Less than a month after clearing the final regulatory hurdle in its bid for a 24% stake in Jet Airways, Etihad has announced the first stage of a major expansion in its Indian operations.
Standard & Poor’s Ratings Services has downgraded Qantas’ corporate credit rating to so-called “junk” status following the carrier’s surprise profit warning Thursday.
North Africa-based Air Algerie is on the verge of announcing three new aircraft orders, covering three regional aircraft, eight narrowbodies and three widebodies for delivery in 2015-16, plus evaluations have begun for two full freighters.
China’s Nantong Tongzhou Bay Aviation Industry has signed a letter of intent (LOI) to acquire 30 firm Bombardier Q400 aircraft, as it prepares to launch commercial airline operations in China through an airline to be named Sutong Airlines.
Southwest Airlines has acquired 12 takeoff and landing slots (for six roundtrip flights) at New York LaGuardia Airport (LGA) being divested by American Airlines as part of its merger with US Airways.
Qantas has warned it expects to make an underlying loss before tax of between A$250 million ($226 million) and A$300 million for the half year ending Dec. 31.
Hainan Airlines parent HNA Group has received approval from the Civil Aviation Administration of China (CAAC) to launch Urumqi Airlines in an effort to enhance its position in West China.
The global air cargo market is showing a “small improvement,” according to IATA’s global air freight report for October, with growth reported in all world regions, save Africa.
Russia’s Orenair and Nordwind Airlines cannot take delivery of leased aircraft because local aviation authorities have indicated they want the aircraft to be registered in Russia rather than Bermuda.
Kazakhstan-based Air Astana has taken delivery of the last of six new Airbus A320 family aircraft, with the latest aircraft the third to be equipped with sharklet wingtips and in a 16 business-/132 economy-class configuration.
Boeing has selected UK-based leisure carrier TUI Travel as a partner for the next part of its ecoDemonstrator program, which aims to accelerate creation and production of sustainable technologies for aircraft.
A special commission of Russia’s Federal Air Transport Agency, Rosaviatsia, has recommended authorities withdraw Tatarstan Airlines’ air operator’s certificate (AOC) following the deadly crash of a Tatarstan Boeing 737-500 at Kazan airport Nov. 17.
