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).
Revenue headwinds that left JetBlue Airways short of its original first-quarter (Q1) guidance are weakening, leaving the carrier confident in unit-revenue “acceleration” into the fall, EVP and CCO Marty St. George said Apr. 23.
Two U.S. senators introduced bipartisan legislation that would prohibit commercial aircraft from having in place cameras and microphones that can monitor passengers, following a report by CNN in March that raised questions about tiny cameras passengers have spotted in certain inflight entertainment (IFE) systems.
U.S. Transportation Secretary Elaine Chao on Apr. 22 named four additional aviation experts to serve on a Special Committee to review FAA’s procedures for the certification of new aircraft, including the Boeing 737 MAX.
Florida-based regional carrier Silver Airways has initiated ATR 42-600 turboprop operations, marking the first time revenue passengers have flown on an ATR-600-operated by a U.S. carrier, the Franco-Italian manufacturer said Apr. 23.
ExpressJet Airlines, seeking to keep candidates flowing through its pilot pipeline, has launched a flexible program aimed at helping helicopter pilots transition to first-officer status at the growing regional carrier and possibly join United Airlines.
Airlines operating in France are gearing up for strike-related disruption as Norwegian Air Shuttle cabin crew plan a work stoppage from Apr. 24 over pay and working conditions and the powerful French union SNPL threatens a week-long walkout in May.
An investment banking firm focused on the aerospace sector has proposed an “innovative project financing” model to fund the largest-ever U.S. procurement of surveillance and air traffic control (ATC) radars.
U.S. Transportation Secretary Elaine Chao told the families of those killed in the 2009 crash of Colgan Air Flight 3407 there would be no change to the 1,500-hr. pilot training requirement for first officers at scheduled air carriers.
Key aerospace and defense supplier Collins Aerospace expects up to $0.10 of “headwind” on its earnings per share (EPS) this year as a result of the Boeing 737 production slowdown and MAX groundings.
Philippines’ Clark International Airport has closed temporarily following a strong 6.1 magnitude earthquake that struck the main island of Luzon the night of Apr. 22.
In an ongoing battle to gain control of Hong Kong Airlines, four of its board members have been served with a court order preventing them from making business related-decisions on the airline.
The first air carrier certificate for a commercial drone delivery service in the U.S. has been awarded by the FAA to Wing, the subsidiary of Google parent company Alphabet.
Airlines are continuing to consume aftermarket services at a record rate, with year-over-year sales growth projected at nearly 10% for 2019, driven by continuing demand for traffic and boosted by specific challenges—notably the Boeing 737 MAX grounding—providing short-term boosts, new research from Canaccord Genuity shows.
Nevada-based Allegiant Air has filed an application with the U.S. Department of Transportation (DOT) to offer non-stop scheduled service between the U.S. and Mexico, marking the first foray into scheduled international service for the LCC.
A new agreement between aircraft-maker Boeing and aerostructures provider Spirit AeroSystems due to ongoing 737 MAX troubles should ward off the worst effects of the narrowbody’s production slowdown for the Wichita supplier.
