Hong Kong flag carrier Cathay Pacific is reportedly preparing for a business overhaul that could include job cuts, cost savings and shifting flights to its short-haul unit Cathay Dragon.
Irish low-cost carrier (LCC) Ryanair is adding nine routes from London Stansted for summer 2017, which could lead to further aircraft being based at the airport.
UK aero-engine manufacturer Rolls-Royce has reached “in principle” a deferred prosecution agreement (DPA) with the UK’s Serious Fraud Office (SFO) that will see the company paying financial penalties amounting to £671 million ($809 million).
Scandinavian regional airline Widerøe has been named as the previously undisclosed customer for three firm Embraer E190-E2s in a deal valued at $873 million at list prices if purchase rights on a further 12 E2 family aircraft are firmed.
Saudi Arabian hybrid carrier flynas has ordered 80 Airbus A320neo family aircraft and taken purchase rights on a further 40. At list prices, the order is worth $8.6 billion.
At least 31 people aware killed and more injured when a Turkish Boeing 747 freighter crashed into a village near Manas airport in Kyrgyzstan late evening US eastern time Jan. 15.
Worldwide air freight traffic increased 6.8% year-over year (YOY) in November 2016, moderating from October’s 8.4% YOY growth, which was a 20-month high, according to IATA’s November Air Freight Market analysis.
Eurowings Europe, which is adding 33 wet-leased airberlin Airbus A320s to its fleet by the end of April, said the additional aircraft will create operational challenges for the Lufthansa Group low-cost subsidiary (LCC).
Southwest Airlines chairman and CEO Gary Kelly said this week’s executive suite shuffle at the Dallas-based carrier does not mean his successor has been appointed or that he will be ceding responsibility for the company’s direction anytime soon.
Omani startup Salalah Air is planning a move from its original equipment of light aircraft and 19-seater regional turboprops to jets about a year after it starts services.
Delta Air Lines CEO Ed Bastian said there is a “pretty good list” of issues airlines look forward to raising with the incoming Trump administration, including making the case that Gulf airlines operating to the US are improperly subsidized.
Delta Air Lines posted a 2016 net profit of $4.4 billion, down 3% from net income of $4.5 billion in 2015, as higher labor costs drove a slight decrease in earnings.
As of January 11, 2017, average list prices for Airbus and Boeing commercial aircraft; with passenger seating capacity, cargo tonnage capacity and aircraft flight range.
Indian low-cost carrier (LCC) GoAir has finalized an order for 72 A320neos, firming up a memorandum of understanding (MOU) that was signed during the 2016 Farnborough Airshow.
Italian national carrier Alitalia has been asked to present the Italian government with a detailed business plan agreed with creditors, banks and shareholders within the next few weeks as it again faces significant financial losses.
Asian airlines’ international air cargo traffic for November increased 5.3% year-over-year (YOY) to 6.1 billion FTKs, a 1.3% rise in FTKs from October, according the Association of Asia-Pacific Airlines (AAPA).
Thirty-one Chinese carriers are expected to receive CNY987.6 million ($143 million) in subsidies for operating regional routes in 2017, according to the Civil Aviation Administration of China (CAAC).
[UPDATE] The US Federal Bureau of Investigation (FBI) has confirmed the Fort Lauderdale-Hollywood (Florida) International Airport (FLL) shooter was an arriving passenger who used a handgun from his checked baggage.
