In August, full-time equivalent employment at US scheduled passenger airlines reached a seven-year peak, according to the Bureau of Transportation Statistics.
FedEx has received an informal notification from the European Commission, effectively clearing its €4.4 billion ($4.9 billion) TNT Express takeover bid.
Mexican ultra-low-cost carrier (ULCC) Volaris reported an MXP1.15 billion ($67.4 million) net profit during the 2015 third-quarter. Compared to the airline’s MXP347 million take in the 2014 third-quarter, the company more than tripled its profit.
The Association of European Airlines (AEA) has secured approval for its 2016 budget, although its future is still to be decided following several high-profile member airline exits.
The pilots of FedEx Express, represented by the Air Line Pilots Association (ALPA), approved a new contract with FedEx Corp. management that goes into effect in November and will extend to 2021.
Lufthansa’s flight attendant union, UFO, has announced the latest round of talks between the airline and cabin crew workers has failed, and further strike actions could be possible.
IATA is making “strong progress” toward implementing the New Distribution Capability (NDC) initiative that is developing a set of common standards for presenting and distributing airline tickets and products, with the first set of NDC messages approved.
Donghai Airlines plans to launch an initial public offering (IPO) in May of 2016 on the Shanghai Stock Exchange in an effort to fund its rapid fleet expansion.
The global airline industry is on a path toward financial sustainability, but will need to become more efficient and use new processes if it is to cope with the forecast doubling of passengers carried annually in 20 years, the head of IATA warned Tuesday.
Atlasjet Ukraine and UTair Ukraine airlines have asked Russia’s Federal Air Transport Agency, Rosaviatsia, for permission to launch services between Russia and Ukraine in IATA winter season 2015/2016.
The need for installed IFE systems onboard airliners will disappear as personal smart devices proliferate and connectivity services broaden, the head of Qatar Airways believes.
Hawaiian Airlines parent Hawaiian Holdings reported a third-quarter net profit of $70 million, nearly doubling net income of $35.6 million in the 2014 September quarter.
Singapore Airlines (SIA) group is consolidating its network among its subsidiaries, with long-haul low-cost offshoot Scoot adding one of its Boeing 787s to an existing Tigerair schedule to Guangzhou, China.
AirBaltic CEO Martin Gauss has sought reassurance from Bombardier on the future of the CSeries program following the breakdown of partnership talks between Airbus and Bombardier.
United Airlines parent United Continental Holdings has named EVP and general counsel Brett Hart acting CEO following president and CEO Oscar Munoz’s heart attack.
Austrian Airlines is expanding services into North America and is considering adding a US Customs and Border Protection (CBP) preclearance facility to its base at Vienna International Airport, Austrian CCO Andreas Otto told ATW in Miami.
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.
Investment firm Platinum Equity has completed its acquisition of Worldwide Flight Services (WFS), the world's largest cargo handler, from LBO France for an undisclosed sum.
