Japan’s Skymark Airlines creditors have approved a rehabilitation plan that will see All Nippon Airways (ANA) take a minority stake in the carrier, rejecting a rival plan that included Delta Air Lines.
Two UK regional carriers—Aberdeen-based bmi regional and Glasgow-based Loganair—will now be grouped under new holding company Airline Investments Limited (AIL).
The European Regions Airline Association (ERA) is calling for urgent safeguards against drones that pose “a significant threat to European airspace” and need “better regulation and control.”
Sharjah-based low-cost carrier (LCC) Air Arabia reported a first-half net profit of AED237 million ($64.5 million), down 4% compared to the same period last year.
Australia has admitted that a drift model initially used to determine the best areas to search for wreckage from missing MH370, a Boeing 777-200, was wrong.
El Al Israel Airlines has signed an agreement with Boeing to purchase and lease up to 15 787 Dreamliners, with purchase rights for 13 additional aircraft.
Lessors will reap the early benefits of the anticipated re-fleeting of Iran’s airlines if Western sanctions against the western Asian country are removed, Irish lessor Avolon said Wednesday.
The European Commission has begun an in-depth investigation to assess whether the proposed acquisition of Netherlands-based TNT Express by US-based FedEx Corp. is in line with European Union merger regulations.
Malaysia’s prime minister has confirmed that the piece of aircraft wing discovered on Reunion Island last week is from flight MH370, the Malaysia Airlines Boeing 777-200 that disappeared last year.
Myanmar flag carrier Myanmar National Airlines has taken delivery of the first of six ATR 72-600s as part of a $296 million order for the regional turboprop aircraft.
Singapore Airlines’ (SIA) low-cost carrier (LCC) subsidiary Scoot will take over the 4X-weekly Hangzhou route, which currently served by its regional affiliate SilkAir, from Oct. 25.
Qingdao Airlines is expected to sell its 25% stake owned by Qingdao Transport Development Group for CNY251 million ($40.4 million) in an effort to become fully privatized.
Air travel to and from Greece has been heavily affected as air traffic controllers went on a four-hour strike Aug. 5 at the height of the European summer tourism season.
US exports made possible through Open Skies agreements will contribute $900 billion and 347,000 jobs to the US economy, according to a study commissioned by FedEx to support its opposition to the anti-Gulf carrier campaign headed by American Airlines, Delta Air Lines and United Airlines.
