Worldwide air passenger traffic grew 5.9% year-over-year in 2014, exceeding the 10-year average growth rate (5.6%) and besting 2013’s YOY growth performance (5.2%), according to IATA,
Antwerp International Airport will see its renovation begin this year. Operator French engineering group Egis plans to build a new departure hall instead of the one existing in the airport building.
Despite being sanctioned by the authorities for flight delays over the Christmas period, Filipino LCC Cebu Pacific Airways (Cebu) is planning to extend its flight schedules, primarily on international routes.
Cumulatively, global air freight volumes grew 4.5% in 2014, a strong improvement over 2013’s year-end figures—when the market exhibited just 1.4% growth over the previous year—according to IATA’s December 2014 Air Freight Market Analysis.
Avianca Holdings, the Latin American airline power that has been studying the Airbus A320neo and Boeing 737 MAX in advance of a much-anticipated large narrowbody order, has signed a memorandum of understanding (MOU) with Airbus to order 100 A320neo family aircraft.
Taiwan’s Civil Aeronautics Administration (CAA) has ordered Taiwanese airlines TransAsia Airways and Uni Air to ground their ATR 72s and conduct engine inspections on the turboprops following the Feb. 4 crash of a TransAsia ATR 72-600 in Taipei.
Etihad Airways has acquired 75% of Alitalia’s MilleMiglia frequent flyer program (FFP), valued at €112.5 million ($129. Million), marking its third loyalty scheme stake.
[UPDATED] A TransAsia Airways ATR 72-600 has crashed into a river in Taipei, with at least 30 people reported dead. The incident occurred shortly after takeoff from Taipei’s Songshan Airport just before 11am local time Feb. 4.
Phoenix-based regional Mesa Airlines—which operates as American Eagle and US Airways Express—has reached an agreement in principle with Montreal-based Bombardier to buy seven new CRJ900 NextGen aircraft to operate under a long-term capacity purchase agreement with a major US airline.
Emirates Airline president Tim Clark has given a strong endorsement for continuing US Open Skies policy and said his airline has never received financial subsidies or bailouts.
Wizz Air is hoping to raise €150 million ($170.7 million) from a fresh initial public offering (IPO) attempt after aborting plans to float on the London Stock Exchange last June.
WestJet earned net income of C$284 million ($224 million) in 2014, up 5.7% over a net profit of C$268.7 million in 2013, and was in the black for the 39th quarter in a row in the fourth quarter.