#aviation-industry

#aviation-industry

The German government has said it plans to reverse an increase in aviation taxes which came into force last year in a bid to support the industry. The tax cut comes as part of a broader effort to boost the German economy. Other significant measures include a subsidy for electricity costs for companies, and a plan to construct a number of new gas-fired power plants.

Germany's national carrier Lufthansa on Monday confirmed reports that it intends to cut 4,000 administrative positions by 2030. The company said it would use artificial intelligence (AI), digitalization and efficiency savings among its member airlines. The announcement comes days after another major German company, the industrial giant Bosch, said it would cut 13,000 jobs partly with the use of AI.

Doric Nimrod Air Three Limited announced last Friday that it had agreed to sell Emirates four Airbus A380s in a $180 million deal. Emirates had already been leasing these planes for the past 12 years, but this commitment is a signal of further confidence in the type.

Delta is removing U.S.-made Pratt & Whitney engines from new Airbus A321neo jets in Europe and sending them to the U.S. to avoid import tariffs.

The government reversed the 2018 policy, effective July 1, that placed levies on airline tickets, depending on distance flown. The flip flop comes from a country that invented the Swedish term "flygskam," or flight shame, during a pre-pandemic anti-air travel movement championed by environmental activist Greta Thunberg.

The introduction of Magellan Jets' Fractional Ownership program allows clients to own a share in the Bombardier Challenger 850, redefining private travel.

San Jose International Airport saw a slight increase in passenger traffic in May compared to April, but numbers are still significantly below pre-COVID levels.

The U.S. entry into Israel's war with Iran caused widespread global travel disruptions, with flight cancellations peaking despite claims of a ceasefire by Trump.

The tragic scenes of last week's Air India crash loom over the Paris Air Show, highlighting the impact of geopolitical tensions on the aviation industry.

The EU's recent agreement to extend delay compensation thresholds for passengers represents a significant shift in air travel regulation, potentially limiting many passengers' rights.

We did experience some turbulence in the first quarter, however, we managed all of it very effectively," said CEO Michael Rousseau, reflecting on the challenges faced.

The Covid-19 pandemic fundamentally altered how people view public spaces, including commercial airports and airlines.