Air Canada has signed a letter of intent (LOI) with Canadian cargo airline Cargojet “to explore strategic opportunities” both within Canada and internationally.
UK pension fund Universities Superannuation Scheme (USS), one of the largest pension schemes in the UK, is set to acquire a 49.9% non-controlling stake in The Airline Group, which is a 41.9% shareholder in UK air navigation services provider NATS.
Olumuyiwa Benard Aliu of Nigeria has been elected as the fifth president of the ICAO Council to replace Roberto Kobeh González at the beginning of next year.
Dublin-based jet engine overhaul facility Lufthansa Technik Airmotive Ireland (LTAI) is considering shutting down due to declining revenues and shrinking international market opportunities.
Premium air travel growth slowed in September, with overall international premium traffic increasing 3.3% year-over-year, but weakening compared to August’s 8.6% surge, according to IATA’s September Premium Traffic Monitor.
Hong Kong Aircraft Engineering Co. (HAECO) subsidiary Taikoo (Xiamen) Aircraft Engineering Co. (TAECO) recently completed its first Boeing 757-200 converted freighter for Air China Cargo.
ATR will apply the engine technology of its proposed 90-seat large turboprop [LTP] to its existing ATR 42-600 and ATR 72-600 variants via a new engine family, if it secures shareholder approval for the larger aircraft.
Bombardier Aerospace today at the Dubai Air Show launched an extra capacity seating configuration option for the Q400 NextGen that adds up to 14 more seats to accommodate up to 86 passengers.
Ethiopian Airlines will expand its Bombardier Q400 fleet from 13 to at least 26 aircraft by 2025, but could go further depending on the needs of its sister airlines.
The merger of Chile’s LAN Airlines and Brazil’s TAM, completed in June 2012 under the umbrella of LATAM Airlines Group, has been bumpy at times with resistance from some employees—including from within management ranks.
UK budget carrier easyJet has reported a record pre-tax profit of £478 million ($770.3 million) for the year ended Sept. 30, up 51% from £317 million in the previous year.
Russia’s Red Wings Airlines, which relaunched flights in June, has moved from Moscow Vnukovo to Domodedovo Airport and reopened scheduled flights to the Russian cities of Ufa, Yekaterinburg, Mineralnye Vody, Makhachkala and Krasnodar.
