A J Walter Aviation (AJW) has been selected by Southern Air Inc. of Kentucky to provide power-by-the-hour support for its fleet of four Boeing 747 and four 777s.
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Extensive testing on lithium ion batteries during the 787 certification process led Boeing to believe that “significant overcharging” was the only occurrence that would cause the batteries to vent fire, according to a senior Boeing executive.
US Airways has posted a record net profit for the 2013 first quarter and said its planned merger with American Airlines is on track to be completed in the third quarter.
International Airlines Group (IAG) will own 90.51% of Spanish carrier Vueling after the majority of the Barcelona-based carrier’s shareholders agreed to the deal.
Oneworld carrier Finnair has raised €53 million ($69.2 million) from the disposal of its entire 4.69% stake in Norwegian Air Shuttle, which it has held since 2007.
Delta Air Lines reported first-quarter net income of $7 million, down 94% from a net profit of $124 million in the year-ago period, on a 1% year-over-year rise in revenue to $8.5 billion.
News from Travel Technology Update: Travelport’s Airline Merchandising Platform, unveiled at the CAPA Airlines in Transition conference near Dublin, was designed to “meet airlines wherever they are” in the merchandising universe, according to Derek Sharp, managing director of global distribution and sales.
Latvian carrier Air Baltic has narrowed its full-year net loss to LVL19 million ($35.3 million) in 2012, marking a 77% improvement from a LVL85 million loss in 2011.
Boeing Canada Winnipeg plans to increase its Murray Park Road manufacturing site by more than 22%, primarily to house new composites work for the 737 MAX.
International Airline Group (IAG), parent company of British Airways and Iberia, has signed a memorandum of understanding (MOU) with Airbus for 18 A350-1000s, plus 18 options.
Kigali’s RwandAir has signed a firm purchase agreement for one Bombardier Q400 NextGen turboprop airliner, in an order valued at approximately $33 million based on list prices.
Lufthansa canceled nearly 1,700 flights Monday after Verdi union called for ground workers to strike after rejecting the airline’s latest contract offer.
A two-day strike by El Al Israel Airlines workers in protest of a newly approved Israel-European Union open skies accord ended Monday after the Israeli government agreed to cover nearly all of the airline’s security costs.
Air Canada estimated it will incur a net loss of C$260 million ($253.4 million) for the first quarter, slightly narrowed from a net deficit of C$274 million in the 2012 first quarter, in preliminary results released Monday.
