International Airlines Group (IAG), parent company of Iberia and British Airways, has secured firm orders and options for up to 220 Airbus A320 family short-haul aircraft.
Russia’s Ministry of Industry and Trade will postpone the financing of Sukhoi Civil Aircraft Co.’s SuperJet New Generation (SSJ NG) program until 2016, RIA Novosti reported, quoting deputy minister Yuri Slysar.
Brazilian low-cost carrier GOL posted a second-quarter net loss of BRL433 million ($193.6 million), narrowed from a net loss of BRL715.1 million in the year-ago quarter.
American Airlines and US Airways have vowed to “fight” the US Department of Justice’s (DOJ) effort to derail their planned mega-merger over antitrust concerns, saying the proposed combination of the two carriers is “pro-competitive” and good for consumers.
In an unexpected development, the US Department of Justice (DOJ) has moved to block the planned US Airways-American Airlines merger, saying the combination “would result in hundreds of millions of dollars of harm to American consumers.”
Fledgling Dutch airline Maastricht Airlines—which planned to launch flights in March using two Fokker 50 turboprops—is seeking to reinvent itself after its initial attempt to get off the ground stalled.
Copa Holdings, parent company of Panama-based Copa Airlines and Copa Airlines Colombia, posted second-quarter net income of $74.4 million, jumping 132.6% over the year-ago quarter’s net profit of $32 million.
Austrian-based low-cost carrier (LCC) FlyNiki, an Air Berlin partner, has postponed plans to transfer its seven Embraer E-190s to Air Berlin’s regional partner LGW.
