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Trump Imposes New Tariffs on China, EU, and Key Trading Partners

U.S. President Donald Trump has announced a new wave of tariffs targeting nearly all of the United States’ major trading partners, signaling a dramatic escalation in the administration’s protectionist trade policy. The measures include a 34% tariff on imports from China and a 20% tariff on European Union goods, among other significant trade barriers.

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Fly2Sky Airlines Joins IATA

Fly2Sky Airlines, based in Bulgaria, has officially joined the International Air Transport Association (IATA), marking a significant milestone in its development as an international carrier. Membership in IATA symbolizes Fly2Sky Airlines’ commitment to maintaining the global standards of safety, efficiency, and sustainability that are central to the industry’s operations.

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FAA Maintains 38-Per-Month Cap on Boeing 737 MAX Production

The Federal Aviation Administration (FAA) will maintain its current 38-aircraft-per-month production cap on the Boeing 737 MAX, citing a “breach of trust” as the reason for delaying any increase. U.S. Transportation Secretary Sean Duffy confirmed the decision, stating that while Boeing is making progress, the agency will not authorize a production ramp-up at this time.

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Russia Removes 345 Aircraft from Foreign Registers, Acquires 216 for Domestic Airlines

By the end of 2024, Russia had removed 345 aircraft from the registers of foreign states, marking a significant step in transitioning aircraft ownership to domestic oversight. Additionally, 216 aircraft were acquired for Russian airlines, ensuring continued fleet expansion and operational stability despite international leasing restrictions.

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Korea’s Fair Trade Commission and Transport Ministry to Oversee Korean Air-Asiana Merger Compliance

In the wake of the Korean Air-Asiana Airlines merger, Korea’s Fair Trade Commission (KFTC) and the Ministry of Land, Infrastructure, and Transport (MOLIT) have formalized a business agreement to jointly monitor the implementation of corrective measures required as part of the merger approval process. This cooperation aims to ensure fair competition and compliance with aviation regulations following the integration of Korea’s two largest airlines.

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Air Botswana Seeks Additional Government Support of US$4.7 Million

Air Botswana, the national airline of Botswana, is set to receive an additional government support of US$4.7 millionin the upcoming financial year. This move underscores the government’s commitment to bolstering the airline’s operations and ensuring its financial stability.

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Turkish Airlines Denied Request for Additional Flights to Canada

Turkish Airlines (THY) has had its request to operate five additional weekly flights to Canada from April 1, 2025, denied by Canadian authorities. The request, which sought extra-bilateral authority, was rejected as it would substantially modify the negotiated air service agreement outside of the formal renegotiation process.

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7 Air Secures FAA Part 121 Certification, Prepares for Cargo Operations

7 Air, a newly certified U.S. cargo carrier, has achieved a significant milestone by obtaining Part 121 regularly scheduled operator status from the Federal Aviation Administration (FAA). The airline received its Air Operator Certificate (AOC) today, granting it approval to conduct scheduled domestic cargo flights. Revenue operations are expected to commence in early March 2025.