Memphis, Tennessee-based FedEx Corp. expects to spend $300 million in its 2017 fiscal year, which started June 1, to cover capital expenditures and integration costs related to its acquisition of Netherlands-based TNT Express. The deal closed May 24.
BRUSSELS—Air traffic controllers in France went on strike June 23, in spite of a recent agreement that will give them a 5% wage increase, an improved retirement plan and guarantees of no job cuts between 2017–19.
The FAA is rolling out a software change to the Automatic Dependent Surveillance-Broadcast (ADS-B) ground stations at dozens of major airports, in an effort to prevent signal-interference problems for aircraft and vehicles using ADS-B input for surveillance applications.
Air Serbia on June 23 scheduled Belgrade–John F. Kennedy International Airport (JFK) service, providing the first direct flights between Serbia and the U.S. in 24 years.
Long-delayed, completion of the FAA’s first rules for commercial operation of small unmanned aircraft systems (UAS), or drones, has been welcomed by industry.
AUCKLAND–The Malaysian government is signaling it will reject AirAsia’s efforts to rename the second terminal at Kuala Lumpur International Airport (KLIA), although AirAsia shows no signs of giving up its campaign.
A flight-delay-management project tested at Xian International Airport is showing results and may be extended to other airports in China, where delays have become commonplace.
Memphis-based FedEx Corp. has converted six Boeing 767-300 freighter options to firm orders for delivery to its FedEx Express unit between June 1, 2019, and May 31, 2020.
BRUSSELS—VLM Airlines, once the largest operator at London City Airport, ceased operations after a commercial court in Antwerp, Belgium declared the company bankrupt June 22.
BRUSSELS—Air France pilots canceled a four-day strike after Air France–KLM CEO-Designate Jean-Marc Janaillac promised to suspend implementation of a last batch of cost-cutting measures that were agreed in 2012 as part of the group’s Transform 2015 restructuring plan.
PANAMA CITY—Latin America’s safety record is the result of a variety of factors, including cultural affinity among the countries in the region, the age of the fleet and strong cooperation between governments, industry and ICAO, industry experts said here at the ALTA Pan-American Aviation Safety Summit.
PANAMA CITY—The lack of air connectivity among the Caribbean islands remains one of the tallest barriers to unlocking the full potential of the region’s tourism market, the head of ALTA told Aviation Daily at the ALTA Pan-American Aviation Safety Summit here.
The benefit of automotive safety features in general aviation have persuaded the FAA to grant Terrafugia a waiver of weight and stall-speed limits so it can self-certify its Transition flying car as a light sport aircraft (LSA).
NEW YORK—All-business-class carrier La Compagnie has grown its load factor in the past year. Now it plans to offer 10 passes for an unlimited number of flights on its two routes between Newark Liberty International Airport and Paris Charles de Gaulle Airport, as well as London Luton Airport.
LONDON—Airbus is mounting its first demonstration tour of China with its A350-900 twin-aisle airliner, as it attempts to further tap the booming Chinese airline market.
PANAMA CITY—Passenger traffic in Latin America is expected to grow between 5–10% per year over the next decade. But this growth could be hampered by lack of government investment in infrastructure, air traffic control systems and airports, industry leaders said at the ALTA Pan-American Aviation Safety Summit here.
AUCKLAND—While Australasian airlines are restoring some links to the popular holiday destination of Vanuatu, concerns about the country’s main airport are preventing the full resumption of services.
BRUSSELS—The decision of Air France pilots to call yet another strike is deepening the rift with KLM pilots, who told their French colleagues they have a “big problem” with the work stoppage.
25 Years Ago June 21, 1991—The Bush administration reverses course to support increasing foreign ownership of U.S. airlines’ voting shares. Transportation Secretary Samuel Skinner favors pending legislation that would allow overseas stakeholders to own 49% of voting interest, compared to the current 25%.
