The International Air Transport Association (IATA) has announced that airlines may burn through $61 billion of their cash reserves during the second quarter of 2020, while posting a quarterly net loss of $39 billion. IATA also revealed that over 7000 aircraft have been grounded worldwide due to the pandemic. The global body said the analysis […]
Airbus has delivered the 1,000th A320neo Family aircraft. The aircraft, an A321neo produced in Hamburg, Germany, was delivered to Indian airline IndiGo. IndiGo is the world’s biggest customer for the A320neo Family with orders totaling 430 aircraft. Since its first NEO was delivered in March 2016, its fleet of A320neo Family has grown into the […]
The world’s passenger and freighter aircraft fleet is set to more than double from today’s nearly 23,000 to almost 48,000 by 2038 with traffic growing at 4.3 per cent annually, which would result in a need for 550,000 new pilots and 640,000 new technicians. This was projected by Airbus, which disclosed that by 2038, of […]
EGYPTAIR has taken delivery of its first of 12 A220-300 aircraft on order, becoming the first A220 operator based in the Middle East and North African region, and the sixth operator worldwide. The Cairo-based airline intends to fly the aircraft on routes to and from its main Egyptian Hub in Cairo in the coming days. […]
Airbus has today officially begun manufacturing the A220 in the U.S. The first team of A220 production workers began work at Airbus’ Mobile, Alabama-based production facility following their recent return from on-the-job training in Mirabel, Quebec, Canada, where the A220 programme and primary final assembly line are located. “The expansion of our commercial aircraft production in […]
