Worldwide air passenger traffic grew 5.7% year-over-year (YOY) in June, slowing from May’s 6.9% YOY growth, according to IATA’s June Air Passenger Market Analysis report.

Calling current demands from pilot-union leaders “outrageous and irrational,” Republic Airways Holdings executives said they plan to present a best-and-final contract offer to the International Brotherhood of Teamsters (IBT) Local 357 on Aug. 20.

Iraqi Airways has been banned from the European Union (EU) and four other European nations following a series of alleged safety lapses and inability to provide documentation to the European Aviation Safety Agency (EASA).

Virgin America is no longer subject to credit-card holdbacks from processing companies, a development that should free up some short-term cash, the airline told investors recently.

Thai Airways International will cut its workforce by 1,400 by the end of the year.

An estimated $16.3 billion in economic benefits can be achieved in the Middle East over the next 10 years by delivering enhancements to air traffic control systems, according to a new report commissioned by NATS.

Air traffic management specialist NATS is looking to win C-level buy-in for its newly released report on the economic benefits of Middle East air traffic control improvements which says the region (comprising the six GCC states, Iran and Iraq) stand to gain estimated benefits of US $16.3 billion over the next 10 years if one percent of the outcome is invested in ATC systems enhancements.

Sweden has invoked a ban on Iraqi Airways with immediate effect claiming the airline does not meet necessary safety standards required within the European Union.