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PARIS (Reuters) -European aerospace companies are bracing for "very strong" protectionism in the United States under the administration of President-elect Donald Trump, the head of planemaker ...
SEOUL/SEATTLE (Reuters) - Before it suffered the deadliest crash in South Korea's history, budget airline Jeju Air was moving fast: racking up record passenger numbers and flying its aircraft more ...
The business aviation industry has grown over 30% in the past five years, and 2025 is already gearing up to be another monumental year. With this growth, companies are revolutionizing the industry ...
In March 2020, news that Boeing was seeking a $60 billion bailout caused a steep drop in its stock price, though Boeing eventually received $17 billion in funds from the coronavirus stimulus. [1] Its extensive supply chain providing aircraft components and flight simulators suffered similar losses, as did the aircraft services industry ...
7 January Boeing settles with the US Department of Justice to pay over $2.5 billion after being charged with fraud over the Boeing 737 MAX certification: a criminal monetary penalty of $243.6 million, $1.77 billion of damages to airline customers, and a $500 million crash-victim beneficiaries fund.
This is a list of aviation-related events in 2022. Throughout the year, the aviation industry was recovering from the COVID-19 pandemic. Events. January
Meanwhile, in Iraq, Kamiran Hassan, the mayor of Mawat district in the Sulaymaniyah province of Iraq’s Kurdistan region, told CNN that Mount Asos was targeted twice by Turkish airstrikes.
In January 2021, Lufthansa AG CEO Cartsen Spohr stated all the Airbus A340s will be retired permanently and also stated that the eight remaining Airbus A380s and eight remaining Boeing 747-400s (both of which are currently in long-term storage) could also be eligible for permanent early retirement due to the COVID-19 impact on aviation as both ...