The International Air Transport Association (IATA) has urged the Canadian Government to support the country’s aviation industry amid the Covid-19 pandemic.
The European Space Agency (ESA) has awarded the first contract for space debris removal to an industrial team led by the Swiss start-up ClearSpace. This announcement signals the emergence of two novel sectors within the space systems industry: on-orbit servicing and space debris removal.
Airlines that show initiative and diversify their revenue streams will have a better chance of survival than companies that rest on their laurels.
As Covid-19 has created a new wave of remote workers, these digital nomads may increase demand for long-haul routes as they are no longer tied down to one specific location.
US industrial conglomerate Textron has responded to a purported tender offer by UK-based Xcalibur Aerospace and called it ‘fictitious’.
The idea of a ‘connected trip’ has long been mentioned by Booking Holdings’ CEO, Glen Fogel, with the idea to create a frictionless experience for customers when using the company. COVID-19 presented the opportunity for the company to take this exploration further and this idea may act as a tool to help heal Booking Holdings in its lengthy recovery process.
Saudi Arabia claims it remains on track to reach its ambitious target of welcoming 100 million guests annually by 2030. To put this into context, Saudi Arabia welcomed 17 million tourists in 2019, this would mean tourism arrivals increasing by nearly six fold in 11 years.
In a development which has dimmed the recent positive outlook for Boeing in the European commercial aerospace market, the World Trade Organisation (WTO) has greenlit tariffs against US companies including Boeing.
DragonSlayer’s new travel information platform provides real-time updates on COVID-19 travel restrictions and regulations, helping consumers feel safe and informed when they travel. Originally an invitation-only app within the luxury travel sector, DragonSlayer adapted to the disruption caused by COVID-19 in the tourism industry’s booking and planning segment.
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