International Airlines Group (IAG) will firm up eight Airbus A350-900 options for Iberia, along with eight A330-200s that will come from existing options or be sourced on operating lease.
International Airlines Group (IAG), parent company of Iberia and British Airways, reported second-quarter net income of €280 million ($375 million), more than doubled from a €127 million profit in the year-ago period, marking the best second quarter results for all of the IAG carriers since 2007.
Ireland’s director general of civil aviation is the latest high-ranking official to throw his support behind Norwegian Air International’s (NAI) struggle to secure a foreign air carrier permit from the US Department of Transportation (DOT).
Japan’s All Nippon Airways (ANA)—which announced last year it would invest $25 million in Myanmar’s Asian Wings Airways (AWA) for a 49% stake—has pulled back from the deal.
More intense competition and careful airline aftermarket spending helped Lufthansa Technik’s (LHT) year-over-year sales fall in the second quarter, breaking a one-year streak of quarterly growth.
Premium passenger traffic worldwide grew 6.5% year-over-year in May, exceeding April’s 3.8% growth performance and besting May 2013’s premium travel growth rate by 4.5 points, according to IATA’s May Premium Traffic Monitor.
Embraer had a difficult decision to make last year. The Brazilian manufacturer’s E-Jet program was nearing a decade in service, having first flown in 2004. While the program had been widely regarded as a major success, Embraer knew that newly available commercial aircraft engines were offering leaps in fuel efficiency and rival aircraft manufacturers were rolling out new or re-engined aircraft.
In February the US Government Accountability Office (GAO) produced a study titled “Current and Future Availability of Airline Pilots.” In the study’s summary of findings, it reported, “As airlines have recently started hiring, nearly all of the regional airlines that GAO interviewed reported difficulties finding sufficient numbers of qualified entry-level first officers.”
Malaysia Airlines is struggling to cope with the aftermath of the shooting down of its Boeing 777-200 aircraft 9M-MRD, operating flight MH17 out of Amsterdam’s Schiphol Airport July17.
As the world’s largest operator of Airbus A380s and Boeing 777s, as well as a launch customer for the Boeing 777X, Dubai-based Emirates Airline holds a power in the widebody aircraft market like no other. Shock waves ran through the industry when Emirates announced in June it was canceling its order for 70 Airbus A350 XWBs.
Virgin Atlantic revealed plans in June for a wider roll-out of Google Glass following its London Heathrow trial, but its partner SITA remains unconvinced after a further road test with Copenhagen Airport.
From a startup in 1989, Ameco Beijing—a joint venture between Air China and Lufthansa—has grown to become China’s largest MRO provider with more than 6,000 employees, almost 100 customers worldwide, and revenues of $500 million.
After much deliberation and market analysis, Airbus has forged ahead with a full launch of the A330neo, extending the re-engined concept to its widebody offering and saying it sees a market for 1,100 aircraft.
All Nippon Airways (ANA) has firmed up its order for seven Airbus A320neos, 23 A321neos, 20 Boeing 777-9Xs, 14 787-9s and six 777-300ERs, which will be used for its short- and long-haul fleet renewal.
Bombardier has received a firm order for five Q400 NextGen turboprop aircraft, in an order valued at approximately $168 million based on current list prices.
Lufthansa Group subsidiary Austrian Airlines has posted a second-quarter operating profit of €10 million ($13.4 million), down 52% compared with a €21 million operating profit in the year-ago quarter.
