Korean Air fell to a net loss of KRW10 billion ($9.2 million) in the first quarter, with the decline largely attributed to exchange rate movements and higher costs.
In its third version this week of what was agreed between the U.S. and the United Arab Emirates (UAE) on their Open Skies aviation deal, the White House now says there is an “understanding” that UAE airlines have “no current plans” to add fifth freedom flights, but makes no mention of a routes freeze.
A bipartisan group of U.S. senators on the Senate Homeland Security and Governmental Affairs Committee has introduced legislation to expand the federal government’s powers to act against drones deemed threatening to the public.
The European Union (EU) and the U.S. are moving closer to a long-awaited agreement to remove time limits from wet-leasing contracts after the European Council gave the European Commission the green light to negotiate with its U.S. counterpart.
PARIS–The European Aviation Safety Agency (EASA) has published a safety information bulletin highlighting the issue of dark-colored aircraft not being recognized by advanced visual docking guidance systems (A-VDGS).
Air Canada, citing market conditions, does not plan to exercise options it holds for Boeing 787s, CFO Michael Rousseau said at a recent industry event.
WASHINGTON—FAA and the European Aviation Safety Agency (EASA), acting on manufacturer CFM International’s recommendations, have mandated a tighter timeline for initial inspections of higher-time CFM56-7B fan blades.
Singapore Airlines (SIA) more than doubled its net profit for its financial year ended March 31, 2018, as robust revenue growth managed to offset continued yield weakness and rising fuel costs.
French air traffic controller union SNCTA is calling for an increase in hiring, asserting that past political decisions have led to a discrepancy between traffic growth and a stagnating controller headcount.
Dominican Republic-based startup Dominican Wings is rebranding as Flycana and will be the first LCC in the Caribbean, according to owner and founder Victor Pacheco.
After an initial delay, WestJet is poised to launch its first capacity-purchase agreement (CPA) next month, the first of what are expected to be several deals that will expand the carrier's network into smaller communities.
Aerospace fasteners and machined parts provider Wesco Aircraft, which also provides supply chain management services, has unveiled a business turnaround plan that includes management and plant cuts, investment in automation for inventory management and office administration, and other business focus changes.
UTC Aerospace Systems (UTAS), broadening its reach into data-driven flight operations and maintenance services, rolled out an updated data-management offering centered around the company’s Aircraft Interface Device (AID).
United Airlines and Alaska Airlines will test “paired approaches” to parallel runways using automatic dependent surveillance-broadcast (ADS-B) In flight deck displays to guide pilots, an FAA official said.
Lufthansa Group subsidiary Austrian Airlines does not have strong enough finances to renew its long-haul fleet in the near future, Lufthansa CEO Carsten Spohr told Aviation Daily sister publication ATW.
UK air navigation service provider (ANSP) NATS became the fifth ANSP to take an equity stake in Aireon, the space-based aircraft surveillance provider that is expected to begin live operations of some of its services later this year.
APiJET, a newly announced joint venture between winglet specialist Aviation Partners and aerospace data processing company iJET Technologies, is introducing a real-time data and health monitoring system that can be tailored to suit specific airline needs across fleets of varied types and ages.
New Austrian carrier LaudaMotion will postpone its plan to operate from Zurich, as the carrier will not have enough aircraft available, a spokesperson confirmed to Aviation Daily sister publication ATW.
A strong summer-season demand environment has U.S. majors holding steady on capacity plans even as fuel continues to rise, with likely—and some say needed—reductions expected to come in time for the winter season.
United Airlines, broadening its focus on boosting hub flow, is adding flights on 17 routes out of Newark, New Jersey (EWR) and shifting some regional-jet routes to its Washington Dulles (IAD) gateway as part of its winter schedule.
Boeing is confident assembly of wings for the initial batch of ground and flight test 777Xs will be completed on schedule from this summer onward, despite delays and production challenges associated with the new aircraft’s all-composite wing.
In what appears to be a divergence from the terms of the diplomatic understanding the U.S. and United Arab Emirates (UAE) reached over their Open Skies agreement, a top White House official told industry stakeholders there is a freeze on adding routes to the U.S.
