Airline profitability remains uneven geographically, with carriers in much of the world struggling to earn a profit even as the overall industry continues to generate record revenue and earn robust annual income.
New-generation widebodies are prompting some airlines to seek out potential new city pairs that can be served nonstop with flight times of 17 hr. or longer.
The airline industry is pushing for new technology and initiatives to streamline border processing for passengers, with trials underway at some airports.
Finalizing and formally adopting regulations later this month for the monitoring, reporting and verification (MRV) of emissions for the Carbon Offset and Reduction Scheme for International Aviation (CORSIA) is critical to keeping the ICAO program on track to start on time, according to the head of the Air Transport Action Group (ATAG).
Lufthansa Group CEO Carsten Spohr believes Boeing’s proposed new midmarket aircraft (NMA) will not arrive before “the end of the next decade,” which would be several years behind Boeing’s own preliminary timeline.
FAA plans to issue a request for information (RFI) this week to the seven UAS test sites, after which it will choose some or all of the sites to conduct a UAS traffic management demonstration.
FAA plans to issue a request for information (RFI) this week to the seven UAS test sites, after which it will choose some or all of the sites to conduct a UAS traffic management demonstration.
Increased commercial passenger traffic and limited capacity will drive airport information technology spending to $4.6 billion by 2023, consultants at Frost & Sullivan said in a new report, with digitalization seen driving a transformative experience for flyers.
Forecasters at Northern Sky Research (NSR) said they expect to see a near-doubling of inflight-connectivity (IFC) revenue and 50% more aircraft with IFC capabilities this year.
Fast-growing LCC Wizz Air said its fleet had reached 100 aircraft, a milestone it celebrated by unveiling a special livery on one of its Airbus A321s in Budapest, where it is headquartered.
Air New Zealand expects that additional leased aircraft will enable it to fulfil its network plans despite having to ground some of its Boeing 787s due to engine problems.
China’s state propulsion company plans to develop an engine for the Craic CR929 Sino-Russian widebody airliner in part by scaling up the core of its CJ-1000 narrowbody engine.
Chinese private carrier Loong Air said it plans to buy a French widebody operator, which an industry source in China identifies as TUI Group’s Corsair.
The International Air Transport Association (IATA) and the African Airline Association (AFRAA) signed a memorandum of understanding (MoU) to deepen their cooperation.
The move pitches Boeing into head-to-head competition with the industry’s top two APU providers and takes the company’s aggressive cost-control strategy to a new level.
The move pitches Boeing into head-to-head competition with the industry’s top two APU providers and takes the company’s aggressive cost-control strategy to a new level.
IATA downgraded its 2018 profit forecast for the global airline industry, projecting airlines will collectively earn $33.8 billion this year, down 12% from the $38.4 billion profit predicted in Dec. 2017.
Embraer believes the first two E190-E2s flying with Norwegian regional airline Wideroe will bring strong sales momentum to the upcoming Farnborough Airshow in July.
Hawaiian Airlines is pleased with the performance of its initial Airbus A321neos and expects to have 11 of the aircraft by the end of this year, said CEO Peter Ingram.
