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.
[UPDATE] Fort Lauderdale-Hollywood (Florida) International Airport (FLL) reopened Saturday morning after Friday’s closure following the shooting that killed five people, but one terminal remained closed and thousands of bags need to be returned to passengers.
Turkish regional carrier BoraJet has been acquired by Istanbul-based investment group SBK Holding for $258 million, after it bought the shareholding of the airline’s founder Yalcin Ayasli.
Danish regional aircraft lessor Nordic Aviation Capital (NAC) has completed the acquisition of two ATR 42-600 and 23 ATR 72-600s from US-based Air Lease Corp. (ALC).
Johannesburg-based Solenta Aviation Holdings is to acquire 28% of African low-cost carrier (LCC) fastjet as part of a $48 million equity deal, which is expected to be finalized Jan. 24.
Fast-expanding low-cost carrier (LCC) Norwegian plans to take nine Boeing 787-9s and its first 737 MAX in 2017, using some extra capacity to add its first long-haul, low-cost flights between the UK and non-US destinations.
Vietnam Airlines (VNA) and its subsidiaries earned a consolidated pre-tax profit of $113.7 million in 2016, which represents a 140% increase on the previous year, according to the company’s initial estimates.
International Airlines Group (IAG) plans to set up what it describes as a new “next-generation, long-haul operation” based at Barcelona’s El Prat Airport from June.
Wilmington, Ohio-based Air Transport Services Group (ATSG), parent of cargo carriers ABX Air and Air Transport International, has acquired Tampa, Florida-based PEMCO World Air Services.
Air France-KLM has finalized the sale of 49.99% of catering firm Servair to Chinese conglomerate HNA Group and raised a further €201 million ($211.4 million) by selling a 1.13% stake in Amadeus.
China Eastern Airlines expects it will have transported 101.4 million passengers by the end of 2016, an 8.2% increase over the 93.7 million carried in 2015.
LATAM Airlines Group and Qatar Airways have completed their transaction in which the Middle East airline has taken a 10% stake in the Latin America group.
Delta Air Lines said Dec. 27 it had reached an agreement with Boeing to cancel an order for 18 Boeing 787s that the Atlanta-based airline assumed in 2008 as part of its merger with Northwest Airlines.
Emirates Airline, which saw a steep drop in profit its latest financials, is deferring delivery of six Airbus A380s from 2017 to 2018 and postponing delivery of another six A380s from 2018 to 2019.
Lufthansa subsidiary Austrian Airlines will expand European services with 46 additional frequencies in the 2017 summer flight schedule, effective March 26, 2017, using five wet-leased airberlin Airbus A320s.
