[CORRECTED] A United Airlines Boeing 787 flight from Houston to Newark diverted to New Orleans Tuesday morning when one of its six electric generators failed.
The Maldives government has terminated a $511 million contract awarded to Bangalore-based GMR Group in 2010 for the upgrade, expansion and operation of Male International Airport. The government said the agreement was “legally invalid,” a decision GMR is disputing.
Virgin Atlantic Airways won its bid to take all 12 pairs of London Heathrow remedy slots demanded by the European Commission following the takeover by International Airlines Group of British Midland. The giving up of slots was a condition of the takeover deal; IAG also owns British Airways.
New African low-cost start-up Fastjet confirmed it is in negotiations to buy 1time Airline, the South African LCC that went into liquidation last month.
Defunct UK low-cost carrier bmibaby, which ceased operations in September, decided to shut down instead of accepting takeover bids from financially insecure purchasers.
Freight giants TNT and United Parcel Service (UPS) have submitted a series of remedies to the European Commission (EC) in a bid to secure regulatory approval for their merger.
American Airlines has asked a US bankruptcy court to extend the period during which it has the exclusive right to file a plan for emerging from Chapter 11 reorganization.
Malaysia Airlines has reported a third-quarter net income after tax of MYR37 million ($12.1 million), resulting in a small operating profit of MYR4 million for the period. This reverses an operating loss of MYR192 million for the year-ago period.
