Air Transport

    • DHL buys 12 electric cargo planes

      DHL buys 12 electric cargo planes

      The leading global delivery company DHL announced a major move targeted at facilitating the curbing of carbon emissions. It confirmed a deal with the Eviation startup which envisaged the purchase of 12 cargo planes powered by electricity, CNBC reported. Eviation is a start-up focused on developing electric fixed-wing airplanes both for cargo and passengers.

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    • Wizz Air eyes recovery next year

      Wizz Air eyes recovery next year

      The low-cost carrier Wizz Air announced that toughest times linked to the pandemic downturn are already in the past but it still expects to fully recover from the coronavirus driven crisis next year as travel demand rebounds from the pandemic, chief executive Jozsef Varadi said. Speaking at the virtual Paris Air Forum, Varadi repeated recent comments that the Hungary-based airline would fly more seats this summer than it was flying two years ago before the pandemic struck.

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    • US injects $3bn subsidies in the aviation sector

      US injects $3bn subsidies in the aviation sector

      US announced another measure to spur the recovery of its aviation sector which was badly hit by the pandemic slowdown, Reuters reported. The programme of the US Transport Department is intended to compensate up to half of wages of eligible aviation manufacturing companies. The support is envisaged to last for up to six months. The funds are estimated at some three billion dollars.

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    • EU sanctions cripple Belarus airlines

      EU sanctions cripple Belarus airlines

      The EU sanctions that followed the forced grounding of the Ryanair airplane in Belarus delivered a heavy blow over the plans of Minsk to upgrade the country’s state airline, Reuters reported. An airplane of the low-cost carrier Ryanair was forced to land last week in Minsk en route to Lithuania. The local police arrested an opposition journalist who was on board of the airplane. The European Union slapped the hijacking and imposed sanctions including a ban for Belarus airplanes to fly over EU territory.

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    • Airbus ups production targets as jet demand soars

      Airbus ups production targets as jet demand soars

      The faster than expected recovery from the pandemic slowdown spurred high demand for new airplanes, Reuters reported. The European giant Airbus earmarked it would raise its output targets amid the rapid recovery of the transport sector, fueled by lifted travel restrictions in most industrial countries. Airbus confirmed intentions to boost A320neo output by 10% to 45 jets per month by end-2021 and accelerating to 64 per month in the second quarter of 2023.

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    • New problems ground Boeing's 737 Max carriers

      New problems ground Boeing's 737 Max carriers

      New production problems were found on the troubled Boeing's 737 Max carriers, BBC reported. Some 100 planes from 24 companies worldwide were grounded after electrical problems were dicovered last month. Deliveries of many more new aircraft have been suspended. Boeing and the US regulator, the Federal Aviation Administration said they were working closely to address the issue. The new problems come less than six months after Boeing's 737 Max was cleared to fly again by US regulators.

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    • Airbus sales surge on easing global lockdowns

      Airbus sales surge on easing global lockdowns

      The airplane producer Airbus announced a robust growth in demand for new planes as countries started to relief restrictions, related to pandemic. One of the main restrictions was linked to travel and transport and grounded the fleet of many carriers. The lack of transport and travel lead to a drastic slump in demand for new planes. But March seemed to be the turning point for Airbus which reported first signs of recovery, Reuters reported.

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    • The Thiele family keeps its large stake in Lufthansa

      The Thiele family keeps its large stake in Lufthansa

      The German Thiele family earmarked it intended to keep control over its large stake of shares in country’s flagship carrier Lufthansa, Reuters reported. The decision comes just weeks after the death of Heinz Hermann Thiele. There has been some uncertainty about the fate of the holdings of the billionaire who died in February.

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    • Alitalia restarts business with €1bn state support

      Alitalia restarts business with €1bn state support

      The Italian flag carrier Alitalia comes back to life due to a state aid package which totals €1 billion, Reuters reported quoting an article in LaRepublica. The package is less than half of initial estimates but is still seen as good enough to secure a fresh restart of operations. Alitalia will start with 45 planes and will employ some 4,500 workers.

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