Latvian carrier SmartLynx Airlines has secured an air operator’s certificate (AOC) for its new Maltese airline, which it will use as a platform for further growth.
FAA is projecting passenger growth for U.S. carriers will advance at an average annual rate of 1.8% over the next 20 years—about 0.1% lower than last year’s forecast—increasing by 48% or roughly 424 million passengers by 2039.
The Pratt & Whitney PW1100G-powered Airbus A319neo made its first flight Apr. 25, starting a flight test campaign that is to be completed before the end of the year.
German cabin interiors specialist Recaro Aircraft Seating is aiming to become the leading business-class seating supplier, after posting 15 years of double-digit revenue growth.
African LCC fastjet expects to post a $41.2 million operating loss for 2018, nearly four times its $11.2 million prior-year loss, deepened by $23.9 million in one-off impairments from its December 2018 capital increase.
Airlines continue to improve their handling of checked bags, getting more bags to the right destination on time even as the number of airline passengers grows each year—the key finding in SITA’s 2019 Baggage IT Insights report, released Apr. 24.
Hong Kong Airlines is offering its pilots transfers to alternative airlines as it faces a pilot surplus related to the delayed delivery of its Airbus A330 and A350 aircraft.
Norwegian Air Shuttle reported a widening first-quarter loss and said it was still assessing the financial impact of the grounding of the Boeing 737 MAX, estimating it could cost the airline up to NOK500 million ($57.5 million) in 2019.
Boeing CEO Dennis Muilenburg fielded Wall Street’s questions during the company's latest earnings call. A few of his answers surprised our editors. Listen in as they discuss.
FAA is targeting May 23 for a meeting of global regulators to discuss finalized updates to Boeing’s 737 MAX flight control system. The gathering is expected to include regulators from around the world.
The top official responsible for negotiating international aviation agreements at the U.S. Department of Transportation (DOT) said the administration is “moving cautiously” to address concerns that Qatar and UAE are engaging in anti-competitive business practices with their flagship carriers.
A U.S. grand jury has charged a U.S. citizen of Chinese descent and his relative in China with theft of General Electric technology for gas and steam turbines, including know-how applicable to aviation.
Boeing has said returning the 737 MAX safely to service is its first priority, and with extra resources being channeled into this effort, hinted for the first time Apr. 24 this may impact the outline schedule for launching its next proposed airliner project, the new midsize airplane (NMA).
Grand Sky Business and Aviation Park near Grand Forks, North Dakota, and Harris Corporation have unveiled a 100-mi.-long “super corridor” that supports flights of UAS BVLOS of their operators.
Boeing has posted its 2019 first-quarter results, which indicate the initial financial impact of the two 737 MAX crashes and groundings, as well as acknowledging continued uncertainty about the full cost.
Finnair has posted a €38.8 million ($43.6 million) net loss for the first-quarter of 2019, a sharp decline from the record €13.4 million net profit that it delivered in Q1 2018, and partly driven by excess capacity from the airline’s incoming Airbus A350 fleet.
Hawaiian Airlines reported a net income increase of 27% to $36.4 million in the first quarter compared to $28.5 million in the year-ago period, despite slightly lower operating revenue.
Looking to solidify routes within Southeast Asia, Malaysia Airlines reportedly issued RFPs in April to Airbus and Embraer for the acquisition of 30 to 40 regional aircraft, according to an industry source familiar with the carrier.
The International Air Transport Association (IATA) and The Arab Civil Aviation Organization (ACAO) have signed an MoU to deepen their cooperation to advance the safe, efficient and sustainable development of air transport in the Middle East North Africa region (MENA).
