HEICO’s Flight Support Group completed acquisition of 80% of the equity of Aeroworks International Holdings and expects the acquisition to be accretive to earnings within the first year after closing.
AFI KLM E&M and GOL Linhas Aéreas Inteligentes have signed an exclusive, long-term strategic partnership agreement to strengthen commercial and MRO cooperation.
VivaAerobus will equip its 52 Airbus A320s with data-acquisition, aircraft-condition monitoring and wireless data-transfer solutions from Teledyne Controls.
US airlines ranked by mishandled baggage reports per 1,000 passengers, lowest to highest; contrasted with reports from the previous month, and the year-ago month.
US Airlines ranked by complaints per 100,000 passengers, lowest to highest; contrasted with complaint rankings from the previous month, and the year-ago month.
Analysis of radar data shows that Indonesia AirAsia flight QZ8501 climbed at the extraordinarily fast rate of 6,000 feet per minute before crashing into the Java Sea Dec. 28, Indonesia transportation minister Ignasius Jonan said.
Delta Air Lines reported 2014 net income of $659 million, down 94% from a $10.54 billion net profit in 2013, although the 2014 result reflects a significant special charge related to fuel hedging while the 2013 result included a huge tax valuation gain.
Chinese carriers reported a collective net loss of CNY800 million ($130.3 million) in December, improved from a net loss of CNY2.1 billion in the year-ago month.
United Aircraft Corp. (UAC) has named Russia’s Deputy Industry and Trade Minister Yury Slusar as president, not general director, as announced last week.
Singapore Airlines (SIA) will cut as many as 90 captains over age 62, which is in line with new retirement criteria to alleviate staff surplus, as the carrier faces increasing costs and strong regional competition.
Compiliation of over 375 active aircraft types currently operating in the Africa-Middle East region, as of January 16, 2015. Source: Penton- Aviation Week Intelligence Network Fleets and ATW research.
The US Department of Transportation (DOT) said it will start a route case proceeding for slots at Tokyo’s Haneda Airport, handing a victory to American Airlines and Hawaiian Airlines.
As it prepares to add four Boeing 767-300ER aircraft later this year, Calgary-based WestJet cautions it is only “dipping a toe in the widebody waters” as it tests whether it wants to expand its international network.