Aircraft leasing giant International Lease Finance Corp. (ILFC) filed a registration statement Friday with the US Securities and Exchange Commission to launch an initial public offering that will pave the way for it to largely break away from troubled parent American International Group.
The Romanian government approved a plan to partially privatize Tarom. The airline was not included among a list of state-owned entities the government said earlier this year it would privatize, though the carrier's privatization has been speculated about for some time.
US President Barack Obama called on Congress to pass a "clean extension" of FAA funding when it returns from its August recess next week, urging lawmakers to "stop the political gamesmanship" that led to a partial shutdown of the agency in late July/early August.
US President Barack Obama called on Congress to pass a "clean extension" of FAA funding when it returns from its August recess next week, urging lawmakers to "stop the political gamesmanship" that led to a partial shutdown of the agency in late July/early August.
The Romanian government approved a plan to partially privatize Tarom. The airline was not included among a list of state-owned entities the government said earlier this year it would privatize, though the carrier's privatization has been speculated about for some time.
Satellite communications provider Inmarsat GX selected Rockwell Collins to develop, produce and distribute user terminals and provide support for Inmarsat’s future Global Xpress aeronautical services.
All Nippon Airways (ANA) officially applied Wednesday to Japan's Legal Affairs Bureau to establish its planned joint venture LCC with AirAsia to be called AirAsia Japan.
Oxford Aviation Academy (OAA) has forged a five-year training agreement with Olympic Air to provide Bombardier Q400 training solutions and simulator facilities at OAA’s training centre at Arlanda Airport in Stockholm. The agreement also includes options for Dash 8-100 training, which will be offered and made available in late 2011 through OAA’s Norwegian training facility based in Oslo.
US FAA proposed a $298,500 civil penalty against Capital Cargo International Airlines (CCIA) for allegedly operating eight Boeing 727-200 freighters in 2008 and 2009 "when the aircraft were not in compliance with federal aviation regulations," the agency stated.
Tiger Airways Holdings Ltd. appointed acting CEO Chin Yau Seng as the airline’s permanent CEO, effective Nov. 1. Chin, a former Silk Air CEO, been with the Singapore Airlines Group more than 15 years. Chin will succeed Tony Davis, who leaves the airline Nov. 1. Air Berlin appointed Marcus Puffer as manager of loyalty and partnerships Department. He will take up his post Nov. 1. Air Austral has taken delivery of the first of two Boeing 777-200LRs it has on order.
Peru’s Ministry of Transport and Communication grounded Peruvian Airlines for safety reasons Aug. 18 for 90 days, according to the Aviation Safety Network (ASN).
China Southern Airlines (CZ) reported a net profit of CNY 2.755 billion ($531.6 million) for the first half of this year, up 32.71% over the CNY 2.076 billion earned last year.
Aer Lingus launched a new app and mobile website on which customers can plan and review flight details, check in, receive travel alerts, check real-time flight information and make a booking. The app is available for iPhone or Android as well as for Blackberry and Nokia phone users. Mobile and app check-in is available on routes between Dublin and London Heathrow, Gatwick, Manchester and Birmingham, and scheduled to be fully rolled out network-wide over the next couple of months.
US passenger airlines' capacity will be down 0.5% year-over-year in the fourth quarter after rising just 1.1% year-over-year in the third quarter, the US Air Transport Assn. (ATA) said Wednesday.
BCD’s Travix acquires hotel booking site GBTA will push ‘transparency’ for LH credit card fee Travelport application creates graphical-cryptic ‘hybrid’ desktop Amadeus launches partner network of IT providers Orbitz for Business, StarCite launch meetings channel In Focus: RateGain aims to be your outsourced IT department World news briefing 10
The latest initiative in IATA's drive to take costs and complexity out of the airline industry is slated to go live next month, but an alarming number of carriers are unprepared, according to Neela Bhattacherjee, head of Kale Consultants' airlines strategic business unit. The Simplified Interline Settlement program aims to dispense with the 160 tons of paper invoices and supporting documents that are shipped annually among airlines around the world each year to support the industry's interline billing and settlement process.
SuperJet International signed an MOU for a "SuperCare" agreement with PT Sky Aviation for after-sales support of its fleet of 12 SSJ100 aircraft. It will provide the carrier with customized spares availability and maintenance/repair solutions of onboard equipment for 10 years. Finnair Engine Services inked a four-year engine maintenance and repair agreement with Rossiya Airlines, which covers the CFM56-5B engines on Rossiya’s Airbus A319/320 aircraft.
The Australian Consumer and Competition Commission (ACCC) has issued draft approval for the Joint Business Agreement (JBA) between Qantas and American Airlines for Pacific routes between the US and Australia/New Zealand and the networks that support those routes.
News from Travel Technology Update: The latest initiative in IATA's drive to take costs and complexity out of the airline industry is slated to go live next month, but an alarming number of carriers are unprepared, according to Neela Bhattacherjee, head of Kale Consultants' airlines strategic business unit.
New US Dept. of Transportation (DOT) regulations aimed at providing "protections" for airline passengers went into effect Tuesday, boosting compensation for involuntarily bumped passengers and imposing a 4-hr. tarmac delay limit on international flights at US airports.
The Australian Consumer and Competition Commission (ACCC) has issued draft approval for the Joint Business Agreement (JBA) between Qantas and American Airlines for Pacific routes between the US and Australia/New Zealand and the networks that support those routes.
