The Australian Transport Safety Bureau (ATSB) is studying whether missing Malaysia Airlines Flight MH370 may have been navigating between waypoints in the southern Indian Ocean when the aircraft’s satellite communications system last exchanged “handshakes” with an Inmarsat satellite and ground station in Perth, Australia, as it descended, most likely after running out of fuel.
Shanghai-based low-cost carrier Spring Airlines has suspended plans to launch an initial public offering (IPO) on the Shanghai Stock Exchange to raise funds for fleet expansion.
India’s Jet Airways group has reported a consolidated loss of Rs 42 billion ($689 million) for the financial year April 2013 to March 2014, widened from Rs 7.7 billion in the prior-year period.
Emirates Airline will operate 50 Airbus A380-800s by the end of June and will add an additional frequency to its Paris Charles de Gaulle service, Emirates SVP-commercial Europe and Russia Federation Thierry Aucoc confirmed to ATW.
Three leading flight attendants’ unions have joined forces to lobby the US Department of Transportation (DOT) to deny Norwegian Air International’s (NAI) application for a foreign air carrier permit.
This chart represents the most recent 13 months, displayed as percent changes from the previous year, for Scheduled Passenger Airline Full-time Equivalent Employees* by Airline Group. Source: US Dept. of Transportation Footnotes: * Full-time Equivalent Employee (FTE) calculations count two part-time employees as one full-time employee. ** Includes network, low-cost, regional and other carriers. Other carriers generally operate within specific niche markets, i.e. Hawaiian Airlines and Sun Country Airlines.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. Figures are released every two weeks by the U.S. Energy Information Administration.
Luxembourg-based cargo carrier Cargolux reported a 2013 annual net profit of $8.4 million, reversed from a $35.1 million net loss in the year-ago period.
Turkey’s fast-expanding low-cost carrier (LCC) Pegasus Airlines recorded a first-quarter net loss of TL104.5 million ($50.2 million), widened from a deficit of TL6.3 million in the year-ago quarter.
Irish low-cost carrier Ryanair will lease extra capacity over the summer season to accommodate increasing passenger numbers before its new Boeing aircraft arrive in September.
Qatar Airways, one of the Gulf’s “big three” carriers, has become fully state-owned after the nation’s sovereign wealth fund bought out private shareholders.
Central and Eastern European low-cost carrier Wizz Air has announced plans to float shares on the London Stock Exchange in an initial public offering (IPO).
Chinese carriers reported a collective net income of CNY200 million ($32.4 million) in April, down 84% compared to a net profit of CNY1.25 billion year-over-year.
Indian low-cost carrier (LCC) IndiGo has widened its lead on domestic routes in April with a 31.6% market share, according to data released by the Directorate General of Civil Aviation.
