IATA has decided to make the transformation of airline finance divisions one of its major objectives, after gaining broad industry support for this initiative.

The World Trade Organization (WTO) has upheld a US claim that the European Union (EU) has failed to act on illegal Airbus subsidies, but has rejected other allegations related to the Airbus A380 and A350 programs.

Lufthansa said it has presented the pilots’ union Vereinigung Cockpit (VC) a “comprehensive and substantially improved” offer for the approximately 5,400 pilots employed after union talks failed last week, according to a group-wide collective agreement (KTV).

The Southwest Airlines Pilots Association’s (SWAPA) board of directors has decided to present a recent labor contract agreement with Dallas-based Southwest Airlines’ management to the carrier’s 8,400 pilots for a ratification vote.

The global airline industry is set for another strong collective profit this year, but there are indications that its financial improvement could be slowing.

All Nippon Airways (ANA) has signed to buy an L-3 CTS RealitySeven full flight simulator (FFS) for Airbus A320 training.

KLM Royal Dutch Airlines is reorganizing cabin crew structures to achieve 4% productivity gains under Air France-KLM’s Perform 2020 strategy.

IATA is proposing to launch an industry initiative aimed at improving the capabilities and effectiveness of airline finance departments.