Safran and Zodiac Aerospace last week signed an agreement for the merger of Zodiac Aerospace into Safran, eight months after the success of the initial tender offer; integration between the two companies is already underway.
Delta Air Lines plans to launch daily nonstop flights between Ontario International Airport (ONT) and its Atlanta Hartsfield-Jackson International Airport (ATL) hub next April and move to double-dailies in June, further illustrating the growing California airport's resurgence as a gateway to the Los Angeles area.
British Airways (BA) said Oct. 19 it will make a multimillion-pound investment in staff training at its London Heathrow Airport hub, 10 months after a light snowfall there brought chaos to its services.
The FAA has modified areas in Eastern Ukraine that are off-limits to U.S. airlines and their foreign codeshare partners, citing stabilized security conditions in the region.
Iridium Communications is targeting Dec. 30 for the eighth and final Iridium Next launch, which would complete the new constellation of satellites supporting space-based tracking of aircraft and flight-deck broadband connectivity.
With air cargo traffic expected to double over the next 20 years, the global freighter fleet will need to expand by more than 70% to satisfy demand, to 3,260 aircraft in 2037 from the current 1,870, according to Boeing’s biennial World Air Cargo Forecast.
Air France has reached a pay agreement with ground staff and cabin crew unions, opening the path for the Air France-KLM group to move forward from a months-long labor conflict and focus on its long-term strategy.
Ryanair said it had signed an agreement with Portuguese pilots’ union SPAC covering seniority and base transfer agreements for its employee pilots and paving the way for negotiations on a full collective labor contract to begin before the end of October.
While political tensions have been affecting Korean Air’s traffic in some markets, the carrier eventually could see benefits from improving international relations, said its president, Walter Cho.
Boeing continues its cautious talk on whether it will launch a new mid-market aircraft (NMA), reiterating that it must still establish a business case.
Final second-quarter airline financial data indicate a drop in airline profitability compared to the year-earlier period. And while industry-wide cash flows have improved this year overall, there are significant differences among regions, according to IATA’s Airline Financial Monitor, released on Oct. 17.
Russia’s Federal Air Transport Agency has issued a type certificate for the PD-14 turbofan engine that will power the new MC-21 narrowbody airliner. The first three powerplants will be delivered by year-end to MC-21 manufacturer Irkut Corp.
MRO provider Monarch Aircraft Engineering (MAEL) has finalized the terms of its new ownership structure, with a transaction in which UK investment group Greybull Capital has become its owner.
Cypriot carrier Cobalt Air collapsed after its 49% Chinese shareholder pulled out and a replacement investor failed to come through with the necessary money.
While demand remains strong for Asia-Pacific airlines, yield improvement is still lagging behind fuel price rises, according to the region’s main industry group.
