The Arbitration Court of the Dagestan Republic has declared the bankruptcy of Dagestan Airlines, more than a year after Russian authorities withdrew the Makhachkala-based carrier’s air operator’s certificate at the end of 2011.
Air Namibia will lease two new Airbus A330-200s from US lessor Intrepid Aviation, replacing two Airbus A340s, which are due to leave its fleet in October.
Independent holiday charter Small Planet Airlines has signed lease agreements with Aircastle and CIT Aerospace to lease three A320-220s as it continues its fleet renewal program.
Ethiopian Airlines has outlined plans to quadruple its Ethiopian Aviation Academy annual student intake by 2025 as part of its Vision 2025 strategic plan.
When Alex de Gunten took over as executive director of the Latin American and Caribbean Air Transport Association (ALTA) 10 years ago, Latin America “was seen as an appendix of the world from an aviation perspective."
Air Malta has more than halved its losses for the first quarter of FY2013/14, narrowing a deficit of €10.6 million ($14 million) for the year-ago period to €4.9 million for the April-June period this year.
Aeroflot has created a subsidiary named Taiga Airline, which was created by merging two Russian Far Eastern airlines, Vladivostok Avia and SAT Airlines.
Spring Airlines has applied to launch a low-cost carrier (LCC) in Japan, becoming the first Chinese carrier to set up a joint venture (JV) outside China.
Hard on the heels of its memorandum of understanding (MOU) to help modernize China’s air traffic management (ATM) system, Airbus has signed another MOU to extend its cooperation in aviation safety with the Civil Aviation Administration of China (CAAC) for a further five years.
Lithuanian start-up Air Lituanica has taken delivery of an Embraer E-175 from Embraer subsidiary ECC Leasing, marking the second addition to its fledgling fleet.
Icelandair is tapping a new Canadian air traffic agreement to add new links from Reykjavik to Edmonton and Vancouver in 2014, which it will serve using three additional Boeing 757s.
Negotiations toward a “potential combination” between UK-based BBA Aviation and “certain parts” of Dubai Aerospace Enterprise (DAE) have collapsed without a deal.
The world’s airlines posted a cumulative second-quarter net profit of $2.2 billion, a major improvement from the $622 million net loss reported in the year-ago quarter.
Scandinavian low-cost carrier Norwegian Air Shuttle is expanding its long-haul network with the addition of Boeing 787 services to Los Angeles, Oakland-San Francisco and Orlando, plus a new Copenhagen-New York route, from spring 2014.
The European Union will soften its stance on including international aviation in its Emissions Trading scheme (ETS) in a bid to help ICAO secure agreement on a global plan at the 38th ICAO General Assembly later this month.
