The spotlight is not only ready to shine on the World Cup in Latin American next year; it is also beginning to shine on the Latin American aviation market. The global aviation market is starting to wake up to the size of the opportunity in the Latin America, which was again highlighted by the latest figures from Airbus and IATA.
UK pension fund Universities Superannuation Scheme (USS), one of the largest pension schemes in the UK, is set to acquire a 49.9% non-controlling stake in The Airline Group, which is a 41.9% shareholder in UK air navigation services provider NATS.
Russia’s Red Wings Airlines, which relaunched flights in June, has moved from Moscow Vnukovo to Domodedovo Airport and reopened scheduled flights to the Russian cities of Ufa, Yekaterinburg, Mineralnye Vody, Makhachkala and Krasnodar.
Rapid air traffic growth in Indonesia is leading to infrastructure constraints and congestion that pose a bigger threat than low-cost carrier (LCC) competition, the head of Garuda Indonesia said Friday.
Rostekhnologii (Rostec) subsidiary TVK Russia has announced an investment contest for airport development at Ramenskoye Airfield to create a new airport for low-cost carriers (LCCs).
Russia may ask for seventh freedom rights between points in the Czech Republic and other European Union (EU) member states for fulfilling the agreed-upon principles of modernizing trans-Siberian routes.
Delta Air Lines and Virgin Atlantic have announced plans to align their schedules from next summer and co-locate some services at Heathrow’s Terminal 3.
Overall worldwide airport passenger traffic increased 4.1% year-over-year in September, down 0.7 point from August, Airports Council International (ACI) has reported.
The Thames Estuary Research and Development Co. (TESTRAD) has unveiled plans for a London Britannia Airport—a six runway, 24-hour airport complex proposed for development in the Thames Estuary.