The World Trade Organization’s (WTO) Appellate Body handed down a decision in the 14-year-old Airbus subsidy case that upheld previous rulings that launch aid on the A350 and A380 programs was improper, but also took enough alleged subsidies off the table to allow Airbus to claim a measure of victory.
An improvement in yield margins—after several years of shrinking margins in the Gulf region—helped LCC Air Arabia to post an 8% year-over-year (YOY) rise in net income to AED110 ($30 million) for the 2018 first quarter, compared to an AED102 million net profit for the same period a year ago.
Azul Brazilian Airlines is upbeat about long-term growth trends in Brazil and the positive contributions of its new Airbus A320neos, but rising fuel prices have it looking carefully at near-term capacity plans.
Bogata-based Avianca is in advanced negotiations with its aircraft vendors to “re-accommodate its existing aircraft open orders, especially those scheduled for delivery in 2020, 2021 and 2022,” according to CEO Hernán Rincón, indicating deliveries may be deferred three years.
All sides are claiming a “win” in the U.S.-United Arab Emirates (UAE) agreeement on the nations’ Open Skies aviation accord, but importantly the Open Skies treaty stays fully intact.
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Air Austral, a carrier specializing in flights from France to destinations in the Indian ocean, has inked a contract with Panasonic and startup Safety Line to use OptiClimb, a software program aimed at reducing fuel consumption during the climb phase.
WestJet’s premium-economy trial has paid off, convincing the carrier to launch a fleet-wide retrofit that will see new, larger two-by-two seats replacing the current three-by-three test configuration that uses a blocked middle seat.
Latvian aviation stakeholders have signed a memorandum of cooperation that will lead to the industry and government jointly creating an aviation strategy for 2019-25.
The continuing robust growth of the global airline industry provided Air Lease Corp. (ALC) with a 30% increase in its net income in the 2018 first quarter, despite the continuing problems caused by technical issues on several of the industry’s main engine types.
JetBlue Airways and its pilots’ union leadership have reached an agreement in principle on a new labor contract, according to the Air Line Pilots Association (ALPA).
The U.S. and United Arab Emirates (UAE) are set to announce a deal that addresses longstanding concerns over alleged subsidies for Emirates Airline and Etihad Airways, as well as fifth-freedom flying.
GE Aviation acquired a stake in aircraft data collection and transmission specialist Avionica, betting on the growing acceptance for real-time health monitoring.
Fort Lauderdale, Florida-based ultra-LCC Spirit Airlines will equip its entire fleet with inflight Wi-Fi capability by mid-2019 as part of an ongoing effort to revamp its image and improve the value proposition of its product.
Lufthansa Group subsidiary Brussels Airlines’ pilot union has called for strike action on May 14 and May 16, which is expected to create a significant disruption to flight operations, the carrier confirmed to Aviation Daily sister publication ATW.