The FINANCIAL — Nokia, alongside Honeywell International as consortium lead, has been selected as part of Project FACT (Future All Aviation CNS Technology), an innovative research and development program initiated under the SESAR 2020 program, managed by the Single European Sky ATM Research (SESAR) Joint Undertaking.
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The FINANCIAL — Air travel demand in Europe is recovering from COVID-19 impact. Business aviation recovering faster than other segments and now only 9% below 2019 levels. Also, all-cargo flights are 4% above 2019 levels. Ryanair, announced it has restored over 60% of normal flight
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