Russian aircraft manufacturer Irkut may be riding high from the recent test flight of its second MC-21 prototype, but credit raters at Moody’s Investors Service are bringing the company back to Earth with a downgrade of its credit worthiness.
WASHINGTON—Dan Elwell, FAA’s acting administrator, called for the agency to embrace innovation and emerging technology by forming partnerships with industry and entrepreneurial organizations.
Delta Air Lines plans to resume nonstop flights between the U.S. and Mumbai in 2019, the Atlanta-based carrier said May 24, citing the recent Open Skies diplomatic understandings between the U.S. and the governments of the United Arab Emirates (UAE) and Qatar.
Although only one Asia-Pacific air navigation service provider (ANSP) has committed to use the Aireon space-based surveillance service, more contracts from this region are expected soon.
The AirAsia group almost doubled its first-quarter net profit to MYR1.1 billion ($276.3 million), boosted mainly by the sale of assets, but also fueled by higher passenger volume.
Las Vegas-based ultra-LCC Allegiant Air and its flight dispatchers, represented by the International Brotherhood of Teamsters (IBT), reached a tentative agreement May 22 on a five-year contract, the first ever for Allegiant’s 34 dispatchers. Negotiations for the contract began in 2017.
The Dutch-led Joint Investigation Team (JIT) examining the shooting down of Malaysia Airlines Flight MH17 said the surface-to-air missile system that took down the aircraft did belong to the Russian armed forces.
Pre-tax earnings for U.S. passenger airlines fell 27%—down approximately $700 million year-over-year (YOY)—in the first quarter of 2018, as fuel, labor, airport and aircraft expenses outpaced revenue growth, according to an industry overview by Airlines for America (A4A).
At the African Aviation Finance conference in Johannesburg, South Africa, Bombardier Commercial Aircraft reflected on the development of the African Regional Aircraft market, stating that it was seeing a surge in demand in Africa for pre-owned aircraft.
Performance margins built into Karem’s Butterfly quad-tiltrotor eVTOL have allowed Uber to show its aerial-ride-sharing requirements can be met with available battery technology.
Saudi Arabian LCC flyadeal is considering an interim order of aircraft to increase its fleet in the near term while it mulls its decision on a major order for around 50 narrowbodies.
American Airlines has more than 2,000 applicants for its just-launched Cadet Academy pilot pipeline program, and plans to accept 200 candidates this year.
Rising fuel prices may ground some older aircraft if airlines cut capacity, but most airlines are putting off the decisions until after the peak summer season.
HNA’s Fuzhou Airlines is preparing to introduce Embraer E2 E-Jets into service, said an industry source, almost two years after the company signed an unannounced MOU to acquire 20 E190-E2s.
BEIJING and MOSCOW—The Sino-Russian Craic CR929 widebody airliner has grown during development and now requires greater thrust than envisaged before the program’s launch last year. The aircraft, comparable with the Airbus A330-900 in a 2015 concept design, is now larger.
In a sign that European air traffic management centers are gradually adopting new methods to streamline traffic, the Bordeaux area control center (ACC) in France has been using a more flexible system since March to allocate airspace to military and civil aircraft.
