LATAM to equip A320s with fuel-saving engine-idle descent function
Chile’s LATAM Airlines will equip its fleet of Airbus A320-family narrowbodies with an Airbus-supplied system that reduces fuel burn by automating an “optimal” engines-at-idle descent.
EmbraerX partners start-up Pyka for autonomous aerial agricultural operations
Embraer’s innovation subsidiary EmbraerX is working with North American start-up Pyka to develop autonomous aircraft for agricultural operations.
Gol to acquire 250 of Vertical Aerospace’s in-development VA-X4 from lessor Avolon
Brazilian airline Gol intends to lease or purchase 250 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon, which ordered 500 of the conceptual aircraft earlier this year.
Full rendezvous with reality is still ahead from some airlines
A struggle might be approaching for operators that need to access new equity amid a lack of appetite in the market, writes CTAIRA analyst Chris Tarry
American to invest $200 million in Gol, expand marketing pact
American Airlines plans to acquire about 5% of Brazilian carrier Gol’s shares for R1.05 billion ($200 million) as part of a plan by the airlines to expand an existing marketing and codeshare agreement.
IATA AGM and COP26 are pivotal moments for airline sustainability challenge
IATA has already promised that this October’s AGM meeting in Boston will consider more ambitious sustainability targets. Then, a month later, the UN will convene in Glasgow for its latest climate change conference, COP26.
US court takes Avianca a step closer to emerging from Chapter 11
The US bankruptcy court for the Southern District of New York has approved Colombia flag carrier Avianca’s disclosure statement describing the terms of its reorganisation plan.
Boeing yet to restore 20-year global fleet outlook to pre-crisis 50,000 mark
Boeing is yet to restore its 20-year global fleet forecast to the 50,000 mark it predicted in its pre-crisis outlook, although its latest projection is still higher than that foreseen last year.
Airline coronavirus recovery tracker: September 2021 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
July a solid month for air cargo but risks remain: IATA
July was another solid month for the air cargo industry, but rising Covid numbers could disrupt the sector’s recovery, according to IATA.