The largest shareholder of Asiana Airlines, Kumho Industrial, has decided to sell its entire stake in the airline as it seeks to improve its liquidity and appease creditors.
British Airways’ CFO is to step into the same role for parent company International Airlines Group (IAG), replacing Enrique Dupuy de Lome who is stepping down in June.
Space launch company Stratolaunch has successfully completed the long-anticipated first flight of its 385-ft.-span, six-engined mothership at Mojave Air & Spaceport.
FAA is targeting late May or early June for approving Boeing’s proposed changes to the 737 MAX and issuing an airworthiness directive that would mandate the upgrades and clear the way for U.S. MAX operations to resume, the agency told airline representatives Apr. 12.
Azul Brazilian Airlines expects a total capacity growth of 18%-20% this year, consisting of a 16%-18% increase in domestic capacity and a 20%-25% rise in international capacity.
Southwest Airlines has revamped its schedule through Aug. 5 to account for not having its 34 Boeing 737 MAXs available for flying as the model’s grounding continues to keep operators shuffling their schedules and fleet plans.
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Bicameral legislation introduced in the U.S. Congress would protect against inflight toxic fumes by mandating installation of carbon monoxide detectors in aircrafts’ supply systems and establishing training and reporting requirements to help pilots crewmembers identify air contamination events in the cabin.
Passengers traveling to and from Spain during the busy Easter holiday season will need to expect delays as airport ground workers, security staff and pilots plan strike action.
Qatar Airways issued a sharp rebuke Apr. 11 to what it described as “false accusations” from U.S. lawmakers and the Trump administration, saying that its investment in Air Italy is “fully compliant” with the U.S.-Qatar Open Skies Agreement, as well as the January 2018 U.S.-Qatar Understandings and a side-letter that accompanied the discussions.
Evidence of solid fundamental trends at Delta Air Lines has the airline bullish about its full-year 2019 performance and should indicate positive momentum for some competitors as well.
China’s Juneyao Air reported a net profit of CNY1.2billion ($174.5 million) in 2018, down 7% year-on-year (YOY), the first time its profits dipped since 2012.
Germany’s Hensoldt, the former Airbus defense electronics unit, continued its stand-alone growth strategy on April 12 with the announcement it will buy Nexeya’s test and integration and services business as well as major parts of its mission management and power conversion businesses.
India’s Jet Airways is continuing to cancel all of its international flights for the near-term at least, as more of its aircraft are grounded for missing lease payments.
Delta Air Lines, through its Delta TechOps MRO division, is working on being able to use unmanned aerial vehicles on the airfield—outside of a hangar—to conduct inspection work on its air transport aircraft at Hartsfield-Jackson Atlanta International Airport and others.
CEO Dennis Muilenburg detailed Boeing’s response to the Mar. 10 crash of Ethiopian Airlines Flight 302 and the subsequent grounding of the 737 MAX 8 during an Apr. 11 speech at the George W. Bush Presidential Center in Dallas.
ATLANTA - Most corners of the aerospace and defense sector grasp the promise of so-called big data analytics by now – and likely no place better than the MRO domain.
WestJet Airlines is managing the Boeing 737 MAX grounding in part by re-shuffling its cabin-modification schedule, pulling 737 Next Generation (NG) models out of planned upgrade lines and subbing in MAXs.
