Airbus Helicopters Racer demonstrator, developed in the frame of the European Research Clean Sky 2 project, has performed its first flight, in Marignane. The aircraft flew for about 30 minutes, allowing the flight test team to check the overall behaviour of the aircraft. This important milestone launches the flight campaign which will take two years and will aim to progressively open the aircraft’s flight envelope and demonstrate its high speed capabilities.  “With its 90 patents, Racer is the perfect example of the level of innovation that can be achieved when European partners come ..read more

Norwegian recorded an operating loss (EBIT) of NOK 763 million for the group in the first quarter of 2024. The results were significantly improved compared to first quarter 2023, even though this quarter was impacted by a weaker Norwegian krone. Norwegian’s liquidity position improved to NOK 10.4 billion in a quarter which includes the successful acquisition of Widerøe. For the first quarter of 2024, the Norwegian Group had an operating loss (EBIT) of NOK 763 million, compared to an operating loss of NOK 916 million in the same quarter last year. Operating profit was negatively impacted by ..read more

Canadian carrier, WestJet's CEO Alexis von Hoensbroech, outlined the airline's strategy and commitments for 2024 and beyond in collaboration with key partners at his first annual address to business and community leaders at the Edmonton Chamber of Commerce. "As the capital city of our home province, we are unwaveringly committed to maintaining and growing our title as Edmonton's leading air carrier, as exhibited by our growing network and track record of fueling Edmonton's economic pipeline through inbound tourism and investment attraction," said von Hoensbroech to a sold-out business audi ..read more

Hilton Worldwide Holdings Inc. has this week reported its first quarter 2024 results.  Christopher J. Nassetta, President & Chief Executive Officer of Hilton, said, "We are pleased to report a strong first quarter with bottom line results meaningfully exceeding our expectations, further demonstrating the power of our resilient, fee-based business model and strong development story. During the first quarter, system-wide RevPAR increased 2.0 percent as renovations, inclement weather and unfavorable holiday shifts weighed on performance more than anticipated. On the development sid ..read more

Godfather of electronic music and innovator Jean-Michel Jarre becomes world's first passenger to take off in KleinVision's flying AirCar in preparation for Starmus Opening Concert also Featuring Sir Brian May of Queen. KleinVision's AirCar took to the skies with electronic music pioneer, Jean-Michel Jarre as its first passenger this month, signaling a new era of transportation innovation. AirCar, which received the Certificate of Airworthiness in January 2022, has already logged an impressive 130 flight hours and over 520 takeoffs. "It is like being in a Jules Verne book, but for real! One ..read more

142 commercial aircraft delivered Revenues € 12.8 billion; EBIT Adjusted € 0.6 billion EBIT (reported) € 0.6 billion; EPS (reported) € 0.76 Free cash flow before customer financing € -1.8 billion 2024 guidance unchanged Airbus SE has reported its consolidated financial results for its First Quarter of 2024, ended 31 March 2024. “We delivered first quarter 2024 results against the backdrop of an operating environment that shows no sign of improvement. Geopolitical and supply chain tensions continue. In that context, we delivered 142 commercial aircraft,” said Airbus CEO Guillaume Faury ..read more

Robinson Helicopter Company (RHC), a global leader in civilian rotorcraft, has acquired Ascent AeroSystems, now a wholly-owned subsidiary of the Robinson Helicopter Company. This acquisition reinforces Robinson’s dedication to scaling innovation, accelerating new rotorcraft developments, and supporting diverse missions worldwide. By leveraging the expertise and resources of both companies, Robinson reinforces its leadership in the future of vertical flight systems and utility missions. Ascent AeroSystems Uncrewed Aerial Systems (UAS) to be Assembled at Robinson Helicopter’s Vertically Int ..read more

PLAY airlines offers affordable travel options between North America and Europe. Since its inaugural flight in 2021, PLAY has expanded its fleet to include 10 aircraft from the Airbus A320 family and with an average aircraft age of just over 2 years, PLAY is a real value-for-money option.  Strategically based in Iceland, PLAY leverages its location in the middle of the Atlantic Ocean to efficiently connect passengers travelling between North America and Europe, enabling the airline to maintain low operational costs and pass on savings to customers.  Passengers flying with PLAY c ..read more

Starting June 2nd, as part of its ongoing commitment to service Canada's North, the regional carrier, Canadian North will be offering a twice-weekly jet service Montreal-Kuujjuaq-Iqaluit. The airline will be using its Boeing 737-700 which is joining the company as part of its national fleet renewal strategy. The new jet offers a higher level of comfort and convenience with spacious seats, larger overhead bins, and in-seat power USB outlets. The airline will also be offering complimentary food and beverage service on the route to help passengers enjoy the best of Canadian North’s hospita ..read more

Hawaiian Airlines, has reported its financial results for the first quarter of 2024, this week which shows the firm has generated federal and state net operating losses (NOLs) of approximately $451 million and $969 million.  It was a period during which the company's stockholders had voted in favour of a merger with / take-over by  Alaska Air Group.  The Company and Alaska entered into a timing agreement with the Department of Justice ("DOJ") in which they agreed not to consummate the merger before 90 days following the date on which both parties have certified substantial c ..read more