The Australian Air Transport Safety Board (ATSB) has said aircraft wreckage recently washed up on the shores of the Indian Ocean has been categorized as “not from MH370.”
Bombardier and the government of Québec have signed a “definitive agreement” under which Investissement Québec will invest $1 billion in the CSeries program in return for a 49.5% stake.
International Airlines Group (IAG) CEO Willie Walsh believes airline alliances would not exist if the aviation industry was not so restricted by ownership controls.
Memphis-based FedEx Corp. has converted six Boeing 767-300 freighter options to firm orders for delivery to its FedEx Express unit between June 1, 2019 and May 31, 2020.
Airport freight traffic in metric tonnes for 2016 year-to-date, organized by world regions. Year-over-year percentage changes provided by Airports Council International.
Las Vegas-based low-cost carrier Allegiant Air and its pilots, represented by the International Brotherhood of Teamsters, have reached a tentative contract agreement, after more than three years of negotiations.
Russia’s Volga-Dnepr Technics Moscow, an MRO branch of Volga-Dnepr Group, has been awarded a Russian Federal Aviation Regulations (FAR) 285 certificate to perform maintenance on Sukhoi Superjet 100 (SSJ100) aircraft.
The lack of air connectivity among the islands of the Caribbean remains one of the tallest barriers to unlocking the full potential of the region’s tourism market, the head of the Latin American and Caribbean Air Transport Association (ALTA) told ATW’s sister publication Aviation Daily.
Chinese conglomerate HNA Group, which has recently acquired a number of aviation businesses, is open to further purchases as it seeks to become a global Fortune 100 company.
Kazakhstan flag carrier Air Astana is eyeing a double listing for an initial public offering (IPO) in 2018, with one in Kazakhstan and one in London, Hong Kong or Singapore.
The Indian government has announced it will relax previous restrictions on foreign direct investment (FDI) rules, allowing up to 100% investment by overseas businesses into Indian carriers, up from an existing maximum of 49%.
Strike action planned by Air France pilots for June 24-27 has been canceled, although a national strike could still disrupt air traffic control services on June 23.
Belgian regional VLM Airlines has confirmed it has filed for bankruptcy. “All flights are canceled with immediate effect,” VLM said in a statement June 22.
FAA has issued operating regulations for small unmanned aerial vehicles (UAVs) used for routine commercial purposes, paving the way for widespread commercial drone operations in the US starting later this year.
Passenger traffic in Latin America is expected to grow between 5%-10% per year over the next 10 years, but this growth could be hampered by lack of government investment in infrastructure, air traffic control systems and airports, industry leaders said at the ALTA Pan American Aviation Safety Summit.
Boeing acknowledged Tuesday that Iran Air has signed a letter of intent to order airliners, confirming the US manufacturer intends to challenge Airbus vigorously in the politically sensitive, but potentially lucrative Middle Eastern market.
