While the global airline industry is enjoying a rare sustained period of profitability, the earnings are being largely driven by North American airlines that emerged from major restructurings, according to Seabury Group chairman and CEO John Luth.
Vietnam Airlines is seeking up to a 20% equity investment from “strategic partners” and will sell off several existing older aircraft as part of a plan to upgrade its fleet and brand.
Rockwell Collins is putting an airliner flight tracking service on the market via ARINC, the communications and integration specialist it acquired in 2013.
The Industrial and Commercial Bank of China (ICBC) has placed a firm order for 30 Commercial Aircraft Corp. of China (COMAC) ARJ21-700 regional aircraft.
Middle Eastern carrier Oman Air CEO Paul Gregorowitsch said French protectionism could lead the state-owned carrier to order additional aircraft from Boeing instead of Airbus.
FlightSafety International has become the first FAR Part 142 training provider to be recognized by FAA for meeting its Safety Management System (SMS) requirements.
Global air passenger traffic increased 4.6% year-over-year (YOY) in January, slowing from December’s 6.1% YOY growth, according to IATA’s January Air Passenger Market Analysis report.
The new AirAsia X franchise in Indonesia has gained permission to operate to Australia, with safety regulators granting clearance more than two months after services were scheduled to begin.
Florida-based ultra-low-cost carrier (LCC) Spirit Airlines is confident it can compete effectively with Frontier Airlines in Atlanta while not taking too much share from Delta Air Lines, a Spirit executive told ATW.
Real Tonga airlines has grounded one of two China-made turboprops and will return it to the manufacturer in the wake of pressure from the New Zealand government.
The heads of Emirates Airline and Qatar Airways have strongly defended their airlines against allegations of large government subsidies leveled at them by the three big US carriers.
FAA has added Boeing South Carolina-built 787-9s to the company’s production certificate, PC 700, which allows the US-based manufacturer to produce and deliver the type from the facility.
