Latin American airlines’ growth will be stymied unless the region’s governments ease the tax burden on airlines and passengers, LATAM Airlines Group CEO Enrique Cueto said.
BOSTON—Airlines have had mixed reactions to a new transportation policy recently unveiled by Canadian Transport Minister Marc Garneau, which calls for legislation to change foreign ownership rules as well as several other initiatives. “International companies will be able to own 49% of an airline in Canada—up from the current 25%—but a single foreign investor, or combination of foreign investors, will be capped at a maximum of 25%,” the transport minister said during a Nov. 3 speech in Montreal.
The U.S. Transportation Department (DOT) is fining Qatar Airways $185,000 for flying in prohibited foreign airspace with the American Airlines code. The DOT did not specify where the Qatar flights were when they violated FAA restrictions on flying in prohibited airspace. The flights occurred in late 2014 and early 2015.
Mexican ULCC Volaris has received approval from Costa Rica’s aviation authority to set up an airline there. Volaris Costa Rica plans to start operations on Dec. 1, Volaris CEO Enrique Beltranena said in a Nov. 10 statement. “This news means a lot to us at Volaris, because it represents the opportunity to grow and expand to other markets, being able to connect Central America,” he said.
CINCINNATI, Ohio—The CFM Leap 1C engines on the prototype Comac C919 aircraft have been started for the first time, marking a long-awaited milestone on the road to first flight.
Spirit AeroSystems is looking at ways to grow its core aerostructures business, which could include business jet, regional jet, military and space programs, the company’s top executive said during a speech at a Wichita Aero Club luncheon here Nov. 10.
Bombardier has raised its expectations for profitability and cash performance in 2016, as third-quarter results show the Canadian company’s turnaround plan is gaining momentum.
Air BP is to buy 50 million gal. of sustainable jet fuel annually for 10 years as part of a $30 million investment by energy company BP in biofuels producer Fulcrum BioEnergy.
Rockwell Collins’ new Electronic Flight Bag (EFB) Interface and Communication Unit (EICU), developed in partnership with Airbus, will debut in 2017 on Azul Airlines A320neos.
Whether or not a Trump presidency will mean more protectionism is the key question that airlines and aircraft manufacturers worldwide are asking themselves ahead of the Jan. 20 inauguration of the new administration.
Willie Walsh urged the U.S. government and the aviation industry to support a new U.S.-UK open skies agreement modeled on the existing agreement between the countries.
Turkish Airlines is scaling down its capacity growth to just 1% in 2017 and will even decrease seat production by 1% in 2018, moves that corroborate that its rapid growth of the past decade has come to a halt.
New Guinea carrier PNG Air’s plan to expand its fleet of ATR turboprops will allow it to continue replacing older aircraft, grow capacity and target short-haul international routes.
According to a recent presentation by airport officials, the new facility will be designed to handle up to 68 million passengers per year during its first phase of operation, which is scheduled to run from 2020–30.
Wizz Air has become the second European LCC to post a net profit margin well above the industry average, despite Brexit, security concerns and falling yields.
Copa Holdings—the parent company of Panama’s Copa Airlines and Copa Airlines Colombia—said third-quarter results reflected stronger unit revenues and lower unit costs.
