Korean Air is estimating a substantial annual loss for 2018, as revenue improvements were outweighed by currency depreciation costs and higher fuel prices.
Boeing is embedding more employees at factory sites of engine-maker CFM and its suppliers as the aircraft OEM tries to help its supply chain overcome narrowbody production rate ramp issues.
All Nippon Airways (ANA) has concluded there was no engine failure following a Jan. 17 incident in which both engines on a Boeing 787-8 shut down after it landed at Osaka International Airport, Japan.
Following Ryanair’s acquisition of Austria-based LaudaMotion, the Irish LCC sees the potential to add more airlines to its current group of three carriers.
Singapore sovereign wealth fund GIC has acquired an undisclosed minority stake in Danish regional aircraft leasing specialist Nordic Aviation Capital (NAC), finalizing a deal that was first announced in October 2018.
A Chinese company has applied to operate as a cargo airline based in the north-central city Zhengzhou, where the government is striving to build an air-freight industry.
China’s Hainan Airlines and its subsidiary carriers received CNY667 million ($99 million) in government support in 2018, primarily as subsidies for aviation services.
Hawaiian Airlines is planning to invest in a range of product and service initiatives in 2019, as it faces another year of competitive pressure in key markets.
Supersonic transports (SSTs) under development could produce substantial noise pollution throughout projected global route networks and pose major challenges for aviation carbon-emissions reduction efforts within two decades if new environmental standards are not introduced, an International Council on Clean Transportation (ICCT) study concludes.
The NTSB did not send investigators to the scenes of 15 aviation accidents involving 21 fatalities during the 35-day shutdown of U.S. government agencies that ended on Jan. 25.
The 35-day shutdown of U.S. government agencies “cut us deep” and set back FAA modernization projects, National Air Traffic Controllers Association (NATCA) President Paul Rinaldi said Jan. 29.
After nearly three years of studies and tests, China Eastern Airlines has introduced the country’s first radio-frequency identification (RFID) bag tracking service for its customers.
Irish LCC Ryanair has gained complete ownership of LaudaMotion with the acquisition of the 25% stake in the Austrian LCC held by its founder, former Formula 1 driver Niki Lauda.
All Nippon Airways (ANA) reported a profit decline for the nine months through Dec. 31, 2018, although it cited an improvement in the December quarter as a positive sign.
Scandinavian budget carrier Norwegian has announced plans to raise NOK3 billion ($353 million) through a rights issue in an attempt to increase liquidity in the absence of a strategic investor.
All Nippon Airways (ANA) Holdings has revealed some major investment moves, as it confirmed the purchase of a strategic stake in Philippine Airlines (PAL) and placed an order for 38 narrowbody aircraft from Boeing and Airbus.
Mitsubishi Aircraft’s U.S. subsidiary, filing a counterclaim in the lawsuit that Bombardier has brought against it, alleged unlawful anticompetitive behavior by the Canadian company.
