Qatar Airways has purchased a stake of almost 10% in Cathay Pacific, as the Middle Eastern carrier looks to build its portfolio of airline investments.
Japan Airlines (JAL) intends to order more widebody aircraft to meet its growth objectives, although a decision about which type could be some way off.
Spanish airline Iberia plans to add more services to destinations in the U.S. and Latin America to boost growth—helped by new additions to its fleet—its CEO Luis Gallego said during a presentation at the parent company IAG’s Capital Markets Day on Nov. 3.
International Airlines Group said demand for its new low-cost, long-haul brand Level has been “phenomenal,” with more than 50,000 bookings in the first 24 hr. tickets were on sale.
Air France-KLM said it expected positive price trends to continue in the final three months of the year after posting an increase in third-quarter profit, thanks in part to strong traffic during the summer.
As Gogo continues the rollout of its latest satellite-based inflight internet technology, it is also working to upgrade its air-to-ground system with faster speeds.
China Southern Airlines has begun work on buildings and installations at Beijing’s upcoming new airport, preparing to move more than 20,000 employees into the facility after its planned completion in 2019.
Pratt & Whitney will make cash advances to Bombardier to support excess C Series inventory after delays in engine deliveries forced the Canadian manufacturer to reduce projected deliveries this year to 20-22 aircraft from the planned 30-35.
AerCap Holdings posted $265.8 million in third-quarter 2017 net profit, up 17.8% from the year-ago quarter. AerCap said the result was primarily attributable to a $63.7 million net gain on the sale of 27 aircraft and reclassification of eight aircraft to finance leases during the quarter.
Bombardier’s three-day, 21st Safety Standdown drew 500 pilots, crewmembers, maintenance technicians, managers and others from around the U.S. and more through webcasts of the presentations.
Boeing Chief Technology Officer Greg Hyslop’s belief that the second century of flight will be dominated by materials and algorithms is reflected in the company’s latest acquisitions and venture capital investments.
International Airlines Group (IAG) CEO Willie Walsh aims to finalize the next steps for Spanish long-haul LCC Level before year-end, and plans to hire a dedicated CEO for the carrier.
President Donald Trump’s nominee to lead the U.S. Export-Import Bank heard an earful of opposition and doubt from senators on both sides of the aisle on Nov. 1, with many members of the banking panel openly wondering whether avowed bank opponent Scott Garrett eventually would try to undermine or dismantle the U.S. export credit agency.
Alaska Airlines and Virgin America pilots began working under a new, joint labor contract Nov. 1, following binding arbitration that brought settlement of pay and benefits issues.
SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, has cited the company’s ongoing fleet transition as the primary source of improved revenue and profits.
Japan’s two major airlines have boosted their profit guidance for the fiscal year through March 31, in part due to strong performance on their international networks.
