IATA downgraded its 2018 profit forecast for the global airline industry, projecting airlines will collectively earn $33.8 billion this year, down 12% from the $38.4 billion predicted in December 2017.

Iran Air expects to take delivery of 11 new aircraft in 2018, but is up against a tight time window because of renewed sanctions against Iran that are expected to come into force in early August.

SkyTeam has appointed former Delta Air Lines executive Kristin Colvile as CEO of the global alliance.

The discontinuation of RTCA’s advisory status is a result of the Trump administration’s government-wide review of federal advisory committees.

The US Congress should remove language from draft FAA reauthorization legislation calling for research into single-piloted cargo aircraft, the Air Line Pilots Association (ALPA) said.

The UK introduced new laws May 30 that will restrict all unmanned aerial vehicles (UAVs) from flying above 400 ft. and within 1km (.62 mile) of airport boundaries.

Russia’s Federal Air Transport Agency has suspended the air operator’s certificate (AOC) for Saratov Airlines, effective May 31, because of a violation of flight safety rules.

The US Department of Transportation (DOT) told Sen. Bill Nelson (D-Florida), ranking member of the Senate Committee on Commerce, Science and Transportation, in a May 23 letter that consumer protections included in both chambers’ FAA reauthorization bills are “unnecessary, expensive and counterproductive.”