Air France-KLM has made progress toward resolving a long-running conflict over pay with Air France’s workforce after one of its pilots’ unions agreed in principle to accept a new offer put forward by the group’s new CEO....More
Lufthansa and Ryanair‘s Austria-based LCC, LaudaMotion, have agreed to end a dispute over aircraft leases that escalated in July. Both companies now can avoid a Nov. 18 court hearing in London....More
The Polish airline of Lithuania’s Small Planet Group has filed for restructuring under Polish law and is seeking an investor, following the filing for insolvency by the group’s German carrier....More
United Airlines is preparing the launch of its second daily nonstop service from San Francisco to Singapore, after seeing positive demands from its debut in June 2016....More
Singapore-based LCC Scoot has taken delivery of its first Airbus A320neo following a delivery flight from Toulouse on Oct. 7, to begin the airline’s narrowbody fleet renewal....More
Embattled flag carrier South African Airways (SAA) has appointed Deon Fredericks as interim CFO and plans to seek a permanent replacement within 12 months....More
European and U.S. regulators are mandating software upgrades to CFM International Leap-1A engines that the manufacturer rolled out several months ago, to address an issue linked to extreme cold-weather operations and experienced by one operator....More
The Russian government will provide a 9.8 billion ruble ($146.2 million) subsidy to the State Transport Leasing Co (STLC) based on a decision signed on Oct. 2 and published by the government on Oct. 4....More
Former Ryanair Deputy CEO and CFO Howard Millar has emerged as CEO of Sirius Aviation Capital Holdings Ltd. (SACHL), a new Dublin-based narrowbody lessor that is looking to raise $250 million initially through an initial public offering (IPO)....More
Boeing’s output continued to rebound from the summer as 86 commercial aircraft were delivered in September to 31 airlines and eight lessors—up from 60 deliveries in August and 40 in July—achieving a pace of 2.9 aircraft per day....More
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