Dubai-based budget carrier Flydubai has signed an agreement with five regional and international banks for $228 million to finance six new Boeing 737-800 aircraft.
While recent trends of strong air travel demand continue, IATA has reported a “slight slowdown” in global passenger traffic in September, with overall RPKs rising 5.5% year-over-year and capacity increasing 5.3%, delivering a total market load factor of 80.3%.
The US government has released key documents laying out the path to integration of unmanned aircraft in national airspace, but achieving the goals will require “predictable and reliable” funding for the NextGen airspace modernization program, FAA Administrator Michael Huerta cautioned Thursday.
Republic Airways Holdings—parent of US carriers Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America—has reported a third-quarter net loss of $13.8 million, reversed from a $25.8 million net income in the year-ago quarter.
The European Commission (EC) has opened an in-depth investigation to assess whether a €200 million ($270 million) government aid package for state-owned LOT Polish Airlines complies with European Union (EU) rules.
Air New Zealand CEO Christopher Luxon has confirmed its first Boeing 787-9 route will be between Auckland and Perth in Western Australia when the airline takes delivery of the aircraft next year.
Aer Lingus CEO Christoph Mueller has warned that European carriers would be forced to cease their Asian services within 24 months if Gulf carriers are able to secure more liberal traffic rights.
GE Aviation has signed an agreement to purchase cellulosic synthetic biofuel from the Washington DC-based D’Arcinoff Group, to be used for production and development testing of GE jet engines.
Boeing, the leadership of the company’s largest union and Washington state governor Jay Inslee have tentatively agreed on a range of terms under which the 777X will be built at Boeing Commercial Airplanes’ manufacturing facilities in the Seattle area.
The Russian administration is deciding which regional turboprop—the Bombardier Q400 or the ATR 42/72—will be assembled in Ulyanovsk before the end of the year.
Japan Airlines (JAL) is “very disappointed” about last month’s announcement by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) that it had been awarded only five of 16 additional slots at Tokyo Haneda Airport.
SkyWest Inc., the parent of St. George, Utah-based SkyWest Airlines and Atlanta-based ExpressJet Airlines, has reported a third-quarter net profit of $26.4 million, up 26.1% from the year-ago quarter’s net income of $20.9 million.
Shanghai-based Juneyao Airlines is planning to launch a Guangzhou-based low-cost carrier (LCC)—initially to be named Jiuyuan Airlines—to tap into the labor market in the Pearl River region.
Flybe non-executive chairman Jim French has stepped down effective immediately, completing a total management overhaul at Europe’s largest regional airline.
