Donghai Airlines plans to launch an initial public offering (IPO) in May of 2016 on the Shanghai Stock Exchange in an effort to fund its rapid fleet expansion.
The global airline industry is on a path toward financial sustainability, but will need to become more efficient and use new processes if it is to cope with the forecast doubling of passengers carried annually in 20 years, the head of IATA warned Tuesday.
Atlasjet Ukraine and UTair Ukraine airlines have asked Russia’s Federal Air Transport Agency, Rosaviatsia, for permission to launch services between Russia and Ukraine in IATA winter season 2015/2016.
The need for installed IFE systems onboard airliners will disappear as personal smart devices proliferate and connectivity services broaden, the head of Qatar Airways believes.
Hawaiian Airlines parent Hawaiian Holdings reported a third-quarter net profit of $70 million, nearly doubling net income of $35.6 million in the 2014 September quarter.
Singapore Airlines (SIA) group is consolidating its network among its subsidiaries, with long-haul low-cost offshoot Scoot adding one of its Boeing 787s to an existing Tigerair schedule to Guangzhou, China.
AirBaltic CEO Martin Gauss has sought reassurance from Bombardier on the future of the CSeries program following the breakdown of partnership talks between Airbus and Bombardier.
United Airlines parent United Continental Holdings has named EVP and general counsel Brett Hart acting CEO following president and CEO Oscar Munoz’s heart attack.
Austrian Airlines is expanding services into North America and is considering adding a US Customs and Border Protection (CBP) preclearance facility to its base at Vienna International Airport, Austrian CCO Andreas Otto told ATW in Miami.
The rate of change in scheduled passenger airline full-time equivalent employment by airline group, displayed as year-over-year percentage growth or losses. Differential changes for each of the last 13 months are shown.
FAA will create a task force to develop recommendations for a registration process for unmanned aircraft vehicles (UAVs), US Transportation Secretary Anthony Foxx and FAA Administrator Michael Huerta announced Monday.
Investment firm Platinum Equity has completed its acquisition of Worldwide Flight Services (WFS), the world's largest cargo handler, from LBO France for an undisclosed sum.
United Airlines announced on Monday it will “conclude the corporate governance process necessitated by the hospitalization of president and CEO Oscar Munoz.”
Singapore-based BOC Aviation is to sell 24 aircraft—two Boeing 777s, two Airbus A330s, 11 A320 family aircraft, seven 737NGs and two Embraer E190s—to Shenton Aircraft Investment.
Papua New Guinea flag carrier Air Niugini is to add seven former KLM Fokker 70 aircraft to its fleet, building on one existing former KLM Fokker 70 that it took in October 2014.
