Airlines globally will generate $9.8 billion in net profits this year and passenger traffic should recover to pre-Covid levels in 2024, according to IATA.
Transport ministers from Austria, France, the Netherlands, Belgium and Ireland have backed taxes to reduce carbon emissions from business aviation flights.
Honda Aircraft Company will help transport, store, and re-home HondaJets previously managed by Jet It, which suspended operations unexpectedly on May 18.
Argentina’s Ministry of Defense has signed a contract to take six Bell 407GXi helicopters which will be used to assist with search and rescue missions.
Authorizing a reverse stock split to avoid a possible NYSE delisting, Wheels Up still faces a shareholder suit relating to the company's financial filings.
As Europe and other parts of the world expand their use of remote-tower technologies, the FAA is pulling back and halting such projects at two airports.