The coming year will see continuing expansion of Oman Air’s fleet and network, as it seeks to increase its input to the Omani economy, the carrier will announce at its annual internal conference.
Dublin-headquartered leasing giant AerCap leased, purchased and sold a total of 458 aircraft in 2016 and signed $4.6 billion in financing transactions.
Latvia is aiming to bring in a strategic investor for airBaltic before the end of 2017, building on the 20% stake that was acquired in early 2016 by German investor Ralf-Dieter Montag-Girmes.
Irish low-cost carrier (LCC) Ryanair will lodge a formal complaint against Lufthansa’s plans to wet lease 38 aircraft from its German competitor airberlin.
American Airlines has introduced a basic economy fare option as part of the Dallas/Fort Worth-based carrier’s effort to better compete with ultra low-cost carriers, such as Spirit Airlines and Frontier Airlines.
United Airlines parent United Continental Holdings reported a full-year 2016 net profit of $2.3 billion, down 69.2% from net income of $7.3 billion in 2015.
Abu Dhabi-based Etihad Aviation Group and German holiday company TUI Group will reportedly name the planned European leisure airline group FlyNiki, a source involved in the negotiations told ATW.
Rapidly expanding Lufthansa Group low-cost (LCC) subsidiary Eurowings reportedly plans to add SunExpress Germany to its portfolio as it aims to quickly reach a competitive size in the European LCC market, a source involved in the project told ATW.
For Brazilian manufacturer Embraer's commercial aircraft, consolidated 2016 orders, deliveries and cancellations -- updated through the 2016 fourth quarter.
Russia’s Aeroflot Airline has filed for bankruptcy of its Orenburg-based Orenair and Rostov-on-Don-based Donavia subsidiaries, according to documents filed in Orenburg and the Rostov region’s commercial courts this month.
Switzerland-based airberlin subsidiary Belair could be closed down by the end of March, the company has informed employees according to several media reports in Switzerland.
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.
