Indonesia flag-carrier Garuda Indonesia is reportedly hoping to tempt Middle East carriers to subscribe to its rights offer exercise by leveraging on the country’s large Hajj pilgrimage population.
U.S. central bank leaders who set interest rate targets for large banks are warning about pain ahead for the economy. It is a price they are willing to pay to get history-making inflation under control, one of their core mandates.
Some in the aviation industry heralded ICAO’s endorsement of the Long Term Aspirational Goal (LTAG), but critics assert the aviation sector is dragging its heels in fighting climate change.
Norse Atlantic Airways has no fuel hedges in place and Icelandic LCC PLAY is only hedged to 30%, exposing the airlines to differing levels of fuel-price volatility over the weaker European winter months.
The start-up airline plans to shrink its network this winter and cut the number of aircraft operating by a half in anticipation of a challenging season.
The Allied Pilots Association says it will not support giving Boeing more time to certify its final two 737 MAX family variants if the manufacturer does not meet a year-end deadline linked to flight deck system requirements.
Parker Hannifin has plenty of opportunity to change and improve Meggitt operations while still upholding promises Parker made to the UK government to sustain core Meggitt operations in the country, Parker leaders told Aviation Week.
Mesa CEO Jonathan Ornstein is holding out hope that his company’s new pilot development program could help the industry recover from an ongoing regional pilot shortage but has no illusions about the magnitude of the challenge at hand.
Startup Northern Pacific Airways is planning to take four Boeing 757-200s before year-end, initially operating them to Mexico before launching services to Asia in the new year.
Wizz Air sees deployment opportunities for “significantly more” than the 47 Airbus A321XLR aircraft it currently has on firm order, the airline’s President Robert Carey told attendees at the World Aviation Festival.
The global commercial fleet will grow at an average annual clip of 3.5% through 2032 on the strength of 21,700 deliveries, while retirements will peak in 2027, a new Aviation Week forecast reveals.
Regional aircraft lessor ACIA Aero Leasing plans to expand its relationship with express delivery provider DHL Express by converting a batch of ATR turboprops into freighters.
