Airbus, Boeing announce Q1 losses, cut production rate

The two largest airplane makers in the world, Airbus and Boeing announced their Q1-CY20 results today. As anticipated both the manufacturers have declared losses as the world battled COVID-19 and air travel is one the most impacted industries worldwide. Airbus reported revenues of EUR 10.6 billion and a consolidated net loss of EUR 481 million … Continue reading Airbus, Boeing announce Q1 losses, cut production rate

Boeing terminates agreement to establish joint venture with Embraer

In a not so surprising move Boeing announced that it has terminated Master Transaction Agreement (MTA) with Embraer. The MTA was signed in 2018 under which the two companies sought to establish a new level of strategic partnership. This involved creating a joint venture comprising Embraer’s commercial aviation business and a second joint venture to … Continue reading Boeing terminates agreement to establish joint venture with Embraer

A blood test at airport, will this be the new normal ?

Emirates - the Dubai headquartered airline became the first airline in the world to conduct a pre-flight COVID-19 test. All passengers on today's flight to Tunisia were tested for COVID-19 at the Dubai Airport in co-ordination with Dubai Health Authority (DHA). The rapid test was done at the check-in area with results being available in … Continue reading A blood test at airport, will this be the new normal ?

Airline operations in India to remain suspended till 3rd May

The last few days had seen airlines start preparations for limited services starting tomorrow. With the announcement of extension of countrywide lockdown this morning coming from Prime Minister Modi, the flights will remain grounded for some more time. Directorate General of Civil Aviation (DGCA) released a notification soon and was followed with an official NOTAM. … Continue reading Airline operations in India to remain suspended till 3rd May