German cabin interiors specialist Recaro Aircraft Seating is aiming to become the leading business-class seating supplier, after posting 15 years of double-digit revenue growth.
African LCC fastjet expects to post a $41.2 million operating loss for 2018, nearly four times its $11.2 million prior-year loss, deepened by $23.9 million in one-off impairments from its December 2018 capital increase.
Airlines continue to improve their handling of checked bags, getting more bags to the right destination on time even as the number of airline passengers grows each year—the key finding in SITA’s 2019 Baggage IT Insights report, released Apr. 24.
Hong Kong Airlines is offering its pilots transfers to alternative airlines as it faces a pilot surplus related to the delayed delivery of its Airbus A330 and A350 aircraft.
Norwegian Air Shuttle reported a widening first-quarter loss and said it was still assessing the financial impact of the grounding of the Boeing 737 MAX, estimating it could cost the airline up to NOK500 million ($57.5 million) in 2019.
FAA is targeting May 23 for a meeting of global regulators to discuss finalized updates to Boeing’s 737 MAX flight control system. The gathering is expected to include regulators from around the world.
The top official responsible for negotiating international aviation agreements at the U.S. Department of Transportation (DOT) said the administration is “moving cautiously” to address concerns that Qatar and UAE are engaging in anti-competitive business practices with their flagship carriers.
A U.S. grand jury has charged a U.S. citizen of Chinese descent and his relative in China with theft of General Electric technology for gas and steam turbines, including know-how applicable to aviation.
Boeing has said returning the 737 MAX safely to service is its first priority, and with extra resources being channeled into this effort, hinted for the first time Apr. 24 this may impact the outline schedule for launching its next proposed airliner project, the new midsize airplane (NMA).
Grand Sky Business and Aviation Park near Grand Forks, North Dakota, and Harris Corporation have unveiled a 100-mi.-long “super corridor” that supports flights of UAS BVLOS of their operators.
Boeing has posted its 2019 first-quarter results, which indicate the initial financial impact of the two 737 MAX crashes and groundings, as well as acknowledging continued uncertainty about the full cost.
Finnair has posted a €38.8 million ($43.6 million) net loss for the first-quarter of 2019, a sharp decline from the record €13.4 million net profit that it delivered in Q1 2018, and partly driven by excess capacity from the airline’s incoming Airbus A350 fleet.
Hawaiian Airlines reported a net income increase of 27% to $36.4 million in the first quarter compared to $28.5 million in the year-ago period, despite slightly lower operating revenue.
Looking to solidify routes within Southeast Asia, Malaysia Airlines reportedly issued RFPs in April to Airbus and Embraer for the acquisition of 30 to 40 regional aircraft, according to an industry source familiar with the carrier.
Revenue headwinds that left JetBlue Airways short of its original first-quarter (Q1) guidance are weakening, leaving the carrier confident in unit-revenue “acceleration” into the fall, EVP and CCO Marty St. George said Apr. 23.
Two U.S. senators introduced bipartisan legislation that would prohibit commercial aircraft from having in place cameras and microphones that can monitor passengers, following a report by CNN in March that raised questions about tiny cameras passengers have spotted in certain inflight entertainment (IFE) systems.
U.S. Transportation Secretary Elaine Chao on Apr. 22 named four additional aviation experts to serve on a Special Committee to review FAA’s procedures for the certification of new aircraft, including the Boeing 737 MAX.
Florida-based regional carrier Silver Airways has initiated ATR 42-600 turboprop operations, marking the first time revenue passengers have flown on an ATR-600-operated by a U.S. carrier, the Franco-Italian manufacturer said Apr. 23.