Thai Airways’ financials managed to return to an operating profit in the third quarter, although exchange rate deficits and other special items dragged down the carrier’s results to a show heavier net loss.
Emirates is demanding guarantees from Airbus that A380 production will continue in the long term before committing to another major order for the aircraft.
Boeing is confident that political turmoil and recent and ongoing troubles at the big three Gulf carriers will have no impact on its business in the Middle East.
Emirates placed a surprise large order for the Boeing 787-10 on the opening day of the Dubai Airshow, but negotiations about a similarly sized commitment for more Airbus A380s were continuing with no announcement expected until at least Monday.
Azerbaijan Airlines has signed an agreement for five Boeing 787-8s, adding to the two of the type the carrier already operates, and the carrier is the first airline to sign a landing-gear exchange program with Boeing.
Embraer Commercial Aviation CEO John Slattery sees great potential in the Middle East for regional jets, particularly the E2-family of aircraft Embraer currently is developing.
The requirement for hobbyists to register their drones with the FAA looks set to become law after Congress added language to its final version of the fiscal 2018 defense budget.
Indonesia has pledged more funds to help state aircraft manufacturer Indonesian Aerospace, especially to make its 19-seat N219 light twin turboprop aircraft an export success.
An agreement with the Chinese government that Boeing announced on Nov. 9 evidently includes an order for 60 aircraft by China’s CDB Leasing that was disclosed in July.
The U.S. Justice Department has forced high-profile aerospace and defense acquirer TransDigm Group to dispose of a recently purchased company at a loss, executives disclosed in a surprise revelation Nov. 9.
The airline, which entered Chapter 11 bankruptcy protection on Oct. 16, said it faced “multi-directional legal attacks [from lessors] which Island Air could no longer combat without additional financing.”
British LCC EasyJet said TUI Group executive Johan Lundgren will become chief executive on Dec. 1. He will succeed Carolyn McCall, who is moving to the top job at television company ITV.
CFM International, the joint venture between General Electric and Safran, is eyeing another bumper year of engine orders. However, it also is working hard to catch up on delayed production, and tackling a shroud coating-loss issue affecting some Leap-1A-powered Airbus A320neos.
Finnair has again stepped up its 2017 full-year operating profit outlook to over €155 million ($180 million)—nearly triple the €55 million figure it posted in 2016.
Aerospace and defense supplier Ducommun has begun a corporate restructuring and review process that will cost $22-25 million through 2018, starting with the company’s aerostructures unit.
Europe should digitize air traffic management systems to meet the challenges posed by predicted growth and the expected emergence of civil pilotless aircraft, according to Florian Guillermet, executive director of the SESAR Joint Undertaking.
Administrators acting for UK leisure carrier Monarch Airlines will appeal a UK High Court ruling that the grounded airline has no entitlement to its summer 2018 slots.
Boeing’s Nov. 9 disclosure of an agreement with the Chinese government covering 300 aircraft acquisitions is substantially a repeat announcement, industry sources said.
Atlas Air Worldwide Holdings faces “intensifying operational and staffing crises” resulting from “mismanagement”—not because of a pilot work slowdown—the union representing the cargo operator’s pilots said.
Triumph Group’s long, hard slog to turn around its business remains tough, financial analysts said Nov. 8 after the supplier reported quarterly earnings results.
