An Air Niugini Boeing 737-800 crashed into a lagoon on Sept. 28 when attempting to land at Chuuk Island in the Federated States of Micronesia, with all passengers and crew evacuated safely.
South African Airways (SAA) has dismissed local media reports that it plans to sell off parts of its business to raise funds after banks declined to loan the cash-strapped airline more money.
Russia’s State Transport Leasing Co. (STLC) plans to introduce an IT system developed by Connected Aircraft Enterprise (CAE) that will allow the lessor to monitor its fleet online.
The low-cost carrier (LCC) market share in Africa’s 53 nations will remain at low levels as long as costs and taxes continue to be the highest worldwide, African Airlines Association (AFRAA) Secretary General Abderahmane Berthé said.
Asia-Pacific passenger demand is continuing to expand steadily, although the year-on-year growth in cargo demand is beginning to ease, the region’s major airline group said.
Europe’s largest regional airline has begun an initiative to bring more women into aviation, in the same week as the UK’s pilots’ union expressed fears that rising costs increasingly mean that only the wealthy can become flightdeck crew.
Icelandic LCC WOW Air has closed a €60 million ($70.4 million) bonds issue and started preparing for an initial public offering (IPO) within the next 12 to 18 months.
Revitalized Air Italy has reported strong summer season passenger loads on its new flights to the US and has announced frequency increases on several of its international routes.
Lufthansa is preparing to take over planning and control of Eurowings’ long-haul network, as the subsidiary’s role in the segment evolves, company sources say.
Aircraft lessor Goshawk Aviation has completed the acquisition of Sky Leasing’s Irish subsidiary, Sky Aviation Leasing International (SALI), adding 51 aircraft to its portfolio.
Ryanair shareholders backed all resolutions at its annual shareholders’ meeting, easing some pressure on the Irish LCC, but sending a clear signal of discontent about how management has been handling a labor relations crisis by re-electing its chairman with a much smaller majority than before.
The German airline of Lithuania’s Small Planet Group has launched insolvency proceedings, but the company said it has permission to continue German and Dutch flight operations while it restructures.
Emirates Airline president Tim Clark said managing the impact of rising fuel prices is the biggest challenge for the Dubai-based carrier, which is seeing an annual fuel bill of $10 billion that will continue to rise as prices go up.
Qatar Airways slumped into the red in its last financial year, recording a net loss of QR251.6 million ($69.1 million) after what the airline described as “the most challenging year in its 20-year history.”
Brussels Airlines is considering whether to move its wet-lease arrangement from Ireland’s CityJet, following longer-than-anticipated delays in solving technical problems with its Russian-built Sukhoi Superjet 100s (SSJ100s).
New Canadian ultra LCC Jetlines recently submitted its operations manuals to Transport Canada, completing the next major step in its bid to launch services next year.
