The Chinese government provided Air China (CA) with a CNY1 billion ($156.7 million) capital injection to allow the carrier to increase its holding in Cathay Pacific Airways (CX), according to a statement from CA released by the Shanghai Stock Exchange.
Aer Lingus Group (EI) reported a consolidated net loss of €13.1 million ($18.9 million) in the 2011 first half, narrowed from an €18.4 million deficit in the year-ago period, and upgraded its profit outlook for the full year.
US President Barack Obama called on Congress to pass a "clean extension" of FAA funding when it returns from its August recess next week, urging lawmakers to "stop the political gamesmanship" that led to a partial shutdown of the agency in late July/early August.
Reliability is one of the pillars of commercial aviation. Drop a few points and network strategy starts to crumble and passengers look for other options. And it would appear that reliability was the cornerstone of July’s blockbuster American Airlines order, which smashed a variety of records no matter how you count the commitment.
US President Barack Obama called on Congress to pass a "clean extension" of FAA funding when it returns from its August recess next week, urging lawmakers to "stop the political gamesmanship" that led to a partial shutdown of the agency in late July/early August.
The Romanian government approved a plan to partially privatize Tarom. The airline was not included among a list of state-owned entities the government said earlier this year it would privatize, though the carrier's privatization has been speculated about for some time.
Assn. of European Airlines (AEA) named GM-infrastructure Athar Husain Khan deputy secretary general. He will head AEA’s political team and oversee progress on key dossiers, such as commercial aviation’s inclusion in the EU Emissions Trading Scheme.
Satellite communications provider Inmarsat GX selected Rockwell Collins to develop, produce and distribute user terminals and provide support for Inmarsat’s future Global Xpress aeronautical services.
Lufthansa (LH) Group is working with British Midland (bmi) management to produce a long-term business plan that will return the UK airline to profitability.
All Nippon Airways (ANA) officially applied Wednesday to Japan's Legal Affairs Bureau to establish its planned joint venture LCC with AirAsia to be called AirAsia Japan.
Kenya Airways (KQ) finalized an order with Embraer for 10 E-190s, plus purchase rights for a further 16 E-jets, as part of its long-term expansion plan to fly to all African capital cities by the end of 2013.
Kenya Airways (KQ) finalized an order with Embraer for 10 E-190s, plus purchase rights for a further 16 E-jets, as part of its long-term expansion plan to fly to all African capital cities by the end of 2013.
Boeing is promising customers for its new 737 Max series launched Tuesday up to a 7% advantage in operating costs over future competing aircraft as it ramps up the marketing of the third major redesign of the family
Aeroflot took delivery of its second Sukhoi Superjet 100 and implemented the aircraft on its Moscow Sheremetyevo-St. Petersburg service. RwandAir took delivery of a 737-800 with the new Boeing Sky Interior to, making it the first African carrier to own and operate this version. The delivery is the first direct-purchase 737 in RwandAir's fleet. The Kigali-based carrier’s fleet includes also two Boeing 737-500s, two Bombardier CRJ200s and a Dash 8-200.
Alaska Airlines will increase Oakland service to Kona (thrice-weekly) and Lihue (four-times-weekly) as well as San Jose service to Kona (four-times-weekly) and Lihue (thrice-weekly) to daily service March 12, 2012. Frontier Airlines reached an agreement with Apple Vacations to begin to provide charter flights from the US to international destinations Dec. 15, including Cancun, Mexico; Huatulco, Mexico; Liberia, Costa Rica; Montego Bay, Jamaica; and Punta Cana, Dominican Republic, using Airbus A319 and A320 aircraft.
Oxford Aviation Academy (OAA) has forged a five-year training agreement with Olympic Air to provide Bombardier Q400 training solutions and simulator facilities at OAA’s training centre at Arlanda Airport in Stockholm. The agreement also includes options for Dash 8-100 training, which will be offered and made available in late 2011 through OAA’s Norwegian training facility based in Oslo.
US FAA proposed a $298,500 civil penalty against Capital Cargo International Airlines (CCIA) for allegedly operating eight Boeing 727-200 freighters in 2008 and 2009 "when the aircraft were not in compliance with federal aviation regulations," the agency stated.