Quick Updates

Russia has today announced plans to invest over $14 billion in its aviation industry by the end of the decade to increase domestic aircraft production. The goal is that 81% of aircraft operated by Russian airlines will be domestically built by 2030, according to Deputy Prime Minister Yury Borisov’s comment in a televised meeting of government officials.

Aer Lingus has declared that it has signed a lease deal for two new Airbus A320neo aircraft. This new generation aircraft will support the airline’s sustainability program. Aer Lingus, as part of IAG, has pledged to achieve net-zero carbon emissions by 2050 and has committed to powering 10 percent of its flights operating sustainable aviation fuel by 2030.

Turkish Airlines is considering non-stop services to Australia. Speaking at the IATA annual general meeting, the carrier’s CEO, Ahmet Bolat, outlined the carrier’s ambition to start operating flights from Istanbul to both Sydney and Melbourne in 2026 or 2027