Russia’s United Aircraft Corp. (UAC) said it expects to end the year with a revenue of RUB180 billion ($5.8 billion), UAC president Mikhail Pogosyan said.
Jordanian charter operator Petra Airlines will switch to primarily scheduled services and become the Middle East nation’s first low-cost carrier (LCC).
FedEx reported net income of $438 million for its fiscal second quarter ended Nov. 30, down 12% from a net profit of $497 million in the prior-year period.
Etihad Airways has acquired 70% of Air Berlin’s topbonus frequent flyer program (FFP) for €200 million ($263.7 million), further strengthening their partnership.
Indonesian authorities have confirmed that human error caused the Sukhoi Superjet 100 (SSJ100) crash in May during a demonstration flight near Jakarta.
Star Alliance CEO Mark Schwab said the alliance model is still working, even though many airlines are strengthening their positions through codesharing and partnerships.
Mxi Technologies announced its Maintenix version 8 is now available commercially. The software offers an HTML5 line maintenance application to synchronize maintenance tasks, MELs and ETOPs requirements; systematically factored planning functions; and an updated interface design.
IATA has raised its 2013 net profit outlook for the world’s airlines by almost $1 billion based on improved financial performances in the second and third quarters.
Jeppesen has appointed Mark Long as regional director, customer service, Middle East business aviation, and he is at MEBA to introduce himself to customers.
First-time exhibitor Care by Air (stand 530) is hoping to make the most of MEBA's platform to interact with business aviation companies and promote humanitarian efforts.
Jorge Colindres, CEO of San Marino Aircraft Registry (stand 425) and Marco Conti, San Marino civil aviation director, yesterday cut the ribbon to confirm their partnership for the country's new aircraft registry.