Russia’s United Aircraft Corp. (UAC) will need a RUB300 billion ($4.8 billion) capital injection “to complete the financial restructuring,” Rostec Corp. CEO Sergey Chemezov said in a meeting with Russian President Vladimir Putin July 22.
Icelandair Group has sold a 75% stake in Icelandair Hotels and related real estate to Berjaya Property Ireland, a subsidiary of Malaysia-based Berjaya Land Berhad.
IATA is closely monitoring the potential aviation impact of an Ebola outbreak in the Democratic Republic of Congo (DRC), reiterating World Health Organization (WHO) guidance that air connectivity should be maintained.
The heads of unions representing North American pilots and aviation workers gave US lawmakers a rundown of their top safety-related legislative priorities at a hearing of the US House Aviation Subcommittee on July 18.
Airbus has urged A321neo operators to implement a temporary center-of-gravity (CG) limitation to eliminate an already-remote risk of an excessive pitch-up condition while it finalizes a software update that addresses the issue.
China Southern Airlines is joining the trend toward provincial and local government investment in Chinese commercial air transportation, accepting capital from authorities in and around its home base, Guangzhou.
The pilots that flew an Air Niugini Boeing 737-800 into a lagoon on final approach to Micronesia’s Chuuk International Airport (TKK) in September 2018 did not follow standard operating procedures (SOPs) or respond to numerous terrain-warning alerts, a final report on the fatal accident found.
Italian infrastructure group Atlantia is set to join the consortium of investors led by railway company Ferrovie dello Stato (FS) to rescue Alitalia, paving the way to relaunch the Italian flag carrier, more than two years after filing for bankruptcy.
Dallas/Fort Worth-based American Airlines and Australian flag carrier Qantas have received final approval from the US Department of Transportation (DOT) to operate a joint venture between the US and Australasia.
The Malaysian High Court in Kuala Lumpur has ordered AirAsia and AirAsia X to pay operator Malaysian Airport Sepang (MA Sepang) MYR40.73 million ($9.9 million) in unpaid passenger service charges after ruling in favor of the national airport operator.
Egyptian Minister of Civil Aviation Younes Elmasry expressed his frustration in a July 21 statement in response to the British Airways (BA) decision to suspend flights to Cairo International Airport for seven days.
Hong Kong flag carrier Cathay Pacific Airways has completed the acquisition of LCC HK Express, which is now a wholly owned subsidiary of the oneworld member.
CEOs of several major US carriers and Qatar Airways met with President Donald Trump and Vice President Mike Pence July 18 to discuss accusations that Qatar and the United Arab Emirates (UAE) have been unfairly subsidizing their respective state-sponsored airlines.
Aeromexico is leaning on its government to reverse a decision that grants Dubai-based Emirates Airline fifth-freedom rights between Mexico City and Barcelona, and is pledging to emphasize its own new service on the route to demonstrate its commitment, CEO Andrés Conesa said.
London’s Gatwick Airport has received a largely positive response to development plans over the next 15 years, with public support for making greater use of existing facilities.
Taiwan’s EVA Air will start flying to Italy’s Milan Malpensa (MXP) Feb. 18, 2020, making it the first European destination that the airline has added in 20 years, after Amsterdam, London-Heathrow, Paris and Vienna.
Alaska Airlines’ 900 Airbus and Boeing aircraft technicians, represented by the Aircraft Mechanics Fraternal Association (AMFA), have ratified a transition agreement and an integrated seniority list.
