The European Aviation Safety Agency (EASA) has created a task force to assess collision risks posed by small, unmanned aerial vehicles (UAVs) to commercial aircraft.

Russian aircraft manufacturer Irkut Corp. has reported a 2015 net loss of RUB2.27 billion ($31.1 million), reversed from a net profit of RUB72.27 million in 2014.

FAA will establish a Drone Advisory Committee (DAC) to help the agency navigate issues related to unmanned aerial vehicle (UAV) integration in the US national airspace.

Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest and comparative figures for the current week.

African low-cost carrier fastjet will cut its fleet from six to five aircraft, with the early return of one of its Airbus A319s, as it works to match its fleet to market conditions.

The FAA and European Aviation Safety Agency (EASA) have awarded type certificates to CFM International’s LEAP-1B engine, paving the way for entry into commercial service in 2017.

Avianca Holdings, one of Latin America’s largest airline operators, said it has negotiated a “significant reduction” in aircraft deliveries from 2016-2019 with Airbus.

Aircraft News-May 3, 2016