Weakness in FedEx Corp.’s airline segment in the last quarter caused management to reduce its long-term target for the unit and lower the company’s earnings guidance for FY2019, despite strong growth in the FedEx Ground and Freight businesses.
Romanian flag carrier Tarom has reported third-quarter traffic and revenue growth of more than 20% as it continues a strategy of fleet and route expansion.
Italian aircraft manufacturer Tecnam has received full type certification from EASA for its P2012 Traveller next-generation aircraft, the company said Dec. 20.
Lagos-based Green Africa Airways has announced a commitment for up to 100 737 MAX 8 aircraft, evenly split into 50 firm aircraft and 50 options, as the airline gears up to begin commercial operations.
Air Tanzania as become the first African carrier to take delivery of the Airbus A220 aircraft, the newest addition to the Airbus family of commercial aircraft. Air Tanzania (The Wings of the Kilimanjaro) also becomes the latest member of Airbus aircraft operators.
UK long-haul specialist Virgin Atlantic, facing a strike by one of its pilots’ unions in the run-up to Christmas, won a court injunction halting the industrial action Dec. 20.
The British Army has been called in to help police track down drone operators that have paralyzed London Gatwick, Britain’s second busiest airport since the evening of Dec. 19.