Aircastle, citing program slippage and not soft customer demand, will not take three Embraer E-Jet E2s as scheduled in 2019, the lessor’s top executive confirmed.
Faced with a significant rise in fuel costs, Royal Jordanian reported a third-quarter (3Q) net profit decline of 28% to JD22.9 million ($32.3 million) compared to the year-ago period.
The Swedish Energy Agency has approved an application by a consortium, including KLM Royal Dutch Airlines, to pursue a project for biofuel production in Småland, southern Sweden.
Hainan Airlines Holding reported a net profit of CNY729 million ($106 million) for the first nine months, a 73.6% decline compared to the year-ago period.
The Chilean Court of Free Competition (TDLC) has approved the joint business agreement (JBA) between Dallas/Fort Worth-based American Airlines and Santiago, Chile-based LATAM Airlines Group Oct. 31.
More details are emerging about problems with the previous day’s flight of the Lion Air Boeing 737 MAX 8 that crashed into the Java sea Oct. 29, according to wire reports.
Atlas Air Worldwide (AAW) posted third-quarter (3Q) net earnings of $71.1 million and raised its full-year outlook for the third straight quarter, citing continued demand for its freighter-focused leasing and charter businesses.
Ryanair has filled in one of the few dark areas in its European route map with the launch of flights from Bosnia and Herzegovina, the Irish LCC’s 37th country.
The UK announced another increase in its Air Passenger Duty (APD)—a departure tax—on the same day the country’s transport minister emphasized how important airports are to the nation’s future prosperity.
Singapore Airlines (SIA) is launching its first nonstop service to Seattle, Washington state from Sept. 3, 2019, making it the fifth US city to be served by the airline.
Cape Town International Airport will realign its primary runway and upgrade terminal facilities as international traffic continues to grow at South Africa’s second-largest airport.
Working with Spanish hybrid-electric light aircraft developer Axter Aerospace, US startup Wright Electric plans to fly a nine-seat demonstrator in 2019 as a step toward an ultimate goal of developing a 186-seat, electric-powered narrowbody airliner.
European aircraft manufacturer ATR is confident there are market opportunities for turboprops in South Korea, even though such aircraft have yet to gain a foothold there.
Air China reported a net profit of CNY6.5 billion ($946 million) for the first nine months of 2018, down 20% year-over-year (YOY), the highest earnings among the country’s three main carriers.
Divers appear to have located and retrieved the flight data recorder (FDR) from Lion Air flight JT610, a Boeing 737 MAX 8, which crashed into the Java Sea on Oct. 29.
Bahraini flag carrier Gulf Air and Thai Airways International (Thai) have expanded their longstanding codeshare arrangement under a new agreement that became effective Oct. 28, the Middle East carrier said Oct. 31.
Faced with rising fuel costs and a weakened Chinese yuan against the US dollar, China Eastern Airlines reported a 42.1% decline in operating profits to CNY5.8 billion ($844 million) for the first nine months of 2018, compared to the same period last year.
UK long-haul carrier Virgin Atlantic has named Finnair CCO Juha Järvinen as its new EVP-commercial, and appointed non-aviation industry executive Ash Jokhoo as SVP-technology.
