Source: Boeing Boeing [NYSE: BA] today forecast steady growth and greater sustainability for Europe’s commercial aviation fleet over the next 20 years, as the vast majority of the existing fleet is replaced with more fuel-efficient models. Enabled by low-cost carriers and a rapidly expanding leisure travel market, European carriers will need 8,705 new airplanes valued at €1.25 trillion/£1.1 trillion through 2040, according to the 2021 Commercial Market Outlook (CMO), Boeing’s long-term forecast of demand for commercial airplanes and services. Global and regional air travel markets are recovering largely as Boeing projected last year. Demand for air travel within Europe is leading the recovery as health and travel restrictions ease, followed by long-haul travel's return to pre-pandemic levels by 2023 to [...]

Source: Airbus A safe, sustainable, and fully integrated Urban Air Mobility solution Airbus has announced plans for a new CityAirbus at the Company’s first #AirbusSummit on “Pioneering Sustainable Aerospace” as the emerging Urban Air Mobility (UAM) market begins to firm up. Ushering in the next generation of CityAirbus, the fully electric vehicle is equipped with fixed wings, a V-shaped tail, and eight electrically powered propellers as part of its uniquely designed distributed propulsion system. It is designed to carry up to four passengers in a zero emissions flight in multiple applications. “We are on a quest to co-create an entirely new market that sustainably integrates urban air mobility into the cities while addressing environmental and social concerns. Airbus is convinced that the real challenges are as much about urban integration, [...]

Source: Airbus Demonstration flight kicks off Airbus Summit event in Toulouse Airbus, Air France and DSNA, the French Air Navigation Service Provider (ANSP), have begun working towards the development of “most energy efficient flights”, following their inaugural demonstration flight from Paris to Toulouse Blagnac on the day of the Airbus Summit event. The aircraft flew an optimised trajectory, marking the first of a series of trials planned during 2021 and 2022 within the framework of the Single European Sky ATM Research Joint Undertaking (SESAR JU) “ALBATROSS” project. Launched in February 2021, ALBATROSS is a large-scale initiative of major European aviation stakeholder groups led by Airbus. It aims to demonstrate, through a series of gate-to-gate live demonstration flights across Europe, the [...]

Source: Embraer Eve Urban Air Mobility Solutions and Helipass, SAS, today announced a new collaboration to accelerate and deploy electrical vertical takeoff and landing (eVTOL) aircraft, also known in the market as EVA (Electrical Vertical Aircraft), across France and Europe. The partnership aims to fly Eve’s electric aircraft for a total of 50,000 flight hours per year. This could lead to an optional increase of 100,000 annual flight hours across Helipass’ network. Helipass plans to open digital bookings on its platform to offer an innovative and seamless user experience to customers throughout its network. To support the expansion of this partnership, Eve will work with Helipass to develop training, on-site support, and technical publications to facilitate the launch of EVA [...]

Source: Airbus Airbus SE (stock exchange symbol: AIR) has become a member of the new DAX40 index in Germany, effective today. On 3 September 2021, Deutsche Börse completed the expansion of the DAX from 30 to 40 companies as part of a comprehensive reform process and appointed Airbus, among others, to the German premium index. "We are very pleased to be appointed to the newly formed DAX. We believe that Airbus has found its place in this index due to its economic size and performance. This inclusion allows us to better represent Airbus' historic industrial significance in Germany and highlight our innovative and diverse portfolio of activities too," said Guillaume Faury, Airbus Chief Executive Officer. "The inclusion in Germany's most important [...]