Although rapidly rising oil prices are causing short-term pain for many airlines, yields will inevitably improve to compensate, said the head of the Association of Asia Pacific Airlines.
The redeveloping market for ultra-long-haul flights is “a good opportunity for our customers,” Boeing Commercial Aircraft VP-marketing Randy Tinseth said.
Airbus expects to have produced around 100 A320neo family aircraft by the end of June that will not be able to be delivered because they are awaiting engines.
A series of maintenance situations with Sukhoi Superjets operated by an ACMI supplier to Brussels Airlines produced a rash of cancellations in the latter half of May, but the operator of the grounded aircraft has denied media reports they were caused by a shortage of spare parts.
Global airline passenger traffic growth remained strong in April, with traffic demand up 6.2% year-over-year (YOY) as capacity rose 5.9%, leading to an 82.3% passenger load factor—the third record-setting monthly load factor in a row, according to IATA’s Air Passenger Market analysis released May 31.
Air New Zealand and Qantas have revealed plans to begin codesharing in each other’s domestic markets, following Air New Zealand’s impending split with Virgin Australia.
FAA will no longer use RTCA as an official federal advisory committee, changing a relationship with the influential standards entity that dates to 1976.
El Al posted a net loss of $44 million for the first quarter, widened from a net loss of $33 million in the 2017 March quarter, and cited rising jet fuel prices as a reason for the increased deficit.
Global air cargo demand grew 4.1% year-over-year (YOY) in April, recovering from a 23-month low in March but showing increasing signs that trade growth worldwide may be weakening as protectionist measures accelerate worldwide, according to IATA’s Air Freight Market analysis released May 30.
The U.S. Congress should remove language from draft FAA reauthorization legislation calling for research into single-piloted cargo aircraft, the Air Line Pilots Association (ALPA) said.
WASHINGTON—The U.S. and UK are reportedly nearing the completion of a new Open Skies agreement, as the two countries look to ensure a smooth transition for transatlantic aviation post-Brexit.
Southwest Airlines will expand services at its Dallas Love Field (DAL) hub, as well as both New York LaGuardia (LGA) and RWashington National (DCA) airports in the East and both Denver International (DEN) and San Jose International (SJC) airports out west, including several new nonstop routes, as part of a spate of service changes set for this winter.
Central and Eastern European LCC Wizz Air’s net profit for its 2017-18 financial year ended March 31 rose 22.1% year-over-year to hit €275 million ($322.4 million), exceeding its guidance.
Ryanair CEO Michael O’Leary has said only a “tiny” number of passengers are connecting with Spanish carrier Air Europa, but he is expecting a new deal with fellow Irish carrier Aer Lingus to be the “acid test” for the model.
Deterioration of the Swedish kroner against other currencies, a longer, colder-than-normal winter and rising fuel prices were among the factors that affected Scandinavian Airlines (SAS) in the first half of its 2017-18 financial year, the airline said May 30.
