Bulgaria and Romania have taken all necessary initiatives per the mandates of the Single European Sky (SES) legislation to make their common airspace more efficient and establish a Functional Airspace Block (FAB), prompting the European Commission (EC) to close the infringement procedures against the two countries.
The ownership of British regional airlines, bmi Regional and Loganair is to be consolidated under newly established company Airline Investments Limited (AIL).
SkyWest, Inc. will continue to shrink the fleets of its two regional carriers in an attempt to improve profitability, executives said during a call with investors last week.
Mitsubishi Heavy Industries (MHI) has begun final assembly of the last of seven airframes that will be used in the main certification program for the Mitsubishi Aircraft MRJ regional jet.
Resuming stalled talks with Hong Kong is among the Australian government’s main international aviation goals, as it negotiates new or revised bilateral air service agreements with several countries.
Australia’s airports are among the largest beneficiaries of the rapid growth in Chinese international travelers, and industry officials expect this market to become even more important in the near future.
During his 10 years as Boeing’s CEO, Jim McNerney was resolute that the company would not offshore major operations. When I asked him two months ago about the possibility of assembling Boeing airliners in China, where rival Airbus already has a plant, he was almost dismissive. “You know, my thinking really hasn’t changed,” he replied.
Virgin America’s first class yields between its major West Coast cities and New York John F. Kennedy Airport (JFK) have decreased 30-40% since JetBlue Airways introduced its Mint product, David Cush, Virgin America CEO, said.
AirAsia has raised the stakes in its dispute with the operator of Kuala Lumpur International Airport (KLIA), demanding compensation over the condition of the apron around the terminal used by the carrier.
International Airlines Group (IAG) has made clear that it is against the construction of a third runway at British Airways’ main hub in London-Heathrow because of the high cost.
Mainland Chinese airlines’ international traffic growth is galloping ahead of their domestic business this year, with Asian regional destinations—notably tourist markets in Japan—leading the way.
Qatar Airways has rejected claims by the big three U.S. intercontinental airlines about alleged subsidies and says the U.S. government should withstand any interference with the current Qatar open skies agreement.
Mainland Chinese airlines’ international traffic growth is galloping ahead of their domestic business this year, with Asian regional destinations leading.
Airbus plans to make a decision about a further ramp-up of A320neo production, likely before the end of the year, according to Airbus Group CEO Tom Enders.
Xiamen Airlines is eager to buy up to six Boeing 787-9s to add to the six 787-8s it has begun using to open long, thin routes to its home province, Chairman Che Shanglun says.
Bombardier earned second-quarter net income of $125 million, down 19.4% from a net profit of $155 million in the prior-year period, on a 5.5% year-over-year drop in revenue to $4.62 billion. The Canadian manufacturer said in a statement that CSeries flight testing “is progressing rapidly with over 2,000 hours completed and performance is exceeding targets. The aircraft is on track to enter into service in the first half of 2016” with Swiss International Air Lines.
Qantas long-haul pilots have voted to approve a new contract that will help clear the way for the airline to convert its options for Boeing 787-9s. Airline executives have said a new contract deal was one condition for placing the 787 orders, as well as returning the international division to profitability and paying down debt. The profitability goal has already been achieved. Qantas has 50 options and purchase rights for 787-9s, with the first delivery slots in 2017. The carrier would have to exercise options for these first slots later this year.
The discovery, not yet officially linked to Flight MH370, was made more than 16 months after the March 8, 2014, disappearance of 9M-MRO, the 777 that operated as MH370 between Kuala Lumpur and Beijing with 239 people on board.
Lufthansa saw pressure on yields in its passenger airline division and a drastic decline in profitability of Lufthansa Cargo in the second quarter, company executives revealed July 30.
