US FAA, airlines and aviation labor unions have announced a partnership with the National Transportation Safety Board (NTSB) to share summarized safety information that could help prevent accidents.
Ed Winter, the CEO of African budget start-up FastJet, has outlined a rough sequence for the markets which FastJet plans to enter using the air operator’s certificates of Fly540.
Global Eagle Acquisition Corp. has signed definitive agreements to acquire 100% of satellite connectivity provider Row 44 and approximately 86% of entertainment content supplier Advanced Inflight Alliance AG (AIA).
The Czech government may again try to privatize CSA Czech Airlines (OK) before the carrier completes a three-year ongoing restructuring process in 2013, according to Czech Prime Minister Petr Necas.
The International Airlines Group (IAG), parent company of British Airways and Iberia (IB), has unveiled a major restructuring plan for subsidiary Iberia (IB) after a poor third-quarter performance.
The International Airlines Group (IAG), parent company of British Airways and Iberia (IB), reported a third-quarter operating profit of €270 million ($344 million), down 25.6% from an operating profit of €363 million, before exceptional items—€301 million excluding British Midland International (bmi)—in the year-ago period.
Airline association chiefs have joined forces in calls to remove air traffic growth restrictions—such as overreaching government policies, exorbitant taxes, and a lack of cohesive and timely plans for air traffic management modernization and airport capacity expansion.
Air Canada (AC) reported a third-quarter net income of C$429 million ($432.2 million), reversed from a net loss of C$124 million in the year-ago quarter.
Copa Holdings, parent of Panama’s Copa Airlines (CM) and Copa Airlines Colombia, posted third-quarter net income of $111.9 million, up 59.1% from a $70.3 million net profit earned in the year-ago period.
Jet Airways increased 14X-weekly Mumbai-Abu Dhabi service to 18X-weekly Oct. 18. Air France will launch seasonal 5X-weekly Paris Charles de Gaulle-Minneapolis-St. Paul Airbus A340 service May 21, growing to daily June 17. It will also add 3X-weekly Paris Charles de Gaulle-Kuala Lumpur Boeing 777-200 service April 22. Virgin Atlantic launched daily London Heathrow-Mumbai Airbus A330 service Oct. 29.
The European Parliament's Transport and Tourism Committee has rejected European Commission (EC) proposals to boost competition in ground-handling services at major EU airports.
SAS Scandinavian Airlines has deferred publication of its third-quarter results while it works to finalize credit lines and cement plans to sell-off of some of its assets.
Baltic’s state-owned Estonian Air (OV) reported a nine-month loss of €20.2 million ($25.9 million), nearly doubled from €11.2 million in the year-ago period.
Airbus parent EADS reported third-quarter net income of €309 million ($395.7 million), down 1% from a €312 million net profit in the year-ago period, on a 15% rise in revenue to €12.32 billion.
Russian and Cuban authorities are considering a new joint Cuba-based airline, according to the Russian government daily newspaper, Rossiyskaya Gazeta, which quoted deputy minister of transport Sergey Aristov.
International Airlines Group (IAG), parent company of British Airways and Iberia (IB), has confirmed it is planning to launch a formal cash takeover bid for Spanish carrier Vueling (VY) in early 2013, valuing the airline at €209 million ($268 million).
Asiana Airlines (OZ) has posted a third-quarter consolidated net profit of KRW80.2 billion ($73 million), a turnaround from a net loss of KRW34.7 billion for the same period a year ago.
Bombardier has postponed entry into service (EIS) of the CSeries, its foray into the narrowbody aircraft sector, from late 2013 to around the end of June 2014.
Asian carriers continue to be hit hard by the cargo market slump brought on by a global economic slowdown and weak consumer confidence in Europe and the US, the head of the Assn. of Asia Pacific Airlines (AAPA) said Thursday.
Taiwanese airline TransAsia Airways (GE) has placed a follow-on order for six Airbus A321neos, which will be powered by Pratt & Whitney PW1100G engines.
Calgary-based carrier WestJet (WS) reported a third-quarter net income of C$70.6 million ($70.96 million), up 79.9% from a C$39.3 net profit in the year-ago quarter.
