Boeing Co said it plans to cut its monthly 737 aircraft production by nearly 20 per cent in the wake of two deadly crashes, signaling it does not expect aviation authorities to allow the plane back in the air anytime soon.
Brazilian planemaker Embraer landed the first major European customer for its newly certified E195-E2 passenger jet as Dutch KLM signed a letter of intent for 15 of the upgraded aircraft and options for another 20.
US carrier Southwest Airlines agreed to buy 100 additional Boeing 737 MAX planes, the companies announced on Monday, in a vote of confidence for the aircraft after a 20-month grounding.
The United States agreed a four-month suspension of retaliatory tariffs imposed on British goods over a long-running aircraft subsidy row, with both sides pledging to use the time to resolve the dispute.
Lufthansa may permanently ground more jets to emerge leaner from the coronavirus pandemic, the German airline group said, as it reported a record 6.7 billion euro ($8.10 billion) loss for 2020.
The European Union and the United States agreed on Friday to suspend tariffs imposed on billions of dollars of imports in a 16-year-old dispute over aircraft subsidies and said any solution would need to focus on China.
An Airbus-backed air racing tournament unveiled an electric-powered sports aircraft on Sunday, billed as the world's first, as the European planemaker seeks to boost its green aerospace technology.
A British adventurer has taken off as he attempts to be the first person to fly around the world solo in a gyrocopter, the media reported on Monday.
To make the journey quite comfortable, the airline will be introducing SkyNest, the world’s first ‘sleep pods’ on a plane for economy travellers, in September next year. It plans to locate two stacks of three beds between premium economy and economy-class cabins.