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Hanover, Germany-based TUI Group expects the Boeing 737 MAX grounding will cost the company €200 million ($225 million) if flights can be resumed by mid-July at the latest.
Amazon Air, continuing its fleet expansion and adding flexibility, is adding at least five Boeing 737-800Fs to its network through a revamped deal with Atlas Air Worldwide Holdings.
Vietnam start-up airline Bamboo Airways is preparing to sign a deal with Airbus to purchase A321neos, a key step in its ambitions to develop a fleet of Airbus narrowbodies and Boeing widebodies.
Training provider CAE has signed a new five-year agreement with long-haul, low-cost carrier AirAsia X to train pilots on the Airbus A330, the company announced Mar. 28.
An appellate body of the World Trade Organization has upheld European and Airbus claims that the U.S. side of an ongoing airliner manufacturing subsidies dispute failed to withdraw subsidies granted by Washington state, which Airbus proponents assert has helped lead to $15-20 billion in harm.
Despite showing respectable growth in both carriage and revenue, Air China group’s 2018 net profit growth slowed to 1.33% year over year (YOY), to ¥7.34 billion ($1.07 billion). This is against the backdrop of increased fuel prices, and weakened Chinese currency.
Italian railway company Ferrovie dello Stato (FS) said it needs to look more closely into defining a sustainable business strategy for Alitalia, the bankrupt airline it is negotiating to take over with Delta Air Lines as a likely partner.
A sweeping business review by Air New Zealand has resulted in a cost-cutting plan that will include aircraft delivery deferrals, although the carrier has also unveiled a new international destination and widebody cabin upgrades.
New Caledonia-based airline Aircalin said it would start operating the Airbus A330neo in July. Two of the type are set to join its fleet this year, helping the airline’s development and that of the islands where it is based.
Russia’s MC-21 narrowbody aircraft program is moving forward, as officials confirmed the successful test of a new wing for the airliner made from Russian composites while certification trials have sped up the introduction of the third prototype.
FAA retained oversight of the Boeing MAX’s new maneuvering characteristics augmentation system (MCAS) early on in the aircraft’s certification process, but later delegated it to Boeing once the agency was confident the company had the expertise to manage it, FAA acting administrator Dan Elwell told a Senate hearing Mar. 27.
Key changes to the Boeing 737 MAX’s MCAS will incorporate more redundancy into the aircraft’s much-scrutinized flight-control law and give pilots ultimate elevator authority by limiting the degree of nose-down stabilizer command which the automated system can trigger, the company confirmed Mar. 27.
Despite a record-breaking year in terms of passenger numbers, Montenegro Airlines foresees another challenging year, president Nikola Vukićević said Mar. 27.
The AirAsia X Group is considering launching routes to both Europe and the U.S. West Coast over the next two years, using its initial deliveries of Airbus A330neos.
A spike in flight cancellations linked to several unrelated issues will drive Southwest Airlines’ year-over-year first-quarter (Q1) 2019 non-fuel unit costs up 10%, or 4% higher than its previous guidance, and will cost the carrier about $150 million in lost revenue, the airline revealed Mar. 27.
