Etihad Airways, is looking at more investments in other airlines, as it continues to increase its network through organic growth and strategic partnerships. The airline is currently engaged in three major transactions – the acquisition of 24 % of India’s Jet Airways, a 49% stake and management contract in Air Serbia, and increasing equity in Virgin Australia from 10% to a target of 19.9%.
Scandinavian low-cost carrier Norwegian Air Shuttle has confirmed reports it has summoned Boeing management representatives to Oslo later this week to address reliability issues that have dogged the carrier’s two new Boeing 787 Dreamliners.
Las Vegas-based low-cost carrier Allegiant Air expects to need at least another week before its flight schedule is disruption-free and its entire MD-80 fleet is available as it works to get the model’s evacuation slides in compliance with manufacturer recommendations.
Delta Air Lines and Virgin Atlantic Airways plan to operate a “harmonized schedule between New York JFK and London Heathrow” starting March 30, 2014, after receiving final antitrust clearance from the US government to launch a transatlantic joint venture (JV).
American Airlines and US Airways have each agreed to extend the outside date at which either party may terminate the previously announced agreement and plan of merger, in light of the trial schedule surrounding litigation with US Department of Justice.
African low-cost carrier Fastjet is hoping to start domestic airlines in Nigerian and South African in 2014 following the launch of its international operations, which are slated to begin Friday.
Former Manchester Airports Group (MAG) CEO Geoff Muirhead has resigned from the UK government-appointed Airports Commission, also known as the Davies Commission, in response to pressure from the Stop Stansted Expansion (SSE) campaign.
Under the auspices of its International Aviation Safety Assessments (IASA) program, FAA has upgraded Ukraine’s safety rating to Category 1 from Category 2.
Las Vegas-based low-cost carrier Allegiant Air announced today it will immediately pull nearly half its fleet out of service to re-inspect the emergency slides on its MD-80 aircraft.
The US Department of Justice’s lawsuit against the proposed merger of American Airlines and US Airways is based on faulty reasoning, the head of IATA told the Wings Club in New York Thursday.
Transaero Airlines has reported a first-half net profit of RUB464.03 million ($14.69 million), up 69% compared to the year-ago period. First-half revenue rose 18% to RUB45.51 billion.
Following the agreement between Ryanair and Manchester Airport Group (MAG) to grow passenger traffic through Stansted Airport, the UK Civil Aviation Authority (CAA) has said it will defer making final proposals on future regulation for Stansted from Oct. 3, 2013 to April 1, 2014.
Source: ATW Research Passenger, RPK and FTK figures are Year-to-Date, except where noted * International only 1. January – July 2. January – June 3. Includes Regional operations 4. Combined American Eagle, Executive Airlines and American Connection 5. Combined traffic for SkyWest Airlines and ExpressJet Airlines 6. YTD from 4/26/13 7. Subsidiary of IAG 8. Combined British Airways, Iberia and Vueling
Lufthansa has announced a highly anticipated order for 34 Boeing 777-9Xs and 25 Airbus A350-900s, plus 30 options, to renew its future long-haul fleet.
