Air Transport

KOREAN AIR had KRW424.5b net income on KRW3,864b revenues in 3Q23 vs KRW431.4b on KRW3,668 in 3Q22.

EGYPTAIR ordered 10 A350-900s for delivery in 2025-2027 for expansion.

AERCAP announced secondary public offering of up to 30.7m (incl. option) of its remaining shares held by GE Capital, of which it is proposing to spend $500m to repurchase ordinary shares at same price being purchased by underwriters.

US DOT reports US airlines carried 83.1m pax in August 2023, up 8.4% vs August 2022, but down 0.8% vs Aug 2019.

ABELO, Dublin ordered 10 more ATR 72-600s and optioned 10 and now has 20 on order for delivery through 2028.

OMAN AIR announced order/redelivery of its first 737-800BCF (35108); STAECO performed modification work.

BUDGETLINES, Thailand leased second 737-800BCF (33551; ex-Ryanair) from BBAM for operation for BLUORBIT.

The decision not to institute the first phase of cuts appears to have been driven by pressure from the U.S. government and the European Union.

At the last ICAO assembly, which took place in autumn 2022, ICAO’s members agreed to a long-term aspirational goal (LTAG) for net-zero carbon emissions by 2050.

However, the airline continues to watch developments closely as it prepares to nearly double its E2 fleet over the next year.

The former CEOs of Airbus and BBA Aviation—Tom Enders and Margaret Billson, respectively—are joining the board of directors of GE Aerospace.

Boeing entered November with 305 737 program deliveries in 2023, putting it 70 short of reaching its recently revised full-year target of at least 375.

Since its transition to a ULCC began in 2018, Minneapolis-based Sun Country airlines has forged its own path within that space.

Emirates Airline President Tim Clark has effectively ruled out an order for A350-1000s if Rolls-Royce does not come up with major improvements to the Trent XWB-97 engine, including a significant thrust increase.

Vietnam Airlines’ membership means all major flag-carriers of the Association of Southeast Asia Nations (ASEAN) are in AAPA, less Myanmar, Cambodia, and Laos.

Singapore Airlines (SIA) group has set itself a goal to replace 5% of its total conventional jet fuel with sustainable aviation fuel (SAF) by 2030.

Malaysia Airlines is operating the new routes to ATQ and TRV twice weekly with Boeing 737-800 aircraft.

Riyadh Air will need “a few more weeks” to decide on a large order for narrowbodies, a senior airline executive says on the sidelines of Dubai Airshow.

Ethiopian Airlines CEO notes its latest order emphasizes its confidence in the improvements Boeing has made to the 737 MAX following the fatal crash the carrier suffered in 2019.

Mexican carrier Aeromexico will connect RDU nonstop to Mexico City, becoming the first airline to operate the route.

Propulsion and thermal management developer Reaction Engines and hydrogen fuel-cell system developer Cranfield Aerospace Solutions have built on their existing ties.

The new 5,739-mi. (4,987-nm) route between Haikou and Auckland will launch in December.

The opening day of the Dubai Air Show proved to be a bonanza for manufacturer Boeing as major order flooded in from across the region totalling close to $100 billion.

Etihad Airways has celebrated its 20th anniversary with a illumination of the iconic Burj Khalifa in Dubai featuring a spectacular light and sound show.

Emirates announced during the Dubai Air Show a US$950 million investment to build a new ultra-modern engineering facility at Dubai World Central (DWC).