The European Union (EU) on Oct. 13 formally appealed a World Trade Organization (WTO) ruling issued in September that states sponsors of Toulouse-based Airbus Group did not properly remove illegal subsidies for building large civil aircraft.
Delta Air Lines reported a third-quarter 2016 net profit of $1.26 billion, down 4% from net income of $1.32 billion in the 2015 September quarter, as revenue dropped 6% year-over-year to $10.48 billion.
Financial results to-date for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the second quarter of 2016.
Embraer Commercial Aviation has predicted Europe and the Commonwealth of Independent States (CIS) will need 1,540 new aircraft in the 70- to 130-seat jet segment, valued at $80 billion at list prices, over the next 20 years.
The Federal Air Transport Agency of the Russian Federation has validated type certificates for Embraer’s E170 and E175 jets, paving the way for Russian airlines to acquire the two aircraft types.
ATR CEO Patrick de Castelbajac is to become Airbus corporate secretary and chief of staff after he hands over his current role to Christian Scherer in November.
Binter Canarias, which operates regional services between Spain’s Canary Islands, has placed an order for six 72-seat ATR 72-600s valued at $160 million at list prices.
UK carrier Monarch Airlines announced Oct. 12 it has received a £165 million ($203 million) injection from majority shareholder, Greybull Capital, on the deadline set by UK regulator Civil Aviation Authority to have fresh funding in place.
Richard Anderson has retired as executive chairman of Delta Air Lines’ board of directors, departing from the Atlanta-based airline on which he left an indelible mark over the last nine years.
FAA has proposed a $78,000 civil penalty against Seattle-based Amazon for allegedly violating US hazardous materials regulations, the fourth time this year FAA has alleged the online retail giant has violated hazmat rules.
Swiss International Air Lines (SWISS) plans to implement the iStream concept, a new procedure to optimize the wave of early-morning arrivals at Zurich Airport, following a successful 12-month trial.
New Omani low-cost carrier (LCC) SalamAir will begin its operational life with Airbus A320s, rather than the previously mooted Boeing 737s, the airline said Oct. 11.
Turboprop manufacturer ATR CEO Patrick de Castelbajac has confirmed he is leaving and will be succeeded by senior Airbus Group executive Christian Scherer.
Southwest Airlines and the Aircraft Mechanics Fraternal Association (AMFA) have approved a tentative agreement for the Dallas-based carrier’s more than 200 aircraft appearance technicians, the group primarily responsible for aircraft detailing and appearance care services.
