A consortium of international investors has acquired a 25% stake in Thalita Trading, the holding company of the Northern Capital Gateway that manages Pulkovo International Airport in St. Petersburg, Russia.
Russia’s Renova Group, a subsidiary Airports of Regions, has been chosen by the Kamchatka region as an investor to renovate the new terminal at the Petropavlovsk-Kamchatsky Yelizovo Airport.
Thai LCC Nok Air anticipates reducing its losses substantially this year and will probably move into profitability in 2018, according to CEO Patee Sarasin.
Lufthansa Group LCC subsidiary Eurowings Europe will continue to grow even if airberlin and Austrian LCC NIKI become part of the Lufthansa Group, an airline executive told ATW.
Malaysia Airlines Bhd. (MAB) said it remains on track for returning to profitability next year, despite increasing competitive pressure in its domestic markets.
Top aviation industry officials paid tribute to Jane Garvey, and two former US Presidents sent letters of congratulations, as the former FAA administrator received the 2017 L. Welch Pogue Award Thursday for lifetime achievement in aviation.
Denver-based ultra LCC Frontier Airlines’ pilots voted unanimously Sept. 8 to authorize a strike if the National Mediation Board (NMB) decides that further contract mediation efforts would be unproductive.
Pilots at UK leisure carrier Thomas Cook Airlines staged a strike Sept. 8 for improved pay, the first time British flight deck crew have gone on strike in more than 40 years, according to the British Airline Pilots Association (BALPA).
A planned order for either the Airbus A350 or Boeing 787 is “off the table for now,” Emirates president Tim Clark told ATW’s sister publication Aviation Daily.
During a presentation at the Future Travel Experience Global conference in Las Vegas, US Transportation Security Administration (TSA) official Jose Bonilla displayed a rendering of an imagined future TSA checkpoint featuring a middle lane in which passengers cut through the checkpoint without being physically screened or interacting with TSA personnel.
Around 10 computed tomography (CT) airport checkpoint screening machines produced by Boston-based technology firm Analogic will be tested in major airports in three countries—Japan, the Netherlands and the US—in the coming months.
Indian LCC SpiceJet is continuing to work on plans to enter the long-haul LCC market, although the decision hangs on aircraft economics and purchase price.
Japan’s All Nippon Airways (ANA) has taken delivery of its first Airbus A321neo, becoming the launch operator of the version of the aircraft powered by Pratt & Whitney PW1100G-JM geared turbofan engines.
US airlines, under fire from people trying to get flights out of southern Florida ahead of Hurricane Irma and seeing high fares, are putting caps on one-way direct fares for travel out of the state.
As more potential bidders express interest in airberlin and its Austrian LCC, NIKI, the CEO of Austrian Airlines has warned that any bids should be appropriately serious relative to the size and importance of the two airlines.
