Air France is nearing a deal with its workforce in a months-long pay dispute following negotiations between the new Air France-KLM group CEO Ben Smith and the French airline’s unions.
A Panamanian investment company has purchased the outstanding shares of former Uruguayan flag carrier Pluna Lineas Aereas Uruguayas and, through arbitration, plans to seek financial compensation for Uruguay’s alleged role in wiping the airline out, Aviation Week has learned.
Against the backdrop of increased effects of natural disasters, such as Typhoon Jebi and the Hokkaido earthquake in Japan, the director-general of the Association of Asia Pacific Airlines (AAPA), Andrew Herdman, said one key area its members will review is the handling of mass air-service disruptions, along with passenger-rights legislation. AAPA members are gathering on Jeju Island, South Korea, for its 62nd Assembly of President which will begin on Oct. 19.
AE Industrial Partners, a private equity investor, has acquired Wichita-baseed Aerostructures Acquisition, doing business as The Atlas Group, a manufacturer of complex assemblies for business, commercial and military aircraft.
Turkish Technic said its third-party MRO business now produces 25% of its total revenue, up from 15% two years ago, attributing the growth to more efficient use of its facilities.
On-demand electric-vertical-takeoff-and-landing (eVTOL) air-taxi service Lilium is expecting to launch “much sooner” than its 2025 estimate and is scouting downtown locations to start the service.
Bruce Jackson, the president and managing director of U.S.-based connectivity specialist Air Informatics, believes airline Wi-Fi connectivity segment is facing 2-3 years of volatility.
Pressured by a combination of a nearly 7% year-over-year (YOY) depreciation of its national currency and a 46% increase in Mexican peso-dominated fuel prices during the same period, Mexico City-based full-service carrier Aeromexico reported a 617 million peso ($32.5 million) net loss for the third quarter of 2018, versus a 344 million peso net profit in the year-ago quarter.
Ryanair’s already rocky relationship with its workforce took another hit after the LCC tweeted a video which showed that a photo had been staged of crewmembers sleeping on the floor in the Malaga Airport in Spain after they were stranded by Storm Leslie.
The International Aviation Group (IAG) launched its third Hangar 51 accelerator program this week by embedding 10 start-ups within British Airways, IAG Cargo and Avios, its reward currency program. “Hangar 51 has a unique approach of bringing the start-ups to the heart of our business and harnessing their potential to transform the future of travel,” says an IAG spokesperson.
Growth in the CFM56 engine leasing market is set to continue for at least another five years before reaching its peak, says Julie Dickerson, managing director of Shannon Engine Support (SES).
Lessors AerCap, GE Capital Aviation Services (GECAS) and IBA are seeing concrete advances in the acceptance of digital aircraft records, which is one of several factors hampering smooth aircraft-lease transitions.
Partly to be a good corporate citizen and partly in response to some local community pressures, JetBlue Airways is adding noise-reducing vortex generators to its existing fleet of 138 Airbus A320-family aircraft.
Executives from Airbus, Boeing and Embraer have told delegates at MRO Europe that they are responding to customer demand by moving more heavily into the aftermarket, but plenty of competition remains.
Munich airport will likely see a significant delay—if not an outright stop—of its plans to build a third runway following regional elections in Bavaria Oct. 14.
The UK Civil Aviation Authority (CAA) wants to stay within the EASA system after the UK exits the European Union (Brexit) but given that the UK government hasn’t determined how it will exit, CAA is preparing for a Hard Brexit, a scenario where no mutually beneficial deal is reached.
A newly-released Aviation Week Intelligence Network 2019 Commercial Fleet and MRO Forecast shows the commercial air transport fleet, for which growth is underpinned by multiple macro-economic trends, will experience growth of 2.8% on deliveries of nearly 23,200 turbofan- and turboprop-powered aircraft over the coming decade.
Boeing has pushed back an announcement over pursuing the New Midsize Aircraft (NMA) until sometime in 2019, but increasingly, financial analysts are seeing the new aircraft as a fait accompli.
U.S. Sen. Ed Markey (D-Massachusetts) is a member of the Aviation Subcommittee of the Commerce, Science and Transportation Committee, and a leading critic of the U.S. airline industry.
