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BUSINESS AVIATION

Joby Aviation | August 06, 2021

Reinvent Technology Partners, a special purpose acquisition company that takes a “venture capital at scale” approach to partnering with bold leaders and companies, announced that at its Extraordinary General Meeting of Shareholders held today, RTP shareholders voted to approve and adopt the previously announced business combination agreement with Joby Aviation, Inc. a transportation company developing an all-electric, vertical take-off and landing aircraft that it intends to op...

Airbus | September 21, 2020

To celebrate zero emissions day 2020, Airbus has revealed three concept aircraft, codenamed ZEROe. These hydrogen-powered planes would be the first to produce zero emissions in flight and could revolutionize air transport for the future. Here’s what you need to know. European planemaker Airbus has unveiled three concepts for aircraft that could fly with zero emissions. These commercial planes are designed to fill every niche in the commercial aviation sector, and the planemaker says...

American Airlines | July 22, 2020

American Airlines has postponed its plans for a new terminal at its Dallas Fort Worth hub. The airline had announced the US$3 billion build last year with a planned 2025 opening date. However, times have changed. American Airlines has confirmed the new terminal build is paused indefinitely. On Tuesday, chief financial officer Christopher Poinsatte said the new terminal, referred to as Terminal F, was delayed. He did not specify a time frame, rather used the word “indefinitely”...

Cathay Pacific Group | July 22, 2020

As a cash preservation measure, Hong Kong’s Cathay Pacific revealed today that it had signed an agreement with Airbus to defer deliveries of its A350-900s, A350-1000s, and A321neos. The airline is in advanced negotiations to delay the order of its Boeing 777-9s as well. In its official prospectus sent to Simple Flying, the delayed deliveries are expected to “produce cash savings to the Cathay Pacific Group in the short to medium term.” The prospectus is for the ai...