Looking to 2019 and beyond, stock-pickers are betting fortunes in A&D will diverge again. One group is already suffering as investors move their money.
An Airbus A330-800 test aircraft completed its maiden flight Nov. 6 from Toulouse-Blagnac Airport over southwestern France, which lasted 4 hrs. and 4 min.
The office of Hong Kong’s privacy commissioner said Nov. 5 it will commence an investigation of Cathay Pacific following a recent high-profile data security breach that affected millions of customers.
Acting FAA administrator Dan Elwell wants to see funding reform from Congress, noting the current practice of appropriating through continuing resolutions complicates planning and budgetary efforts at the agency.
Only three of the Middle East and North Africa (MENA) nations have signed up for the voluntary CORSIA global aviation carbon offsetting scheme that begins in 2020, although IATA says there is no particular reason why they are holding off.
China’s state-owned Aero Engine Corporation of China (AECC) is in advanced testing of a 35 ton-thrust turbofan engine demonstrator for a future widebody aircraft, the company told Aviation Daily Nov. 6.
The China-Russia International Aircraft Co. (CRAIC) consortium will issue the next batch of requests for proposals (RFPs) from suppliers for the CR929 widebody within weeks, as it assesses engine and landing-gear offers already received, United Aircraft Corp. (UAC) President Yuri Sluysar said.
The head of IATA, in a speech to Arab airlines and aviation organizations, continued his advice to governments to be cautious about turning to the private sector to solve their aviation infrastructure challenges.
Maintenance services provider Werner Aero Services is studying the possibility of providing solutions for widebodies and Embraer’s E-Jets as part of the company’s expansion plans for the Asia-Pacific region.
Airlines, their passengers and the air cargo market will be far worse off if the industry retreats into protectionism after 40 years of air transport liberalization, the head of the Arab Air Carriers’ Organization (AACO) warned Nov. 6.
Israeli startup Eviation Aircraft has selected Hartzell Propeller as a development partner for its small, all-electric regional aircraft named ‘Alice.’
European Commission DG CLIMA adviser Damien Meadows has reiterated the EU’s support for the International Civil Aviation Organization’s (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), despite EU member states being required to file CORSIA legal differences by Dec. 1.
The stories of Primera Air, Monarch and Air Berlin have highlighted just how competitive the industry has become, particularly in the cut-throat European shorthaul sector.
United Airlines has asked for approval to launch a second daily round-trip between Newark Liberty International Airport (EWR) and Shanghai Pudong International Airport (PVG) in 2020 and asked the U.S. Department of Transportation (DOT) to reject American Airlines’ plan to keep, but not operate, some of the treaty-limited frequencies between the two countries.
Aireon and FlightAware have activated their GlobalBeacon flight-tracking offering for airlines, days before an International Civil Aviation Organization (ICAO) tracking recommendation takes effect, the companies said Nov. 5.
Brazil’s Gol Linhas Aereas Inteligentes SA, battered by higher fuel expenses and currency fluctuations, posted a steep third-quarter 2018 loss of BRL409 million ($110 million).
Icelandair agreed to buy its local rival WOW Air, the company announced Nov. 5, likely ending a painful battle for dominance at both carriers’ Keflavik home base.
Global air freight demand grew by 2% in September from the year-earlier period, flat from August but less than half the five-year average growth rate of 5.1%.
