Halifax-based Chorus Aviation, the parent company of Canadian regional airline Jazz Aviation, posted 2016 net profits of C$111.8 million ($83 million), more than quadrupling its C$25.5 million net result for 2015.
United Parcel Service (UPS) has conducted a test delivery in which an unmanned aerial vehicle (UAV) launched from the top of a delivery truck and carried a package in a residential area.
Local government subsidies and slot shortage encourage airlines to shift attention to Chinese secondary city airports, but profit does not always follow.
Bilal Eksi had to deal with the June terrorist attack at Istanbul Ataturk Airport and an attempted military coup that seriously hurt demand and profits.
The FAA will allow airliners with qualified enhanced vision to land without natural vision of runways and takeoff when destination fields are below minimums.
At a time when the demand for new pilots is more pressing than ever, could the Multi-Crew Pilot License be a better answer than traditional training methods?
All Nippon Airways (ANA) Holdings has extended control over Japanese low-cost carrier (LCC) Peach Aviation, as it acquires a greater share of the joint venture.
2016 year-end deliveries for Airbus and Boeing; airline traffic by region, traffic at key worldwide airports; airline financials; aircraft value projections.
Latvian carrier airBaltic plans to launch 4X-weekly Riga-Abu Dhabi Bombardier CS300 service beginning Oct. 29, in cooperation with Etihad Airways, the Riga-based carrier announced Feb. 24.
Los Angeles-based commercial aircraft lessor Air Lease Corp. (ALC) posted a 2016 net profit of $374.9 million, up 48% from $253.4 million net income in 2015.
Chinese airlines are rapidly increasing flights to the Philippines following the relaxing of visa requirements between the two countries in October 2016.
Mexican low-cost carrier (LCC) Grupo Viva Aerobus posted a 2016 net profit of MXP765.8 million ($37 million), a 69.2% increase over the company’s MXP452.7 million 2015 net income.
Atlas Air Worldwide Holdings earned a 2016 net profit of $41.5 million, a nearly six-times increase over net income of $7.3 million in 2015, though the 2015 results are skewed by one-time charges related to settling class-action litigation.
Qantas reported a consolidated net profit of A$515 million ($372.1 million) for the first half of its FY2017 (July-December 2016), down 25.1% from A$688 million in the first half of FY2016.
Low-cost carrier (LCC) Norwegian has unveiled new routes from five cities in the UK and Ireland to US destinations, starting in June, as it continues its rapid expansion.