LATAM Airlines Group, buffeted by rising fuel costs and weak currencies, saw its net income decline by 67% to $52.9 million for the third quarter (3Q), compared with the same period last year.
Airport industry group ACI Europe is calling for “long overdue” air traffic management (ATM) reform, including better integration of airspace and ground infrastructure to ease disruptions, following a summer marked by air traffic control (ATC) strikes that caused widespread flight delays and cancellations.
Oneworld member American Airlines and China Southern Airlines have agreed to a deeper cooperation, 13 days after the Chinese carrier said it would leave SkyTeam.
The preliminary report into the Oct. 29 of a Lion Air Boeing 737 MAX 8 crash confirms that the pilots struggled with the automatic trim as it responded to faulty inputs, although they appear not to have activated the cut-out switch for this system.
United Technologies Corp. (UTC) closed on its record-making $30 billion acquisition of Rockwell Collins Nov. 26, and announced it will spin off non-aerospace business units Carrier and Otis Elevator Co. and become a pure-play, potentially $50 billion Tier 1 aerospace parts, engines and services provider.
Infrastructure improvements, tax and fee cuts, and regulation reform in Colombia would increase the airline industry’s economic benefits to the country, IATA officials said at the Aviation Day conference in Bogota.
LCC Norwegian plans to expand its penetration of the South American market with services from London Gatwick to Rio de Janeiro’s Galeão International Airport.
Southwest Airlines, looking to solidify and potentially improve upon a projected 3% unit-revenue increase in 2019 amid costs rising at the same rate, has increased fares in most US domestic markets by $2-$5.
Major uncertainty continues across the European air transport industry about the impact of the UK’s pending split from the European Union (EU), and clauses on aviation within a new Brexit political declaration provide little reassurance.
TAP Air Portugal CEO Antonoaldo Neves still sees strong benefits from an alliance membership even though many airlines are choosing to establish joint ventures (JVs).
Slovenia’s Adria Airways signed a letter of intent (LOI) to acquire 15 Sukhoi Superjet 100s (SSJ100s) via a long-term lease arrangement and signed an MOU with Sukhoi Civil Aircraft Co. (SCAC) to establish a joint MRO operation at Ljubljana Airport.
Industry officials expect US and UK negotiators to reach agreement on a new Open Skies agreement in the next round of negotiations taking place Nov. 28 in Washington DC, but ownership and control regulations remain a concern.
While data from the US Department of Transportation (DOT) shows improvement in airline customer service over the past decade, passenger complaints to the agency have increased over 10% during the same period, according to a recent report from the US Government Accountability Office (GAO).
All Nippon Airways (ANA) has revealed new details of its plans for its initial Airbus A380s, which will replace other aircraft types on existing Honolulu routes in stages from May 2019.
Boeing continues to provide airlines more details on the MAX family’s stall-protection systems and carriers are sharing the information with their pilots, reiterating that even if elements of the systems are new, troubleshooting procedures have not changed.
A political declaration agreed by the UK and European Union (EU), setting conditions for how they will work after the Brexit separation, calls for an air transport agreement to ensure continued connectivity for airlines within the European trade bloc.
Airbus will give the market more concrete guidance on the proposed A321XLR in 2019, an aircraft Airbus Commercial Aircraft president Guillaume Faury said can “change the industry.”
Air France plans to reduce its 10-strong Airbus A380 fleet by returning at least two— and potentially all—of the five leased A380s the carrier operates.
Airbus is confident the A330neo will gain “more traction” in the market once airlines were able to verify the aircraft’s in-service performance, now that TAP Air Portugal has taken delivery of the first A330-900.
