The wide search for the Malaysia Airlines Boeing 777-200 continues into its fifth day since it went missing in the early hours of March 8, but there are still no indications as to the aircraft’s whereabouts or what happened to cause it to disappear.
SpiceJet, a low-cost carrier based in India, has announced an order for 42 Boeing 737 MAX 8s. The order, previously listed as unidentified on the Boeing Orders & Deliveries website, is valued at $4.4 billion at list prices.
Higher than expected oil prices have prompted IATA to push down its 2014 global industry outlook by $1 billion, but airlines are still expected to deliver a second consecutive year of improved profitability.
Airlines fell well short of the industry’s goal of achieving 20% penetration of the e-air waybill (e-AWB) in 2013 as cargo struggles to match the passenger side of the business in going “paperless.”
Saudi Arabian low-cost carrier flynas will launch its first mid-haul services from Jeddah this spring, using three leased Airbus A330s to serve a range of destinations in Europe, Asia and Africa.
Saudi Arabian hybrid carrier flynas is considering a flotation and is hoping to renegotiate its firm order for 20 Airbus A320s, plus 18 options, in favor of either A330s or A350s.
Rescue teams trying to locate the missing Malaysia Airlines Boeing 777-200 have further expanded the search area beyond the aircraft’s planned flight path as authorities look at the possibility of an attempt made by MH370 to turn back to Subang.
FedEx founder, chairman and CEO Frederick Smith said the “air cargo golden age”—characterized by decades of strong, consistent global airfreight traffic growth—has passed.
US National Transportation Safety Board chairman Deborah Hersman has resigned, effective April 25, to take up a position as president and CEO of the National Safety Council.
Aeromexico will enhance its cooperation with Canada’s WestJet to add connectivity to more destinations in Mexico and Canada with more competitive fares.
Budget carrier Norwegian Air Shuttle has cautioned that its latest Boeing 787s could be delayed by up to a few weeks after hairline cracks were discovered in the wing ribs of some in-production Dreamliners.
