Swoop, Westjet’s ULCC subsidiary, has placed its fourth aircraft into service and is using it to support previously announced seasonal flights between Abbotsford International and Winnipeg Richardson International airports.
Avianca Holdings had an unadjusted net loss of $35.7 million for the 2018 second quarter, reversed from a $10.6 million net profit in 2Q 2017, as the Colombia-based company faced currency volatility, increased fuel prices, infrastructure disruptions and continuing after-effects of a 51-day pilots’ strike in 4Q 2017.
United Parcel Service’s (UPS) second-quarter 2018 net profit increased 7.3% year-over-year (YOY) to $1.5 billion on 9.6% YOY revenue growth across its three major business segments, with international package and supply chain/freight revenue each showing double-digit YOY gains.
Vietnam Airlines reported strong profit growth for the first half of 2018, and the carrier is also making progress on plans to increase productivity and reduce staff numbers.
Substantial marketing efforts led to Royal Jordanian more than halving its losses for first half of 2018 compared to the same period a year earlier, the airline said.
Recaro Aircraft Seating has acquired land and buildings near its headquarters in Schwaebisch Hall, Germany, as part of a major investment plan to support the company’s rapid growth.
For many years, Africa has been talked of as a continent of great potential in commercial aviation. That potential has never really materialised. As Alan Dron reports, the authors of a new book believe that, at last, things are about to change.
A coalition of 30 organizations representing a cross-section of the U.S. aviation industry is appealing to the leadership of the U.S. Senate to move expeditiously to consider legislation for a long-term reauthorization of the FAA, before current authorization for the agency expires on Sept. 30.
Abu Dhabi Airports has appointed Bryan Thompson as CEO, as the company continues to implement a multi-billion dollar redevelopment and expansion of Abu Dhabi International Airport (AUH) aimed at increasing overall capacity.
The dramatic demand to train a new generation of commercial and military pilots is boosting CAE’s bottom line and setting the company for sustained growth, executives declared Aug. 14 while unveiling their latest quarterly results and forecast for its 2019 financial year started April 1.
Higher fuel costs and deeper foreign exchange losses offset rising revenue for Korean Air, sending the carrier deeper into the red for the second quarter.
Aerotask, a Dubai-based global aviation consultancy providing Asset Management and Financial Solutions to airlines, lessors, financiers and aviation investors worldwide, has successfully transacted a McDonnell Douglas MD-83 aircraft on behalf of the Asset Management Corporation of Nigeria (AMCON).
The International Air Transport Association (IATA) and the Rwanda Civil Aviation Authority (CAA) signed an MoU to partner for the improvement of aviation safety.
Combining Japan’s aircraft-building businesses would save engineering, equipment and marketing costs, MHI says. Management expenses might be reduced, too.
IATA and Honeywell have not started talks on a possible settlement of the European Commission (EC) complaint filed by the association against the supplier, even as discussions with CFM International over a similar complaint led to a settlement that both sides welcomed.
The UK Competition and Markets Authority (CMA) has opened an in-depth investigation into Menzies’ acquisition of fellow ground handler Airline Services.
An FAA-sponsored working group has recommended the agency develop guidance requiring demonstrations that aircraft can be controlled when an engine suddenly loses thrust during the low-speed portion of a takeoff run.
