Virgin Australia reported its strongest half-year earnings in more than a decade, thanks to the airline’s restructuring program and surging domestic business.
European Commission (EC) regulators have approved a joint venture (JV) agreement between Air France-KLM, Delta Air Lines and Virgin Atlantic that will see the Franco-Dutch airline group acquire a 31% stake in Virgin Atlantic.
A bipartisan group of U.S. lawmakers have introduced a bill that will require all commercial aircraft operating in the U.S. be retrofitted with secondary cockpit barriers to prevent terrorist attacks similar to 9/11.
Private equity investors may be looking to increase their role in the aircraft leasing industry, but while the new money likely is welcome the new investors may bring significant complication for everyone involved, analysts and consultants concluded.
U.S. regional carrier Southern Airways Express has acquired Hawaiian-based commuter carrier Mokulele Airlines, in a deal that will result in the combined entity operating 1,380 weekly flights. Terms of the acquisition were not disclosed.
Flying Whales, the French developer behind large airships for commercial freight, has completed a test campaign at an ONERA wind tunnel in Lille, France.
Industrial aviation services provider Bristow Group has abandoned its proposed takeover of Columbia Helicopters as Bristow struggles with financial issues.
As ICAO’s Committee on Aviation Environmental Protection (CAEP) meets in Montreal to discuss which aviation biofuels will be classed as sustainable, international NGO Biofuelwatch has warned that alternative jet fuels cannot be sufficiently scaled up without relying on palm oil, which could have “disastrous” environmental consequences.
Dutch Finance Minister Wopke Hoekstra has thrown his support behind KLM CEO Pieter Elbers, amid reports that Elbers’ contract may not be renewed by Air France-KLM.
U.S. Rep. Peter DeFazio (D-Oregon), chairman of the House Transportation and Infrastructure Committee, has renewed calls for Congress to scrutinize “flag of convenience” business models that allow carriers to operate out of countries with less-expensive labor markets than their home countries.
Ryanair CEO Michael O’Leary stands to make almost €100 million ($113 million) in bonuses if he can either double the LCC’s profit figures or its share price within five years.
An Etihad Airways Airbus A380 and Boeing 787 Dreamliner featuring the Formula 1 themed livery had a double celebratory flypast yesterday as they featured in a special UAE flag formation over Yas Marina Circuit with the Al Fursan display team to commemorate the Abu Dhabi Grand Prix and the UAE's National Day.
All Nippon Airways is taking major steps in its investment strategy by buying a stake in Philippine Airlines and ordering new-generation narrowbodies from Boeing and Airbus.
As it prepares for its merger into the parent company, Singapore Airlines (SIA) subsidiary SilkAir has selected UK-based Thompson Aero Seating as the supplier for its Boeing 737 MAX 8 business-class refurbishment program.
Icelandair Group—which includes domestic operator Air Iceland Connect, capacity provider Loftleidir and several tourism-related subsidiaries—recorded a 2018 net loss of $55.6 million, reversed from a net profit of $37.5 million in 2017.
Aerospace and defense components manufacturer Arconic will break up, it’s days-old new leadership announced Feb. 8, with the company’s business sorted into Engineered Products & Forgings or Global Rolled Products, and one of them spun off.
