The US Department of Transportation (DOT) says airline industry employment in January rose to its highest level since April 2020, a tentative sign that demand for air travel may be returning following an almost year-long decline due to the coronavirus. The US Department of Transportation (DOT) says airline industry employment in January rose to its...Continue Reading

Northrop Grumman plans to pitch the US Army on an air-launched effect variant of the UVision Hero family of loitering munitions. The air launched effect, called Hero ALE, is intended for use with the service’s Future Vertical Lift aircraft, including its next-generation utility and scouting rotorcraft. The US Army is pushing development of air launched...Continue Reading

Russian carrier NordStar has entered a tie-up with regional operator KrasAvia, a consortium intended to increase air transport access for the area. President Vladimir Putin had supported a proposal to establish a base carrier at Norilsk – a designation which has been granted to NordStar – and create a co-operation to ensure connections to remote...Continue Reading

Boeing is closing in on the sale of 737 Max 7 jets to Southwest Airlines, a deal that, if closed, would prove a massive win by Boeing and reflect Southwest’s continued loyalty to the Chicago airframer, according to a report from Bloomberg. Boeing is closing in on the sale of 737 Max 7 jets to Southwest...Continue Reading

Aeroflot Group has disclosed a Rb6.5 billion ($88 million) write-off of goodwill for its subsidiary airline Rossiya in its full-year financial results. The company has also listed a Rb5.07 billion loss from the disposal of another subsidiary, the eastern Russian carrier Aurora which it sold for the token sum of Rb1. Aeroflot Group finance chief...Continue Reading