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Launch of Airbus Atlantic, a new global player for aerostructures
A wholly-owned Airbus subsidiary, Airbus Atlantic, a global player in the aerostructures field, was officially established on 1st January 2022. The new company groups the strengths, resources and skills of Airbus’s sites in Nantes and Montoir-de-Bretagne, the central functions associated with their activities, as well as the STELIA Aerospace sites worldwide. This unification is part of the transformation project…
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Airbus A321LR to Enter Service for the First Time in Japan
Adoption of New-Generation LEAP-1A Engine Leads to 20% Improvement in Fuel Efficiency. Seat pitch of 30-31 inches, with USB charging ports installed in each seat; Entire fleet scheduled to be replaced with new, environmentally friendly models by the end of 2025. Peach Aviation Limited (hereafter: Peach, Representative Director and CEO: Takeaki Mori) announced that…
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Lufthansa Innovation Hub spins off climate-tech start-up SQUAKE
SQUAKE decarbonizes logistics, travel and mobility companies Commerzbank’s main incubator, BackBone Ventures, and Lufthansa Group invest in the company Philipp von Lamezan joins the start-up’s management team as CEO The Lufthansa Innovation Hub spins off its second start-up this year with SQUAKE. Along with the Lufthansa Group, the fledgling company scored two other investors: The…
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United Becomes Largest Airline to Invest in Zero-Emission Engines for Regional Aircraft
New equity stake in hydrogen-electric engine developer ZeroAvia gives United the ability to purchase up to 100 zero-emission, 100% hydrogen engines that could be used on United Express aircraft by 2028 ZeroAvia completed the world’s first hydrogen fuel cell powered flight of a commercial-grade aircraft in September 2020 United today became the largest airline to…
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Frontier Airlines Recounts Remarkable 2021 Growth Story
– 14 Efficient Airbus Aircraft Joined the Fleet – – 670+ Flight Attendants and 170+ Pilots Hired – – 132 Routes, 21 Destinations and 9 New Countries Added – – New Order for 91 Airbus A321neo Aircraft, Tripling Frontier’s Size by 2029 – Frontier Airlines (NASDAQ: ULCC) is reflecting on 2021 as an extraordinary year of growth…
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European Commission approves airBaltic equity increase of 45 million Euro
The European Commission on past December, 2021, under EU State aid rules, has approved a part of the Latvian government’s investment of €45 million into the equity of the Latvian airline airBaltic to compensate the losses caused by the ongoing Covid-19 pandemic and to support overcoming the economic crisis. “The support of our majority shareholder to overcome…
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TAP – Air Portugal distinguished with International Awards
TAP Air Portugal has been distinguished with four important international awards today. WORLD TRAVEL AWARDS World’s Leading Airline to Africa 2021 World’s Leading Airline to South America 2021 Star Alliance is World’s Leading Airline Alliance GLOBAL TRAVELLER AWARDS Best Transatlantic Airline Best Airline in Europe At the 28th edition of the World Travel Awards, it…
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MD Helicopters award transition training scholarship to Embry-Riddle student
MD Helicopters, Inc. (MDHI) is excited to announce that Embry-Riddle Aeronautical University-Prescott Campus student Brandon Hutchins was selected as this year recipient of the MD 500 Transition Training Scholarship valued at approximately $12,000. The MD 500E Transition Training Scholarship was developed to support the next generation of rotorcraft pilots. Over the scholarship’s 10-year history, MD…
