Canary Islands regional airline Binter Canarias has placed a firm order for six ATR 72-600s for its fleet renewal valued at just under $150 million at list prices.
Finnair has reported full-year net profit of €11 million ($15.1 million) for 2013, up 5.1% year-over-year, due to the company’s April 2013 sale of its entire holding of shares in Norwegian Air Shuttle ASA (which brought in €34 million).
Indonesian Aerospace (IAe) is embarking on the development of a 19-seat turboprop, the N219, which could compete with the Viking Twin Otter and China’s Harbin Y-12F.
Singapore-based developer Gallant Venture and Indonesian flag-carrier PT Garuda Indonesia have signed an MOU to turn Bintan Airport, Indonesia, into a major aviation hub.
Etihad Airways and Airberlin will step up their equity partnership by doubling the weekly total of flights between Berlin and Abu Dhabi to double-daily, starting Oct. 26.
Lufthansa, which is accelerating its fleet modernization program, has taken delivery of its 10th Boeing 747-8 Intercontinental, slated to go into service by the end of February.
Chinese cargo carrier SF Airlines has inked a deal with ST Aerospace for five Boeing 757-200SF passenger-to-freighter conversions, with an option for three more aircraft.
European budget carriers Ryanair and Wizz Air have become the latest airlines to relax restrictions on the use of personal electronic devices (PED) on takeoff and landing.
Chinese carriers are expected to transport 1.5 billion by 2030 due to the rapid growth of China’s domestic low-cost airline (LCC) industry, according to the Civil Aviation Administration of China (CAAC).
Russian investigators have not been able to identify why a Kazakhstan-based SCAT Airlines Bombardier CRJ200 crashed on approach to Almaty Airport in January 2013, killing all 16 passengers and five crew members.
Ethiopian Airlines is poised to order 20 narrowbodies within six months, which could see it upgrade to Boeing 737 MAXs or switch from its all-737 narrowbody fleet to a dual fleet with the introduction of Airbus A320neos.
Icelandair posted a net profit of $56.4 million for 2013, up from $44.3 million for the previous year and “considerably better” than projected at the start of the year, president and CEO Björgólfur Jóhannsson said.
Flight attendants and pilots from the US and Norway are joining forces in a bid to ensure that Norwegian Air International (NAI), the Irish-based long-haul subsidiary of Norwegian Air Shuttle, does not “bypass international labor laws” when it comes to recruiting crew.
Global passenger traffic grew 5.2% year-over-year in 2013, effectively aligning with the average annual growth rate of the past 30 years, IATA announced in its Air Passenger Market Analysis report.
