Reading Time: < 1 minute British Airways and Aer Lingus owner IAG raised Є1.2 billion ($1.43 billion) in a bond issue. The company explained the raised funds would help it get through the rest of the pandemic. Originally, IAG planned to raise Є1 billion, but the demand was higher than expected, enabling it to raise Є1.2 billion. According to IAG, […]

Reading Time: < 1 minute The EU aims to launch a digital vaccine certificate by the summer to allow those vaccinated against Covid-19 or those who have tested negative or recently recovered from the virus to freely travel within the EU. The Digital Green Certificate has been proposed to foster travel between EU member states as the summer tourism season […]

Reading Time: < 1 minute Wizz Air’s largest shareholder, American equity firm Indigo Partners LLC, has sold a portion of its Wizz Air shares for $555.56 million. As a result, the shares of Hungarian low-cost carrier Wizz Air have dropped by 6.5%. This move has resulted in Indigo Partners owning a mere 8.5% of Wizz Air, down from 17.5%. The […]

Reading Time: < 1 minute The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport permit the Boeing B737 MAX operations within the country. The authority will issue a recommendation to the National Traffic Safety Committee (NTSC) to allow to fly Boeing 737 MAX in Vietnam’s airspace. CAAV proposal comes after aviation safety agencies worldwide have performed […]

Reading Time: < 1 minute According to CNBC, TSA officers screened 1,357,111 people at airports on Friday, March 12, 2021, which is the highest number of passengers airports have seen in nearly a year since March 15, 2020. It indicates that air travel becomes more common again now that the Covid-19 vaccine is becoming more available. On April 14, 2020, […]

Reading Time: < 1 minute The European Commission has selected Airbus to study spacecraft manufacturing in space as part of the horizon 2020 Programme. The PERASPERA In-Orbit Demonstration project, also called PERIOD, aims to focus on satellite manufacturing in orbit. Producing directly in orbit will be a revolutionary way to design, build and operate space systems. It is much more […]

Reading Time: < 1 minute Low-cost airlines are asking the European Union to request airlines to apply a certain share of sustainable fuel to all flights but not only short-haul ones. The European Commission is drawing a plan for carriers to use a minimum share of sustainable aviation fuels (SAF) to restrain the aviation industry’s CO2 emissions impacting the planet […]

Reading Time: < 1 minute Boeing’s orders for February stand at 82 aircraft and outpace 51 cancellations, making it the first time since November 2019 when the manufacturer posted a net-increase in orders. With 83 aircraft orders for February 2021 and 3 for January 2021, the total number to date is 86. This is 47% of the 184 total orders […]

Reading Time: < 1 minute The US and EU have come to an agreement to suspend all tariffs related to the dispute over Boeing and Airbus’s subsidies. The ongoing negotiations indicate that a transatlantic trade partnership strained for nearly 17 years has a chance to be restored. The tariffs affect $4 billion of US exports to the EU and $7.5 […]

Reading Time: < 1 minute According to the Hanoitimes, Vietnam Aviation Business Association (VABA) has proposed the government to provide a credit aid package of VND25-27 trillion ($1.07-1.16 billion) to support the aviation industry that the Covid-19 pandemic has seriously impacted. VABA claims that the government support would improve enterprises’ financial state. To further facilitate this, the government should consider […]