United Airlines has agreed to pay $2.4 million to settle civil charges related to a money-losing flight it operated to “curry favor” with former Port Authority of New York and New Jersey (PANYNY) chairman David Samson, according to a statement from the US Securities and Exchange Commission (SEC).
Irish regional airline CityJet has withdrawn from talks to acquire UK regional Stobart Air, formerly known as Aer Arann, saying the negotiations were taking too long.
Oneworld member airberlin, which announced the sale of 49.8% of its Austrian subsidiary FlyNiki to Abu Dhabi-based Etihad for €300 million ($320 million) Dec. 5, said the deal will deliver much-needed cash injection.
Norwegian Air International (NAI) has been granted approval to begin flights between Ireland and the US after a three-year process in which the US Department of Transportation (DOT) seemed reluctant to give the go-ahead despite being unable to find any legal reason to reject the application.
South African Airways (SAA), has taken delivery of its first of five new leased Airbus A330-300s, becoming Airbus’s first Southern African operator of the aircraft type.
Denmark-based charter airline Jet Time has discontinued its cargo and ACMI business units for SAS Scandinavian Airlines in an effort to save the carrier.
Turkish Airlines has taken eight Airbus A330-200s out of service as part of a sublease plan to cut costs following a net loss of $463 million in the first nine months of 2016, reversed from a net profit of $877 in the year-ago period.
Russia’s State Transport Leasing Co. (STLC) has placed an order for five Let L-410 aircraft with Russia’s Ural Works of Civil Aviation (UWCA), in a deal valued at RUB2 billion ($30.7 million) at list prices.
US industry trade organization Airlines for America (A4A) president and CEO Nicholas Calio praised the nomination of Elaine Chao to be Secretary of the US Department of Transportation (DOT) for the incoming Trump administration.
Central and Eastern European low-cost carrier (LCC) Wizz Air has concluded a sale and lease back deal with Bank of Communications and Financial Leasing (BoComm) for eight Airbus A320 family aircraft, and has finalized a previously announced operating lease deal with Singapore lessor BOC Aviation for two more of the type.
Hainan Airlines’ low-cost subsidiary Lucky Air plans to launch a low-cost carrier (LCC) in the Sichuan Province capital of Chengdu in an effort to explore the market potential of Southwest China.
Russia’s Aeroflot Group has reported a net profit of RUB43.8 billion ($693.5 million) for the first nine months of 2016 to Sept. 30, up significantly from RUB1.8 billion in the year-ago period.
