ST Aerospace took in S$479 million ($390 million) in revenue in the first quarter, up 5% from the same quarter of 2012, but down 15% from the December quarter of last year.
[UPDATED] As Calgary-based WestJet announced its “best ever quarterly earnings for the third consecutive quarter,” it entered into an agreement with Boeing to purchase 10 737-800 NextGen aircraft in 2014 and 2015.
The US National Transportation Safety Board (NTSB) has contracted Chesapeake Defense Services to conduct a new round of computed tomography (CT) scans of “aircraft batteries, aircraft battery cells, and other aircraft battery-related components used on Boeing 787 aircraft.”
Hainan Airlines plans to rebrand its subsidiary West Air as a domestic low-cost carrier (LCC) to be better positioned in the West China market, according to Hainan president Wang Yingming.
Rolls-Royce has appointed Tony Wood to be the next president of its Aerospace division, replacing Mark King, who has resigned after four months in the role.
Russia’s Federal Air Transport Agency, Rosaviatsia, has delayed its decision to renew Red Wings’ air operator’s certificate (AOC) until the middle of May.
SAS Scandinavian Airlines has agreed to sell 80% of its shares in regional subsidiary Widerøe to a group of Norwegian investors for approximately SEK2 billion ($307 million) as part of its ongoing efforts to cut costs and return to profitability.
Lufthansa said it would stand by former CEO Wolfgang Mayrhuber just hours after he withdrew his candidacy to become Deutsche Lufthansa AG supervisory board chairman.
In a move to bring Indian air fare structures in line with most of the world, the Directorate General of Civil Aviation (DGCA) is allowing carriers to unbundle their fares and services.
Polar Air Cargo and Atlas Air parent Atlas Air Worldwide Holdings earned first-quarter net income of $20.1 million, up 57% over a net profit of $12.8 million in the year-ago period, on a 5% rise in revenue to $377.3 million.
IATA’s Operations Committee (OPC) has identified air traffic management (ATM) capacity and efficiency improvements as well as harmonizing safety regulation as priority areas for the association.
Shoreham-based carrier Brighton City Airways has been forced to suspend its recently launched services to Paris Pontoise due to lack of customs and immigration facilities at the French airport.
The much-delayed opening of the Berlin Brandenburg Airport costs an additional €35 million-€40 million ($46 million-$52.4 million) per month, the German newspaper Handelsblatt reported.
Just hours after Lufthansa’s former CEO Wolfgang Mayrhuber withdrew his candidacy to become Deutsche Lufthansa AG supervisory board chairman, Lufthansa announced it would stand by him.
