Airbus and its four home countries—France, Germany, Spain and the UK—have made changes to reimbursable launch investment loans that they believe will bring the aid in compliance with World Trade Organization (WTO) rules.
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JetBlue Airways, bolstering its top-level management, promoted Joanna Geraghty to president and COO and put her in charge of day-to-day operations, freeing up CEO Robin Hayes to focus on long-term strategy. Geraghty has been with JetBlue since 2005, most recently serving as EVP-customer experience.
Three U.S. NTSB members, in a 2-1 vote, ruled FAA’s emergency revocation of a Texas-based repair station’s certificate was justified, overturning an administrative law judge’s (ALJ) opinion that FAA over-reacted.
Irish LCC Ryanair’s net profit for its financial year ended March 31 rose 10% year-over-year (YOY) to €1.45 billion ($1.71 billion), delivering a 20% net margin, even after the carrier canceled thousands of flights in fall 2017.
Finnair CEO Pekka Vauramo is planning to step down by November to become CEO of Metso Corporation, a Finnish industrial machinery company that specializes in mining and related industries.
U.S. scheduled charter operator JetSuite is the launch customer for Zunum Aero’s hybrid-electric regional aircraft, which is scheduled for delivery beginning in 2022.
A reported 108 people were killed May 18 when a Cubana de Aviacion Boeing 737-201 crashed shortly after takeoff from Havana’s Jose Marti International Airport.
Peter W. Carter, Executive VP & Chief Legal Officer, Delta Air Lines
The foundation of President Trump’s presidential campaign was putting American jobs first and ensuring that our trade deals are fair and beneficial to all. A recent landmark agreement with the UAE, as well as a previous deal with Qatar, addressing unfair airline subsidies is a major step toward achieving that campaign promise.
Oman Air announced a new first-class “mini-suite” on its fleet of Boeing 787s, as it responds to new premium products from other Middle East airlines, such as Emirates Airline and Qatar Airways.
Fast-growing Budapest-based LCC Wizz Air is allocating two new Airbus A320s to its London Luton Airport-based fleet, accompanying the launch of two routes to Larnaca, Cyprus and Lviv, Ukraine.
Singapore Airlines (SIA) is taking another major step in streamlining its group structure, announcing plans to merge its SilkAir subsidiary into the core parent carrier.
Danish regional aircraft lessor Nordic Aviation Capital (NAC) has acquired all the aircraft owned by Aldus Aviation Fund (AAF), comprising 29 Embraer E-Jets.
Scandinavian Airlines (SAS) has launched high-speed Wi-Fi on its short- and medium-haul routes between Scandinavia and Europe, allowing passengers to start streaming and browse the internet once aircraft are airborne.
