The inevitable spike in capacity when the Boeing 737 MAX returns to service will be absorbed by a combination of demand and more retirements, analysts at Canaccord Genuity conclude.
Bogatá, Colombia-based Avianca Holdings is urging investors to give the company more time to execute its “Avianca 2021” strategic turnaround plan, following the release of weaker-than-expected 2019 second-quarter (Q2) earnings Aug. 14.
A Swedish startup is planning an aggressive program to develop an all-electric 19-passenger regional aircraft, backed initially by a government-supported research program looking at the technologies and infrastructure required to introduce electric aviation in Sweden.
The U.S. FAA has granted a team headed by the Kansas Department of Transportation (KDOT) a waiver to fly small drones beyond the visual line of sight (BVLOS) of an operator using an onboard detect and avoid system.
Lion Air’s engineering company Batam Aero Technic (BAT) and Garuda Indonesia’s Garuda Maintenance Facility (GMF) AeroAsia signed a cooperation agreement Aug. 14 to expand BAT’s MRO facility in Batam Hang Nadim Airport, Indonesia.
An Airbus A321 operated by Russia’s Ural Airlines was forced to land in a corn field Aug. 15 after its CFM International CFM-56 engines ingested a flock of seagulls shortly after takeoff at Moscow’s Zhukovsky airport.
Allan Kilavuka became CEO of Kenya Airways’ low-cost carrier (LCC), Jambojet, in January 2019, succeeding industry veteran Willem Hondius. Kilavuka talked to Victoria Moores about how it felt to fill those shoes, as a complete newcomer to aviation.
Boeing confirms it is sliding its 777-8 development program back after hitting major delays to the 777-9 flight test and certification campaign. The move comes as Boeing continues to funnel engineering resources to tackle the 737 MAX crisis, and will almost certainly result in first deliveries of the longer-range 777-8 variant slipping into 2023 or beyond.
LATAM Airlines Group narrowed its 2019 second-quarter (Q2) net loss to $63 million, as rising passenger revenues were offset by the ongoing financial crisis in Argentina.
European virtual-reality (VR) inflight entertainment (IFE) specialist Inflight VR has closed its largest equity financing round to date, securing over €4 million ($4.5 million) to support its growth plans.
Travel industry technology giant Sabre on Aug. 14 warned the U.S. Department of Justice (DOJ) it will close its acquisition of rival Fairlogix, an airline distribution service provider, on Aug. 21.
French air navigation service provider (ANSP) DSNA has joined a consortium of European ANSPs participating in the Iris satellite-based data link program, Inmarsat announced Aug. 14.
Air Canada will deploy its initial Airbus A220-300s on two new routes that support its long-term strategies of growing transborder revenues and driving more intercontinental connecting traffic through its hubs.
Hong Kong International Airport (HKIA) has secured an injunction that will prevent pro-democracy protesters from “unlawfully and willfully obstructing” airport operations.
Star Alliance carrier TAP Portugal is suspending flights to London City Airport, blaming weaker-than-expected demand because of the UK’s departure from the European Union (Brexit), as part of a wide-ranging network shake-up planned for 2020.
Billions of dollars are needed to make conceptual aircraft a reality. This raises the question of whether the market will justify this massive investment.
