The Etihad rescue of Alitalia took a turn for the worse today as the Italian airline filed for extraordinary administration following a meeting of its shareholders.
Jazeera Airways shareholders have approved a board recommendation to distribute a cash dividend of KD7 million, equivalent to 35% of the share's nominal value, for the fiscal year ended December 31, 2016 during the company's 15th Annual General Meeting of Shareholders that was held at the company's headquarters.
Graduate students perform a test-run of Embry-Riddle Aeronautical University's E-Spirit of St. Louis all-electric two-seater. The modified Diamond HK36, planned for first flight in May coincident with the 90th anniversary of Charles Lindbergh's solo flight across the Atlantic Ocean, has a 150 hp Yasa liquid cooled automotive electric engine and is designed for an endurance of 1 hr and 45 min using Lithium ion battery packs and custom-designed cooling systems.
Dubai-based DAE is behind an asset backed securitisation (ABS) deal for US Falcon Aerospace Limited and Falcon Aerospace USA LLC. The first such transaction in the industry this year.
Embry-Riddle Aeronautical University and industry are crafting a nine-passenger business aircraft that will merge the best attributes of electric and fossil fuels.
Omni Helicopters International, parent of Brazil's leading offshore aviation specialist Omni Taxi Aéreo S.A., and Omni Blu Aviation (Omni Blu), the independent provider of aviation services in Nigeria, have announced their strategic alliance to launch, promote, and develop Omni Helicopters Nigeria (OHN).
The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 3.8% in 2016 compared to 2015.
African Airshow, the first Aerospace and Aviation Exhibition for the Western & Central region of Africa, hosted by Ghana Airport Company, has received increasing demand since the official launch in Accra, last September 2016.
Hope that reduced integration costs will free up funding for more frequent capability upgrades is behind industry’s willingness to embrace open avionics standards and increased competition, says U.S. Air Force.
Extend today’s highway code to the skies or allow vehicles freedom to self-regulate? These are among options for urban unmanned-aircraft traffic control being explored by researchers.
Shark and seal skins, even speed skater’s suits, are inspiring drag-reduction technologies eyed for coating U.S. Air Force transports and tankers to curb jet fuel consumption.
A Maputo District Court has convicted a former financial director of LAM for abuse of office following a Mozambican anti-corruption task-force investigation into several airline executives last year, reports ch-aviation.
The Boeing Company has reported fourth-quarter revenue of $23.3 billion with GAAP earnings per share of $2.59 and core earnings per share (non-GAAP) of $2.47 reflecting overall solid execution on production programs and services.
The International Air Transport Association (IATA) and the United Nations Conference on Trade and Development (UNCTAD) announced that IATA's Cargo-XML messaging standard has now been fully integrated into ASYCUDAWorld, the UNCTAD automated customs management system used by 90 countries worldwide for their customs procedures.
