Emirates Airline president Tim Clark has given a strong endorsement for continuing US Open Skies policy and said his airline has never received financial subsidies or bailouts.
Wizz Air is hoping to raise €150 million ($170.7 million) from a fresh initial public offering (IPO) attempt after aborting plans to float on the London Stock Exchange last June.
WestJet earned net income of C$284 million ($224 million) in 2014, up 5.7% over a net profit of C$268.7 million in 2013, and was in the black for the 39th quarter in a row in the fourth quarter.
Malaysia-based long-haul carrier (LCC) AirAsia X (AAX), which recently replaced its CEO on the back of ongoing low profits, has submitted a rights issue to raise MYR395 million ($110 million) in working capital.
Swiss International Air Lines (SWISS) subsidiary Swiss European Air Lines is changing its name to Swiss Global Air Lines, and will operate under the SWISS brand.
Rolls-Royce has launched a new strategic approach to customer care with the opening of its first of a network of customer service centers for large civilian engines.
Hong Kong Aircraft Engineering Co. (HAECO) Group has entered into a long-term agreement with Airbus to provide maintenance and engineering training in Mainland China and Southeast Asia.
AFI KLM E&M subsidiary Aero Maintenance Group (AMG) now has two units, Aero Technologies and Precision Electronics, which have received certification from the Agência Nacional de Aviação Civil (ANAC) allowing service to the Brazilian market.
ICAO will have to boost its budget by 3% to pay a Web-based information database to provide airlines, air navigation service providers and member states a source of safety information about the risks to flights over and within conflict zones.
Representatives of the European Regions Airline Association (ERA) believe the new European Commission (EC) lacks a vision for the continent’s airline industry.
US carriers continue to say they are not altering network and fleet plans in light of low oil prices, although the temptation to add capacity may prove too great if jet fuel prices don’t rise.
Mexican low-cost carrier (LCC) Volaris is “very focused” on the visiting friends and family (VFR) market, although it will not “say no” to more business traffic, Manuel Ambriz Lopez, manager of commercial strategy and network planning, said in an interview at the Routes Americas conference in Denver, Colorado.
FAA’s $15.83 billion budget request for Fiscal Year 2016 (FY16) seeks to patch holes created by chronic under-investment and the 2013 sequestration while funding what the agency calls a “continued, but measured” path forward.
