Page 91 - Comair News Today

British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive received a two-year suspended sentence after both pleaded guilty to bribery in Iraq, Saudi Arabia and the United Arab Emirates.

Global airlines agreed on Monday to step up plans to tackle climate change as they face mounting pressure from regulators and environmental groups over the impact of billions of extra passengers expected to take to the skies in coming decades.

Lufthansa said on Sunday it has agreed to lease four new Airbus A350-900 long-haul passenger jets, taking on newer planes left without homes as airlines restructure their balance sheets amid the coronavirus crisis.

U.S. aerospace manufacturers are poised to strengthen a climate target by pledging to reach net-zero emissions by 2050, echoing a commitment to be discussed by global airlines on Monday, according to industry sources and a document seen by Reuters.

Qantas Airways is in talks with several planemakers over plans to renew its main narrowbody and regional airliner fleets and is expected to formalise the negotiations with a tender announcement within days, industry sources said.

Eve Urban Air Mobility, an Embraer company, has received an order for up to 100 eVTOLs, or electric vertical takeoff and landing (eVTOL) aircraft, according to an Embraer press representative on Sunday.

Singapore's aviation regulator said on Monday it would approve the return to service of the Boeing Co 737 MAX more than two years after the plane was grounded, becoming the latest country in the Asia Pacific region to do so.

CEO Elmar Conradie discusses an exciting development at FlySafair - first international route to popular holiday destination, Mauritius.

Analysts warn Asia may be sliding into an accelerating arms race as countries react to China's military growth and tensions around North Korea's weapons programmes linger.

Boeing Co's 737 MAX test flight for China's aviation regulator last month was successful and the planemaker hopes a two-year grounding will be lifted this year, the head of Boeing's China business said on Wednesday.