Revenue-generating numbers touted by OEMs for airliner cabin modifications are not necessarily produced in reality, a senior executive at Singapore-based low cost carrier Tigerair cautioned.
The UK government has taken the “precautionary step” of delaying flights that had been scheduled to fly from Sharm el-Sheikh, Egypt to the UK the evening of Nov. 4, citing new “information” from the investigation into the Metrojet Airbus A321 that crashed in the Sinai Peninsula Oct. 31.
From Boeing's 2015 Current Market Outlook report, 20-year projections for economic and traffic growth, plus needed new aircraft to accommodate the projections, for the world's regions.
This table shows the current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
Wizz Air posted a net profit of €182.1 million ($204.7 million) for the six months ended Sept. 30, up 15.2% compared to a net profit of €158 million for the year-ago period.
Finnair has finalized a deal to sell 60% of Nordic Regional Airlines (Norra), formerly known as Flybe Nordic, to Finnish investors StaffPoint Holding and Kilco Oy for €1 ($1.09).
China Southern Airlines reported net income of CNY5.75 billion ($901.8 million) for the first nine months of 2015, more than tripling its net profit of CNY1.83 billion in the year-ago period.
Russia’s Emergency Control Ministry (EMERCOM) has increased the search area in Egypt’s Sinai Peninsula from 30 sq km to 40 sq km where Metrojet’s Airbus A321 crashed Oct. 31.
Latvia has approved plans to sell 20% of airBaltic to German businessman Ralf Dieter Montag-Girmes for €52 million ($57 million) and agreed to invest a further €80 million in the airline directly.
WestJet reported a third-quarter net profit of C$101.8 million ($75.9 million), nearly double net income of C$52.2 million in the 2014 September quarter.
A cargo aircraft has crashed immediately after takeoff Nov. 4 from Juba International Airport, South Sudan, with up to 40 people dead both in the aircraft and on the ground, according to multiple news media reports.
A Boeing 737-400 of Pakistan-based Shaheen Air suffered landing gear problems at Lahore airport Nov. 3, causing the gear to collapse and the aircraft to veer off the runway
The Dynamic Airways Boeing 767-200 that caught fire Oct. 29 on an airport taxiway has been discovered by investigators to have a main fuel supply line problem.
ICAO has clarified the legal framework governing the roles and responsibilities of states, airlines and international organizations relating to risks to civil aviation.
S7 Group co-owner Vladislav Filev—who bought 51% of Transaero shares right before authorities pulled its air operator’s certificate—has pulled out of the deal.
Egyptian aviation authorities will take the lead in the investigation of the Metrojet Airbus A321 crash, which occurred Oct. 31 in Egypt’s Sinai Peninsula shortly after takeoff from Sham el-Sheikh airport.
Belgian maritime group Compagnie Maritime Belge (CMB), which is a 51% shareholder in Dublin-based ASL Aviation Group, has registered an interest in taking on TNT Express’ airline activities.
Jakarta's Soekarno-Hatta International Airport will cut aircraft throughput from a current peak of 72 movements per hour to around 60 per hour because of a shortage of air traffic control (ATC) staff.
Japan Airlines (JAL) reported a net profit of ¥103.3 billion ($856.9 million) for the six months through Sept. 30, an increase of almost 30% from the prior year.
Royal Jordanian has appointed a former chief commissioner of the country’s Civil Aviation Regulatory Commission (CARC) as interim president and CEO, following the resignation of Hathim Misto from the joint role.
