Las Vegas-based Allegiant Travel Co., parent of LCC Allegiant Air, reported $194.9 million in net income for 2017, an 11.2% decrease from $219.6 million in 2016.
JetBlue Airways and Toyota are among investors plowing a total of $100 million into startup Joby Aviation to take its five-seat electric vertical-takeoff-and-landing (eVTOL) air taxi into pre-production and certification.
Following an internal delay that also is under review, the National Transportation Safety Board said it is investigating the Dec. 29 taxiway landing of a Horizon Air Bombardier Dash 8 turboprop at Pullman-Moscow Regional Airport in Washington state.
The public prosecutor’s office in Paris has launched an investigation into the Sept. 30 uncontained engine failure on an Air France A380, a judicial source told Aviation Daily.
Primera Air plans to launch a route from London Stansted Airport to Washington Dulles International Airport in August, as it taps into the growing demand for low-cost transatlantic flights.
Strong demand for manufacturing exports stoked the airfreight sector to its best performance in seven years, as global cargo traffic grew 9% year-over-year (YOY) in 2017, according to the IATA December “Air Freight Market Analysis,” released Jan. 31.
ANA Holdings, the parent company of All Nippon Airways, Peach Aviation and Vanilla Air, expects profits at its two LCC affiliates to grow at their fastest until 2022, as the carriers continue to expand.
Iran Air has received two more of the 20 ATR-72s it ordered last year. The seventh and eighth aircraft arrived at Tehran’s Mehrabad airport on New Year’s Eve. (Pictures by Shahram Sharifi )
EgyptAir has signed a firm order agreement with Bombardier for the purchase of twelve CS300s along with purchase rights for a further twelve of the type, reports ch-aviation.
The International Air Transport Association (IATA) has announced global passenger traffic results for 2017 showing that demand (revenue passenger kilometers or RPKs) for the year ended 31 December rose 7.6% compared to 2016.
Rapid progress in neuroscience-based ergonomics, more effectively factoring in the weaknesses and strengths of the human brain, may help put the pilot back in the loop.
Investors in helicopter and airplane maker Textron registered their disappointment with the company’s 2017 performance Jan. 31, trimming share prices by 2.5% in regular trading.
Boeing remains in “active” and “productive” discussions with Embraer and the Brazilian government over a potential alignment of the two aircraft manufacturers, the chief executive of the Chicago-based aerospace giant said Jan. 31.
What will the effect of the recent U.S. International Trade Commission’s (ITC) rejection of Boeing’s case against Bombardier be on the airframers’ business prospects? Not much, according to initial reactions by Wall Street analysts.
The International Federation of Air Traffic Controllers’ Associations and European Organization for Civil Aviation Equipment have signed a memorandum of understanding for strengthened cooperation on air traffic management equipment standards.
French low-cost long-haul carrier French Blue has changed its name to French Bee to avoid legal problems after U.S. airline JetBlue Airways objected to its name.
The aircraft’s evacuation limit, based on the new Airbus Cabin-Flex (ACF) layout, stands at 250 passengers, but it is currently only available for up to 240 passengers.
Nearly three years of contentious negotiations between ULCC Spirit Airlines and its pilots may be nearing an end, as the carrier’s flight-deck crews prepare to vote on a tentative agreement for a new, five-year contract.
The European Space Agency (ESA) has selected Airbus as prime contractor to develop the next iteration of the European Geostationary Navigation Overlay Service (EGNOS).
Analysis by ForwardKeys, the company that helps forecast future travel by analysing around 17 million flight booking transactions a day, reveals that flight bookings for travel to the Middle East and Africa grew by 10.5% in 2017 and that growth is set to continue in the first quarter of 2018, as bookings are currently 11.2% ahead of where they were at this time last year.
