Sonar equipment being used in the search and rescue operation for the Indonesia AirAsia Airbus A320 operating flight QZ8501 has detected two large objects on the ocean floor that may be aircraft wreckage, AirAsia said Jan. 3.
Jet fuel prices, now at $1.422 per gallon, haven't been this low since the week of May 11, 2009 (at $1.467 per gallon). 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.
Dragon Aviation Leasing has taken delivery of the first four of ten Boeing 737-800 Next Generation aircraft the Beijing-based lessor has on order -- a ‘previously unidentified customer’ transaction valued at $933 million at current list prices. The aircraft were delivered in December.
French safety bureau BEA (Bureau d'Enquêtes et d'Analyses pour la sécurité de l'aviation civile) is to join the search efforts for black box flight recorders from the missing Indonesia AirAsia A320 in the Java Sea.
On the Cover 18 2015 Airline Industry Forecast Maintain the course. Airlines focus on sustaining and growing profitability. By Karen Walker 21 Forecast - North America By Aaron Karp 23 Forecast - Latin America By Aaron Karp 26 Forecast - Asia By Karen Walker
The Aircraft Tracking Task Force (ATTF) set up in the wake of the disappearance of a Malaysia Airlines Boeing 777-200 in March has issued its report with recommendations to improve continuous tracking of airliners.
Lessor GE Capital Aviation Services (GECAS) has signed a firm purchase agreement for five Bombardier Q400 NextGen aircraft plus option on 10 more of the regional turboprops, the Canadian manufacturer announced Dec. 31.
AirAsia Group CEO and other management visited the military base in Pangkalan Bun, Indonesia, Dec. 31 to meet with those involved in the search and rescue operations for the victims of AirAsia Indonesia QZ8501 that crashed into the sea.
Air Malta, the island nation’s government-owned flag carrier, was facing serious liquidity issues in 2010 that threatened its very future. Its importance to the island’s economy meant the airline could not be allowed to fail.
Swiss International Air Lines (SWISS) must become more “flexible, efficient and competitive,” CEO Harry Hohmeister told ATW on the sidelines of the Association of European Airlines (AEA) summit in Istanbul.
Turkish Minister of Transportation, Maritime and Communication Lütfi Elvan is a strong advocate for commercial air transportation, which generates more than 180,000 jobs and $23.8 billion revenue in Turkey annually.
Work has begun to track down fellow passengers of a Scottish health care worker, who was diagnosed with Ebola after returning from Sierra Leone with Royal Air Maroc and British Airways (BA).
Banjul-based Gambia Bird Airlines, which launched in Oct. 2012 in partnership with German carrier Germania, has suspended its operations until further notice.
Etihad Airways has signed a codeshare agreement with Aerolíneas Argentinas that will help fill out the Abu Dhabi-based carrier’s network in one of the few areas of the world where it is still poorly represented.
