Aerospace & Defense

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Germany Approved for P-8 Maritime Patrollers

The German navy is seeking a replacement for its Lockheed P-3 Orions, which are slated for retirement in 2024.

Norwegian Air Founder Bjørn Kjos Launches New Long-Haul LCC

Norse Atlantic Airways plans to launch flights between Europe and the U.S. in December using Boeing 787s.

U.S. Air Force Receives First F-15EX Eagle Fighter

Initial production fighters are assigned to the U.S. Air Force's Eglin base for an accelerated test program to get the new Eagle into service in 2024/25.

Boom Gets Financial Boost from Amex

The airframer said the strategic investment from American Express Ventures will help support continued development of the Overture supersonic airliner.

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Wideroe Goes Electric with Tecnam's P-Volt

Norway-based regional airline Wideroe is to start operating Tecnam's nine-passenger P-Volt powered by a Rolls-Royce electric propulsion system.

New Carbon Fiber Recycling Path Identified

Researchers at the University of Sydney have developed a new method that they say will allow the reclamation of unrecyclable carbon fiber parts.

Sustainability and Environment

GE Reaches $30 billion Deal To Sell Gecas to AerCap

A Gecas-AerCap combination would result in a combined portfolio of more than 2,000 aircraft, 900 engines, and 300 helicopters.

New Irkut Management Sends MC-21 into Colder Climes

The MC-21 narrowbody gets set for cold-weather trials in northern Russia.

Lockheed Martin Flies First F-35 for Denmark

Denmark has 27 of the F-35A conventional takeoff and landing versions on order and expects to deploy them from 2023.

DOT Clears Neeleman’s Breeze Airways for Launch

Breeze Airways will begin service by the middle of the year flying Embraer E-Jets.

Boeing Gets Boost from Improving Order, Delivery Performance

The year-to-date net order count turned positive for Boeing in February while 2021 deliveries have risen to 48.

U.S. and EU Declare Truce over Boeing and Airbus Subsidies

U.S. and European Union trade representatives have been given four months to try to find compromise in the long-running dispute over aerospace subsidies.

Lufthansa Technik Suffers Steep Losses on Pandemic Woes

The MRO arm of the Lufthansa Group attributes its product and customer diversity and investments in digital platforms for its ability to counter Covid-19.

Finance, Taxes, Insurance

Singapore Airlines To Pioneer IATA Travel Pass Deployment

SIA passengers flying from Singapore to London from March 15 to 28 can opt to use Travel Pass to verify health status.

IAI Joins with KAI to Market Loitering Munitions in Korea

The Republic of Korea is in the market for loitering munitions that can be used in manned-unmanned teaming operations.

MTU Maintenance Weathers 2020 Largely Unscathed

The MRO arm of MTU Aero Engines saw the number of incoming engines decline only 18 percent compared with 2019.

Lufthansa Group Plans for Long-haul Fleet Cuts, Modernization

The Lufthansa Group intends to permanently ground all aircraft older than 25 years and decommission all its A380s.

Safran Gets €500 Million Loan for Clean Engine Development

The European Investment Bank will make available a 10-year credit line to Safran for the development of environmentally friendly engine technology.

Hydrogen Pioneers Step Up Plans to Convert Regional Airliners

Universal Hydrogen is finalizing the design of its hydrogen powertrain and has forged a fuel supply agreement with new investors Plug Power.

Air Canada Partner Sky Regional To End Operations

Following Air Canada’s decision to end its flying agreement, Sky Regional must end operations on March 31.

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