Canadian pilot training company CAE’s civil aerospace business turned a C$48 million ($38 million) operating profit in the third quarter of the company’s 2021 fiscal year despite the pandemic driving revenue down by more than half. Canadian pilot training company CAE’s civil aerospace business turned a C$48 million ($38 million) operating profit in the third...Continue Reading

Israeli flag-carrier El Al is considering raising further capital as part of its efforts to secure loan financing. The airline says it is “examining the possibility” of raising capital to “strengthen” the company’s equity position. El Al says this reinforced equity is a condition of the Israeli ministry of finance and other institutions for providing...Continue Reading

US airline executives have met with administration officials at the White House to lobby against government deliberations to impose a coronavirus testing requirement for all domestic air travellers. US airline executives have met with administration officials at the White House to lobby against a possible coronavirus testing requirement for all domestic air travellers. Airlines have...Continue Reading

Mexican discount airline Volaris has agreed to power another 80 incoming Airbus A320neo-family jets with Pratt & Whitney PW1100G geared turbofans. Mexican discount airline Volaris has agreed to power another 80 incoming Airbus A320neo-family jets with Pratt & Whitney PW1100G geared turbofans. The Hartford-based engine maker confirms on 11 February that it signed an agreement...Continue Reading

The Brazilian air force has sent one of its Embraer KC-390 Millennium cargo transports to Fairbanks, Alaska for cold weather testing. The Brazilian air force has sent one of its Embraer KC-390 Millennium cargo transports to Fairbanks, Alaska for cold weather testing. The aircraft arrived just south of the Arctic Circle on 8 February and...Continue Reading

The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions. The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions. The two companies, which announced the deal in August 2019 and had planned for the transaction to close in mid-2020, clear...Continue Reading

Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan to eliminate hundreds of millions in annual costs and recapture profitability. Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan...Continue Reading

By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls. By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury...Continue Reading

Five industry associations have joined forces to propose a plan for European aviation to reach net-zero CO2 emissions by 2050. Five industry associations have joined forces to propose a plan for European aviation to reach net-zero carbon dioxide (CO2) emissions by 2050. The Destination 2050 – A Route to Net Zero European Aviation report outlines commitments that...Continue Reading

Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility.  Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility.  The...Continue Reading