January
A specially modified McDonnell Douglas F-15 Eagle sets eight time to climb records, including one of 3 minutes 27 seconds from standstill on the runway to a height of 30,000 metres (98,425 feet).
January 12 - British Airways begins Europe's first no-booking shuttle service, between London and Glasgow.
January 14 - the F-16 Fighting Falcon is announced as the winner of the LWF (Light Weight Fighter) competition
January 20 - terrorists hijack an Air France Boeing 707 and have it flown to Baghdad
April
April 1 - Republic of Singapore Air Force is formed
April 30 - the US Air Force, Navy, and Marine Corps evacuate 7,000 US and South Vietnamese officials from Saigon
June
June 22 - Svetlana Savitskaya sets a new women's airspeed record of 2,683 km/h (1,667 mph) in the Mikoyan Ye-133, a modified MiG-25PU two-seat trainer
August
August 3 - A privately chartered Boeing 707 impacts the mountainside near Agadir, Morocco killing 188.
August 9 - Japan Air Lines establishes Japan Asia Airways as a subsidiary
First flights
January
January 24 - Aerospatiale SA 365 Dauphin F-WVKE
January 25 - Birdman TL-1, lightest piloted powered aircraft
February
February 22 - Sukhoi T-8-1, prototype of the Su-25 attack aircraft
February 26 - Cessna 404 Titan N5404J
March
March 7 - Yakovlev Yak-42 CCCP-1974
March 27 - de Havilland Canada DHC-7 C-GNBX-X
April
April 21 - Dominion Skytrader 800 N800ST
May
May 21 - Rutan VariEze N7EZ
June
June 3 - Mitsubishi F-1 59-5107
June 16 - Atlas C4M Kudu ZS-IZF
July
July 1 - Valmet L-70 Vinka
August
August 26 - McDonnell Douglas YC-15 72-1875
September
September 16 - Mikoyan Ye-155MP
September 30 - Hughes YAH-64 73-22248
October
October 1 - Bell YAH-63
November
November 19 - AmEagle American Eaglet
Entered service
March
March 5 - Shin Meiwa US-1 with the Japanese Maritime Self-Defense Force