Qatar Airways Group CEO Akbar Al Bakar has confirmed his interest in a strategic joint business partnership in Africa’s Royal Air Maroc (RAM), which was unveiled in May 2015.
US industry chiefs lauded former JetBlue Airways CEO Dave Barger Thursday when he was presented with the 2016 L. Welch Pogue Lifetime Achievement Award, awarded by the International Aviation Club (IAC) of Washington DC and Aviation Week & Space Technology.
Memphis-based FedEx Corp. expects to spend $300 million in its 2017 fiscal year to cover capital expenditures and integration costs related to its acquisition of Netherlands-based TNT Express, which closed May 24.
Chinese conglomerate HNA Group is aiming to become Airbus and Boeing’s biggest customer within 10 years and is seeking to move from fourth to third place among global lessors.
International Airlines Group (IAG) CEO Willie Walsh believes airline alliances would not exist if the aviation industry was not so restricted by ownership controls.
Chinese conglomerate HNA Group, which has recently acquired a number of aviation businesses, is open to further purchases as it seeks to become a global Fortune 100 company.
Kazakhstan flag carrier Air Astana is eyeing a double listing for an initial public offering (IPO) in 2018, with one in Kazakhstan and one in London, Hong Kong or Singapore.
Belgian regional VLM Airlines has confirmed it has filed for bankruptcy. “All flights are canceled with immediate effect,” VLM said in a statement June 22.
The rate of change in scheduled passenger airline full-time equivalent employment by airline group, displayed as year-over-year percentage growth or losses. Differential changes for each of the last 13 months are shown.
Air Lease Corp. (ALC) has appointed John Plueger as president and CEO, effective July 1, as current CEO Steven Udvar-Házy assumes the role of executive chairman of the board, a full-time officer role.