Emergency beacon supplier ACR Group on Feb. 24 announced an agreement to acquire avionics manufacturer FreeFlight Systems of Irving, Texas, for an undisclosed amount.
Irish LCC Ryanair has teamed up with Aviomar Flight Academy to officially launch a Ryanair-mentored pilot training program in Rome that it hopes will train up to 400 new pilots from across Europe in the next four to five years.
COVID-19 coronavirus-related disruption and flight cancellations could have a mid-single-digit impact on 2020 earnings for the most exposed European airports, Royal Bank of Canada analysts said in a research note.
Alitalia’s new commissioner Giuseppe Leogrande has presented plans to unions to cut two unprofitable long-haul routes and remove three aircraft from the fleet as part of ongoing attempts to find a way forward for the Italian flag carrier, almost three years after its bankruptcy filing.
The airline industry is generally in good shape to withstand the financial impact of the COVID-19 coronavirus, but it is yet to be seen if this outbreak will follow the same pattern as previous similar outbreaks.
JetBlue Airways remains confident that its planned service from Boston to London will be a success even as competition is intensifying in the market, and despite its largest rival Delta’s declaration that its revenue performance in Boston is on par with JetBlue’s results.
Venezuela has banned TAP Air Portugal from operating into the Venezuelan capital Caracas for a period of 90 days following what it described as “serious irregularities” in a recent flight.
Executives at Brazilian LCC GOL expect to operate roughly 20 Boeing 737 MAX aircraft by the end of the year, part of a transition that will see the MAX comprise half the carrier’s all-737 fleet by 2025.
Germany-based insurance company Allianz Global Corporate & Specialty (AGCS) has found that bird strikes are a notable contributor of aviation collision/crash incidents, after analyzing more than 50,000 claims.
