Wary of a potential over capacity in Vietnam, the country’s largest conglomerate Vingroup has announced that it will be shelving its plans to set up a new airline.
The European Commission extended the provisional deadline for its in-depth review of the proposed commercial joint venture (JV) between Boeing and Embraer until Apr. 30, further delaying its potential approval for the deal, most recently seen to be closing at the end of the first quarter.
The International Air Transport Association (IATA) has announced global passenger traffic results for November 2019 showing that demand (measured in revenue passenger kilometers or RPKs) rose 3.3% compared to the same month in 2018.
By Sean Broderick, Helen Massy-Beresford, Kurt Hofmann
The investigation into Iran’s Jan. 8 downing of Ukraine International Airlines (UIA) Flight PS752 is beginning to take shape, with participants from affected countries urging transparency and a thorough probe into the disaster.
Air Transport Services Group (ATSG), a leading air freight services provider to Amazon, will try to raise up to $400 million in corporate debt to pay down revolving loans, the company said Jan. 13.
London City Airport handled a record 5.1 million passengers in 2019, a 6.3% rise over 2018 and contributing to a 42% jump in passenger throughput over the previous five years.
Avianca Holdings has completed a $125 million interim financing round that will add flexibility as the resurgent company executes its “Avianca 2021” strategic turnaround plan.
UK regional airline Eastern Airways is returning its stored Embraer E170 to active service and has announced plans to add three E190s and a second E170.
Fractured mid-turbine frame (MTF) piston seals have been linked to about half of the Pratt & Whitney PW1100G-JM engine failures reported by Indian carriers that damaged low-pressure turbines (LPTs)—leading to a Pratt service bulletin recommending inspections, India’s Directorate General of Civil Aviation (DGCA) said.
Italy’s Ernest Airlines grounded all flights Jan. 11 in what the LCC said was a temporary measure after national aviation regulator ENAC suspended the airline’s air operator’s certificate (AOC).
Airports in the Central Luzon area of the Philippines area are preparing for more disruption as local officials warn of a “potential explosive eruption” of the Taal volcano.
Growth in mainland Chinese airline passenger numbers slowed in 2019, when the industry carried 660 million people, up 7.9% on a year earlier, the Civil Aviation Administration of China (CAAC) said.
