Abu Dhabi-based Etihad Airways has agreed to sell a large portfolio of Boeing 777-300ERs, Airbus A330-300s and -200s to U.S.-based aviation financier Altavair AirFinance and global investment specialist KKR for $1 billion.
Aviation investor Indigo Partners has sold the majority of its 20.6% stake in Central and Eastern European LCC Wizz Air for £500 million ($653.8 million).
American Airlines inked an agreement to codeshare with Brazil’s GOL, bolstering its Latin American network in the face of an aggressive regional expansion by Delta Air Lines.
Santiago, Chile-based LATAM Airlines Group plans to leave oneworld alliance on May 1, eight months after SkyTeam member Delta Air Lines took a 20% stake in the Latin American company.
Air navigation service provider Naviair will establish a remote tower center at Billund Airport (BLL), Denmark’s second largest airport, to manage surrounding air traffic and ultimately provide central air traffic control for other regional airports.
As the Wuhan coronavirus spreads throughout the Asia-Pacific region, some international manufacturers are pulling out of the Singapore Airshow, which runs from Feb. 11-16.
The United Arab Emirates (UAE) is suspending all flights to and from China, with the exception of Beijing, from Feb. 5 until further notice, the General Civil Aviation Authority (GCAA) said in a statement published by the UAE’s WAM official news agency.
The Civil Aviation Administration of China (CAAC) is requiring Chinese airlines trimming services amid the Wuhan coronavirus outbreak to avoid general severance of the air connection to each foreign country now served.
Leidos, a giant provider of technology and services to U.S. government agencies, is buying two airport security and services units from L3Harris Technologies for $1 billion.
Cathay Pacific projects that its mainland China network will be almost completely suspended as a result of the novel coronavirus outbreak, dealing another blow to the carrier before it has recovered from a severe demand drop in 2019.
Mexican ULCC Volaris is making a transborder push in the first half of this year with the launch of several new routes as demand in its main passenger segment in the market visiting, friend and relatives (VFR) remains robust.
Emirates has received approvals to carry passengers on certain flights. Effective Monday 6 April, initial flights will commence from Dubai to London Heathrow, Frankfurt, Paris, Brussels and Zurich, with 4 flights a week to London Heathrow, and 3 flights a week to the other cities.
Aviation Week Senior Editor Guy Norris and London Bureau Chief Tony Osborne are joined by Vertical Flight Society Executive Director Michael Hirschberg as they review a busy Heli-Expo 2020 in Anaheim, California.
LYON, France—The €3.6 billion ($4 billion) final agreements Airbus has reached with French, UK and U.S. authorities to resolve a corruption case, although colossal, is in fact a satisfactory outcome for the company.
Bogotá-based Avianca Holdings plans to strengthen its hub at El Dorado International Airport as its most important air-connection center in the region; however, the infrastructure must be improved, and decisions must be made quickly.
SkyWest Airlines will invest in additional maintenance on its fleet of several-hundred Bombardier CRJ-series aircraft during the first half of the year, motivated by continued demand for small airliners amid ongoing scope-clause restrictions in the U.S.
