Ankara-based Turkish Aerospace Industries (TAI) is on a drive to increase revenues substantially and grow its international presence under new president and CEO Temel Kotil who leads the company after leaving his position as CEO of Turkish Airlines.
Lufthansa Group is aiming to offer passengers service “personalized on a silver tray” by utilizing “predictive analytics” to determine what offerings individual customers want, a senior executive said.
Tigerair Australia has decided to pull out of the Bali, Indonesia, market in response to the latest twist in a regulatory wrangle with the Indonesian government.
SkyWest Inc., the St. George, Utah-based parent of regional carriers SkyWest Airlines and ExpressJet Airlines, posted a $161.6 million net loss for the full-year 2016, reversed from a $117.8 million net profit in 2015.
The new commercial partnership announced this week between Etihad and Lufthansa is seen by senior executives of both groups as a first-step towards a deeper relationship.
Mitsubishi Aircraft Corp. parent company Mitsubishi Heavy Industries (MHI) has installed two of its executives at the top of the leadership structure of its subsidiary producing the MRJ, the Japanese regional jet that has been beset by multiple program delays.
Worldwide air passenger traffic increased an overall 6.3% in 2016, as passengers wary of traveling in the first half of the year pushed demand to a nearly 9% annual growth pace between June and December, according to IATA’s full-year Air Passenger Market Analysis.
The three US network carriers wasted no time after US Secretary of State Rex Tillerson’s confirmation before asking him to review the Open Skies policy and the subsidies they allege Gulf carriers illegally get from their national governments.
Icelandair is expecting to report a full-year EBITDA at the top end of its $210-$220 million revised guidance, but has warned that EBITDA will drop to $140-$150 million in 2017 because of volatile market conditions.
The UK government has told London Heathrow Airport to improve domestic connectivity and offset the social impact of its planned third runway as part of a bid to secure planning permission.
Central and Eastern European low-cost carrier (LCC) Wizz Air is considering whether it should set up a UK air operator’s certificate (AOC) in the wake of the UK’s decision to leave the European Union (EU) (Brexit).
Central and Eastern European low-cost carrier (LCC) Wizz Air lowered its full-year profit guidance by €20 million ($21.5 million) following a third-quarter profit drop by more than 20%.
Global air freight traffic increased an overall 3.8% in 2016, rebounding in the second half and nearly doubling the industry’s average growth rate of 2% over the last five years, according to IATA’s latest Air Freight Market Analysis.
Dallas/Fort Worth-based American Airlines is calling for the US Department of Transportation (DOT) not to renew Air China’s route authority for a Beijing-Houston flight until the Civil Aviation Administration of China (CAAC) gives American slots for its planned Los Angeles-Beijing flights.
Bombardier and Irish regional CityJet finalized a conditional purchase agreement for six CRJ900s plus four options, which was previously announced Jan. 24.
SAS Scandinavian Airlines’ focus on frequent travelers appears to be paying off, but more needs to be done to cut costs in an increasingly competitive environment, according to president and CEO Rickard Gustafson.
