Okinawa-based Japan Transocean Air (JTA), a member of JAL Group, has finalized an order for 12 Boeing 737-800s in an order valued at $1.1 billion at list prices.
Australia’s Darwin-headquartered Vincent Aviation—which operates a fleet of five Beechcraft 1900s, four SAAB 340s and one BAE 146-200 jet—has gone into receivership.
Russia’s UTair subsidiary, UTair Express, has unveiled the livery on its first of six Sukhoi Superjet 100LR (SSJ100LR) aircraft, ahead of its official delivery date in June.
In March, US scheduled passenger airlines employed 383,610 full-time workers, up 0.8% year-over-year, according to figures from the US Department of Transportation’s Bureau of Transportation Statistics (BTS).
The Australian Transport Safety Bureau (ATSB) said the underwater search area in the southern Indian Ocean where it has been focusing since detecting acoustic signals in early April can “now be discounted as the final resting place of [Malaysia Airlines] MH370.”
UK-based Odyssey Airlines, which plans to start all-business class services from London City Airport to New York in 2016, has widened its efforts to attract investor funding.
Global premium air travel demand weakened in March, growing 1.9% year-over-year, down from February’s 4.1% increase, according to IATA’s March Premium Traffic Monitor.
Aegean Airlines reported a first-quarter after-tax loss of €8.4 million ($11.5 million), narrowing the consolidated €13.2 million loss reported for the same period last year.
Norwegian Air Shuttle, parent of Norwegian Air International, has described as “outrageous” claims by flight attendants unions that its recruitment policies could undermine safety.
Lufthansa Group is looking to grow its presence in the China market by increasing frequency to key cities, potentially forging stronger ties with its Star Alliance partner Air China, and leveraging the Lufthansa brand that the Chinese associate with high quality.
On a calm and brightly lit meeting room overlooking Reykjavik’s downtown domestic airport, Icelandair Group president and CEO Björgólfur Jóhannsson reflects on the turmoil created when Iceland’s three major banks failed in quick succession in 2008.
The explosive growth experienced by the Brazilian airline industry at the beginning of this decade has cooled considerably, but Brazil is still one of commercial aviation’s most dynamic markets. Importantly, it is fast-rising Latin America’s largest market.
Denver-based Frontier Airlines has become the latest US airline to embrace the “ultra” low cost-carrier (ULCC) model, joining fast-growing Spirit Airlines and Allegiant Air.
