North America – Page 298
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Airline BusinessAirline coronavirus recovery tracker: March 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, 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.
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NewsFrontier seeks IPO after cancelled attempt in 2020
Frontier Airlines on 8 March filed for an initial public offering of stock with the US Securities and Exchange Commission, a year after cancelling its previous bid for a $100 million offering that it initiated in 2017.
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NewsUS Air Force looks at air-to-air combat technologies for next-generation UAVs
The US Air Force is looking for air-to-air combat technologies for its family of next-generation unmanned air vehicles.
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NewsUS Congress approves aviation payroll support extension
Both houses of the US Congress have passed the third comprehensive coronavirus relief package for the air transport industry, which would grant airlines $14 billion more in payroll support as the crisis drags on.
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NewsHoneywell developing 1MW turbo-generator for air-taxi segment
Honeywell later this year plans to demonstrate a new, more-powerful turbo-generator designed for use on air taxis, cargo drones and hybrid-electric commercial aircraft.
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NewsDARPA kicks off feasibility study of military jetpacks
The US Defense Advanced Research Projects Agency (DARPA) is studying the technical feasibility of military jetpacks, and other personal flying platforms, potentially for use by US special forces.
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NewsFedEx invests $2bn in sustainable technologies
US cargo carrier FedEx is investing more than $2 billion as part of an effort to achieve carbon-neutral operations across its global network in 20 years.
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NewsUS-EU strive to ‘reset’ relationship by suspending tariffs in Airbus-Boeing row
European Union regulators have agreed to a temporary suspension of tariffs in the long-running Airbus-Boeing dispute over civil aircraft subsidies, a four-month hiatus which will lift tariffs on aircraft and non-aircraft imports. The dispute was initiated by the US government in 2004 but, with the spat having moved from a ...
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NewsBell 505 single-pilot operations restricted as inspection regime tightens
Canadian safety authorities have temporarily banned right-hand single-pilot operations of Bell 505 Jet Ranger X helicopters, after further investigations into the potential fracture of collective sticks on the type. Transport Canada is tightening inspection requirements for the helicopter following an incident in which the collective stick on one aircraft failed ...
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NewsAmerican Express Ventures invests in Boom Supersonic
The innovation-finance arm of American Express is the latest company to invest in Denver-based supersonic aircraft maker Boom Supersonic.
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NewsSecond Avenger gets FAA Experimental Certificate as UAV plays growing payload-testing role
A second General Atomics Aeronautical Systems Avenger Extended Range (ER) unmanned air vehicle (UAV) has received an Experimental Certificate from the Federal Aviation Administration.
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NewsBombardier turnaround plan leans on aftermarket expansion and demand for Global jets
Bombardier aims to achieve 20% profit margins by 2025 through a mix of cost cutting, corporate restructuring, improved productivity, aftermarket expansion and increased sales of high-profit business jets.
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NewsUS government temporarily suspends UK tariffs in shift to resolve Airbus-Boeing spat
Signs have emerged of a shift in the effort to resolve the long-running transatlantic civil aircraft subsidies dispute, after the US and UK governments agreed to suspend tariffs for four months. The measure follows the UK’s unilateral suspension of tariffs at the beginning of January. Both sides have since jointly ...
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NewsSpirit chief bets on A320neos and A321neos for capacity growth
Spirit Airlines continues to target mid-2021 as the inflection point when its capacity returns to pre-pandemic levels and is betting on new Airbus A320neo and A321neo aircraft for its expansion plans, two executives from the carrier said during an online discussion on 3 March.
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NewsSpaceX Starship lands upright, then explodes
SpaceX’s Starship Serial Number 10 (SN10) prototype rocket landed safely under its own power after a test flight that took it to an altitude of 33,000ft. Eight minutes later, it blew up.
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NewsSky Regional to cease operations end-March: reports
Sky Regional airlines will cease to operate from 31 March after Air Canada transferred all of its Air Canada Express flying to Jazz Aviation, according to numerous reports in Canadian media.
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NewsNetJets takes purchase rights for 20 Aerion AS2 supersonics
Fractional aircraft ownership company NetJets has thrown its support behind Aerion’s AS2, acquiring rights to purchase 20 of the in-development business jets.
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OpinionAirline cash-burn figures focus the mind
While the US majors have made significant progress on reducing their daily cash burn, the magnitude of the figures is till noteworthy
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NewsMesa plans joint venture to fly CRJ900s in Europe
Mesa Air Group on 2 March announced a conditional agreement with London-based Gramercy Associates to launch a joint venture to operate Mesa’s Bombardier CRJ900 aircraft on passenger or cargo routes in Europe by the end of 2021.
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NewsCanadian airlines lost 23% of international market share: WestJet chief
Airlines in Canada during the coronavirus pandemic have lost 23% of their market share on international routes to competitors in Europe and the USA whose governments have provided sector-specific relief funds, WestJet chief executive Ed Sims said during an online discussion hosted by multinational aviation group Eurocontrol on 2 March.