Vertical Aerospace, a British developer of electric aircraft, announced on Thursday that it had expanded its partnership Bristow Group, a helicopter ride operator. The company aims to introduce air taxi services in commercial operations. In premarket trading, shares of Vertical listed in the United States were up 1.5%. Bristow Group, based in Texas, offers short-distance heli-tours to several countries including the UK and U.S.A. They have also ordered 50 Vertical VX4 aircraft with an option to buy 50 more. Startups in the air taxi industry are investing heavily to obtain approvals and commercialize electric horizontal takeoff and land (eVTOL), to...

Boeing shares fell by 8% on Thursday in the U.S. premarket trading after a plane carrying 242 passengers crashed just minutes after it took off from Ahmedabad, a city located in western India. Flightradar24, a tracking website for aviation, said that the aircraft was a Boeing 787-8 Dreamliner. This is one of the newest passenger aircraft currently in service. Air India reported that the plane was heading to Gatwick Airport, UK. Police officers, however, said the crash occurred in an area close to the airport. They did not specify if there were any deaths. The cause of the crash was...

Indian shares fell on Thursday, as risk appetite was dampened by the lingering uncertainty surrounding the U.S. China trade deal. The Nifty 50 dropped 1.01%, to 24,888.2, ending a six session winning streak. Meanwhile, the BSE Sensex fell 1%, to 81.691.98. Small-caps and midcaps fell by 1.8% and 1,6% respectively. All 13 of the major sectors suffered losses. The markets were on edge despite the fact that U.S. president Donald Trump claimed a framework for tariffs with China was reached. Kranthi Bathini is the director of equity strategy for Wealthmills Securities. She said, "Markets are still trapped in a cloud...

Ahmedabad, a western Indian city, was the scene of a crash involving an Air India flight bound for London. Here are some details about other recent airline accidents in India. AUGUST 2020 Air India Express Boeing 737 skidded off a runway during heavy rain in Kozhikode, south of Chennai. The plane plunged nose-first down into a valley before crashing into the ground. MAY 2010 Air India Boeing 737 from Dubai crashed into a ravine after it overshot the runway in Mangaluru, a southern city. 158 people were on board. JULY 2000 A state-owned Alliance Air plane that was flying between...

Air India and police officials confirmed that an Air India flight with more than 200 passengers on board crashed near Ahmedabad airport, in India's west city of Ahmedabad. They did not specify if there were any deaths. Air India reported that the plane was heading to London Gatwick Airport in the UK. Police officers, however, said the crash occurred in an area close to the airport. Air India announced on X that it was "ascertaining details" and would provide further updates. Television channels reported that the crash happened as the aircraft took off. The images showed smoke and thick black...

Airbus updated its forecasts for aircraft demand over the next two decades on Thursday. The company told investors and suppliers that the industry is expected to weather the current trade tensions. The European planemaker predicted that the industry, which it and its U.S. competitor Boeing dominate, would deliver 43,420 jets commercial between 2025-2044. This is an increase of 2 percent from its rolling 20-year projection issued one year ago. This includes 42,450 passenger aircraft, an increase of 2% over the previous forecast. And 970 freighters, which is a 3% rise. Airbus has maintained its original projection of an average annual...

A senator announced on Wednesday that the U.S. Army would curtail VIP helicopter flights near the Pentagon following safety concerns raised after the fatal January 29 collision between a Black Hawk helicopter and an American Airlines passenger plane near Reagan Airport. Senator Jerry Moran (a Republican senator who chairs a subcommittee on aviation) told reporters the Army would limit training missions near Reagan Washington National Airport, and the number of senior military officials and defense officials that could use helicopters as transport. After a close call on May 1, which forced two civilian aircraft to abort their landings, the Federal...

The lawmakers said that more than 20 U.S. legislators are expected to attend the Paris Airshow in next week's due to concerns over potential American aerospace tariffs, national security issues and lawmakers. Senators Jerry Moran, Jeanne Shaheen, and a bipartisan delegation previously unknown will be led by 11 U.S. Senators. This includes Senate Armed Services Committee chair Roger Wicker as well as a dozen U.S. Governors and over a dozen House members, headed by Representative Sam Graves who is the chairman of the House Transportation Committee. As China continues its aggressive war against democratic countries, and Russia continues its unjust...

The Federal Aviation Administration will suspend all flights at Reagan Washington National Airport between 6 and 9:30 p.m. The Federal Aviation Administration announced Wednesday that it would suspend flights at Reagan Washington National Airport from 6 p.m. to 9:30 pm ET on Saturday during President Donald Trump's Army Anniversary Parade. FAA expands the Washington, D.C., Metropolitan Area, Special Flight Rules Area. From 6 p.m. until 9:30 p.m., all arrivals and departing flights will be stopped at the airport outside Washington. Travelers can take advantage of flexibility offered by major airlines. United Airlines announced that it will offer a waiver of...

Calculations show that the European Union is offering to subsidise airline purchase of sustainable aviation fuels in excess of 200 million litres, to encourage carriers to switch from kerosene to cleaner alternatives. Based on data from the European Commission, the calculations suggest that subsidies could lead to a significant increase in airline demand for sustainable aircraft fuels (SAF), as the volume is equivalent to around 15% of the global SAF production. According to the airline industry association IATA, global SAF production last year totalled over 1.3 billion litres. The EU has allocated revenue from the sale 20 million carbon emission...

The state-owned Chinese planemaker COMAC proposed to take a stake in Lao Airlines' government-owned Lao Airlines. Lao Airlines recently began operating one of COMAC’s C909 regional aircraft, according to the Vientiane Times, a state-run newspaper. The outlet reports that Lao Prime Minster Sonexay Sphandone said to the National Assembly Monday that the Lao Government is evaluating the COMAC proposal for a "comprehensive enterprise" in which COMAC holds at least a 51 percent stake. Prime Minister said that the national carrier was one of four state-owned enterprises that were undergoing reform. Lao Airlines and COMAC didn't immediately respond to comments. Lao...

Sources in the industry said that Royal Air Maroc was close to a deal to purchase dozens of Boeing jets for its fleet renewal, while Airbus Europe is poised to take a rare step forward with a smaller contract for 20 A220 aircraft. Royal Air Maroc is in discussions for more than a year about renewing its Boeing-dominated fleet. It will continue to use its traditional supplier to meet the majority of its requirements, including 737 MAXs and 787 Dreamliners at next week's Paris Airshow. Sources asked to remain anonymous because the negotiations were not made public. Bloomberg reported earlier...