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Stabilization of Deutsche Lufthansa AG successfully completed

The Economic Stabilization Fund of the Federal Republic of Germany (WSF) announced yesterday that all the remaining shares of its holding in Deutsche Lufthansa...

United and Emirates Expand Market Presence Through New Agreement

United and Emirates announced a historic commercial agreement today that will enhance each airline's network and give their customers easier access to hundreds of...

Phillips 66 Aviation Launches Carbon Offset Program

Phillips 66® Aviation, a refiner and national top supplier of jet fuels and avgas to private, commercial and military aviation, recently announced its carbon...

United Airlines Invests in Eve, Signs for 200 eVTOL Aircraft

United Airlines invested $15 million in Eve Air Mobility and placed a conditional purchase agreement for 200 four-seat electric aircraft plus 200 options calling...

As Boom Seeks Engine, Airlines Mull Supersonic Use Case

As Boom continues its efforts to convince an engine manufacturer to back its supersonic ambitions by investing in a new powerplant, how exactly airlines...

UPS Orders Eight Boeing 767 Freighters

Boeing on Monday said UPS has ordered eight Boeing 767 Freighters, bringing to 108 the number of 767s under contract with the world's second-largest...

Civil Aviation Sees Big Drop in Accident Rate in 2021

A newly released report from the International Civil Aviation Organization (ICAO) shows a 9.8 percent decrease in the global accident rate for last year...

Engine Delay, Sanctions Threaten Sino-Russian CR929 Program

Funding shortages will delay by up to three years the development of the engine that Russian industry hopes will power the prospective Sino-Russian widebody...

Air Astana Resumes Growth after Pivot from Russia

With a resolution to the Russia-Ukraine conflict appearing a distant prospect, CIS airlines such as Kazakhstan carrier Air Astana have turned their focus toward...

U.S. Regional Airline ExpressJet Declares Bankruptcy

U.S. regional airline ExpressJet declared bankruptcy Tuesday, a day after ceasing operations out of its sole base at Reno-Tahoe International Airport. Operating as a United...
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