Airspace congestion could potentially cost the Arabian Gulf region as much as $16.3 billion in economic benefits over the next 10 years if bottlenecks are not addressed.
SAS Scandinavian Airlines has reported a net profit of SEK439 million ($52 million) for the first nine months of its financial year, reversed from a net loss of SEK416 million for the year-ago period.
Airbus has secured European Aviation Safety Agency (EASA) certification for its longer-range Airbus A330-200 and has started production of its first A330neo.
French officials have confirmed that the piece of aircraft wreckage discovered on Reunion Island is from the missing Malaysia Airlines Boeing 777-200, MH370.
European airlines need more support from their governments in a fast-changing world where now-privatized carriers are competing with state-owned airlines, Lufthansa Group’s top executive said.
Delta Air Lines considers majority state-owned Chinese airlines to be “totally different” than state-owned Middle East carriers, according to a Delta lawyer.
Air France is considering establishing a long-haul, low-cost subsidiary as part of its ongoing plans to stabilize and improve its financial performance.
AirAsia’s Thai affiliate has confirmed plans to launch first flights from Thailand’s U-Tapao International Airport, which is set to become the growing airline’s fifth base.
In a move that could put regional carrier Republic Airways on a path to filing for bankruptcy, The International Brotherhood of Teamsters (IBT) will not allow pilots at Republic Airways to vote on the company’s last-best-and-final contract offer, a union leader said.
Juneyao Airlines reported a 2015 first-half net profit of CNY517.7 million ($84.5 million, nearly tripled from a net income of CNY195.3 million in the year-ago period.