Italian national carrier Alitalia will have to agree on a sustainable, long-term recovery plan, rather than a “quick fix” injection of funds to attract support from major shareholder Air France-KLM, ATW understands.
UK regional carrier Flybe has lashed out at the spiraling cost of removing problem components from aircraft, only to later discover they were actually serviceable.
Icelandair will decide on whether to nearly double the size of its in-house maintenance facilities or to outsource more work to third-party providers by year end.
Air New Zealand (ANZ) will conduct a proving flight Oct. 5 from Auckland to McMurdo Sound in the Antarctic, using a Boeing 767-300 aircraft, with the aim of establishing charter operations on behalf of Antarctica New Zealand.
IATA’s global air freight report for August conveys “continued modest improvements,” with air cargo growth up 3.6% year-over-year, an improvement on July’s 1.1% year-over-year growth.
[CORRECTED STORY FROM OCT. 1] Garuda Indonesia and regional aircraft lessor Nordic Aviation Capital (NAC) have been revealed as the previously undisclosed customers for 25 ATR 72-600s, plus 10 options.
An article posted Oct. 1 on ATWonline.com and in the ATW Daily News incorrectly stated that regional aircraft lessor Nordic Aviation Capital (NAC) has placed a new, firm order for 25 ATR 72-600s, plus 10 options.
American Airlines and US Airways won two victories Tuesday in their battle against the US Department of Justice (DOJ) over the carriers’ proposed merger: another attempt by DOJ to delay the trial was rejected and the Texas attorney general withdrew from DOJ’s lawsuit.
Regional aircraft lessor Nordic Aviation Capital (NAC) has placed a firm order for 25 ATR 72-600s, plus 10 options, valued at more than $840 million at current list prices.
Republic Airways Holdings has entered into a definitive agreement to sell Denver-based Frontier Airlines to Indigo Partners, which is led by former Spirit Airlines chairman Bill Franke.
Fastjet’s Tanzanian low-cost operation has posted a $13.3 million trading loss for the six months ended June 30, contributing to a $39.5 million operating loss at group level.
Despite its financial problems, LOT Polish Airlines has continued with its fleet renewal program, taking its fifth Boeing 787 in July and operating the aircraft on transatlantic flights from August.
The Aleman family founded Interjet in 2005 and the fast-growing carrier is now the country’s second-largest airline behind Aeromexico with a 28% market share and a fleet of 41 aircraft, including two Sukhoi Superjet 100s placed into domestic service in September. It is the only Western airline operating the SSJ100.
