United Continental Holdings has indicated plans to extend a loan to Bogota-based Avianca Holdings SA, after the two companies agreed on a leadership reshuffle that involved a loss of voting rights for Avianca’s largest shareholder.
Inmarsat on May 30 announced a contract with Airbus Defense and Space to acquire three new-generation Global Xpress (GX) satellites, which will mark a step change in inflight broadband connectivity, the satellite communications company said.
A group of 73 US House Democratic lawmakers have also sent a letter to Delta Air Lines CEO Ed Bastian calling on the Atlanta-based carrier to “immediately cease all efforts” to dissuade their ramp agents and flight attendants from joining the International Association of Machinists and Aerospace Workers (IAM).
Independent aviation training provider BAA Training of Lithuania is expanding its facilities in Europe and Asia with the acquisition of six new full-flight simulators (FFSs), representing a preliminary investment of €60 million ($67 million).
UK-based regional aircraft manufacturer Britten-Norman is planning to establish a regional airline in Malta as part of a wider agreement to develop its presence in the country.
The Greenlandic government has taken full ownership of Air Greenland, after Scandinavian Airlines (SAS) and the Danish government agreed to sell their shareholdings.
Mitsubishi Aircraft Corp. said the MRJ90 regional jet remains its “number one priority” after Asian news outlets reported the company was changing direction to concentrate on development of a smaller version intended for the US market.
Southeast Asian legacy carriers are facing aircraft order decisions as they target new or revised aircraft deals to replace older types and make fleet adjustments to better suit their business plans.
With the chaos of summer 2018 fresh in their minds, when air traffic control (ATC) strikes and staffing problems led to widespread delays and cancellations, European airline executives are hoping operational preparations will ensure a smoother peak summer season this year.
In-depth internal and external reviews of aircraft certification processes have not led to changes that will alter Boeing’s 777X program, the company’s CEO said, while acknowledging that yet-to-be-discovered factors could influence the new widebody’s final stages of development.
Airbus confirmed its exclusive collaboration agreement with Siemens to develop hybrid-electric propulsion systems for the experimental E-Fan X demonstrator and other vehicles is concluding a year ahead of schedule, but said the two companies will continue to partner on projects.
IATA director general and CEO Alexandre de Juniac urged global regulators to lift the grounding of the Boeing 737 MAX in unison, even while acknowledging that the model’s return to service is still likely a few months away.
South African regional carrier SA Express is preparing to press fraud and corruption charges against several former executives after an investigation turned up financial irregularities.
At 50, Airbus is comfortable in its middle age. Led by a new, streamlined executive committee headed by a new CEO, the company has its own identity and the jabs at “our friends in Seattle” have all but disappeared.
Chinese airlines will incur losses of CNY4 billion ($580 million) if their grounded Boeing 737 MAXs do not return to the air by June 30, the China Air Transport Association said.
Facing up to rising costs amid worsening economic conditions is the biggest challenge airlines are facing in 2019, and more airline failures may lie ahead, the head of IATA said May 29.
As rising tariffs in the US-China trade war affect global trade, IATA said it would cut its outlook for 2019 global cargo demand growth after April figures showed the negative cargo demand trend seen since January continuing.
South Korea’s two largest carriers are set to begin major narrowbody fleet upgrade programs over the next two years, although delivery delays have disrupted planning efforts.
As Sweden’s airline industry grapples with the new phenomenon of “flight shame,” which has seen some travelers starting to shun air travel because of environmental concerns, a new airport is scheduled to open in the country in December.
