IATA’s global air freight report for August conveys “continued modest improvements,” with air cargo growth up 3.6% year-over-year, an improvement on July’s 1.1% year-over-year growth.
[CORRECTED STORY FROM OCT. 1] Garuda Indonesia and regional aircraft lessor Nordic Aviation Capital (NAC) have been revealed as the previously undisclosed customers for 25 ATR 72-600s, plus 10 options.
An article posted Oct. 1 on ATWonline.com and in the ATW Daily News incorrectly stated that regional aircraft lessor Nordic Aviation Capital (NAC) has placed a new, firm order for 25 ATR 72-600s, plus 10 options.
Airports Council International-North America (ACI-NA) continued to press Congress to raise the Passenger Facility Charge (PFC) cap at the organization’s annual Conference and Exhibition in San Jose, Calif., last week.
Dubai’s booming air transport sector must be balanced with environmental concerns, Dubai Civil Aviation Authority (DCAA) director-standards and regulations Khalid Al Arif has said.
AAR earned $18 million on $515 million of sales in the first quarter of its fiscal 2014, about the same income as it netted on more revenue in the same quarter of the year prior.
Airbus will expand its joint venture maintenance unit, Sepang Aircraft Engineering (SAE), and establish a new Airbus customer services center in Malaysia.
American Airlines and US Airways won two victories Tuesday in their battle against the US Department of Justice (DOJ) over the carriers’ proposed merger: another attempt by DOJ to delay the trial was rejected and the Texas attorney general withdrew from DOJ’s lawsuit.
More than 15,500 FAA employees—about a third of the agency’s staff—are facing immediate furloughs owing to the partial shutdown of the US government that started Tuesday.
Regional aircraft lessor Nordic Aviation Capital (NAC) has placed a firm order for 25 ATR 72-600s, plus 10 options, valued at more than $840 million at current list prices.
Republic Airways Holdings has entered into a definitive agreement to sell Denver-based Frontier Airlines to Indigo Partners, which is led by former Spirit Airlines chairman Bill Franke.
Fastjet’s Tanzanian low-cost operation has posted a $13.3 million trading loss for the six months ended June 30, contributing to a $39.5 million operating loss at group level.
