Southwest Airlines said a combination of factors will keep it from growing first-quarter RASM as much as expected, but the carrier remains confident in its full-year outlook for a unit-revenue uptick.
An extended period of sustained demand for global air cargo lift has Boeing optimistic about its freighter product line, including its slow-selling 777F.
Airbus is positioning the A330neo to operate on true long-haul routes such as from the U.S. West Coast deep into Asia or from India to the U.S. East Coast.
Norwegian raised NOK1.3 billion ($168 million) in a private share placement as it pushes ahead with expansion amid rising fuel prices and currency effects, which the LCC said is leading to a “challenging” first quarter.
The AAR Corp.-Indamer Aviation joint-venture (JV) aircraft maintenance facility opening in India this year is in talks with two potential long-term customers and hopes to have an announcement “soon,” AAR president John Holmes said.
The European Parliament’s Transport Committee has voted to approve new rules aimed at better protecting European Union (EU) airlines in the face of alleged unfair practices by non-EU competitors.
Ukrainian start-up LCC SkyUp Airlines firmed an order for three Boeing 737-10s and two 737-8s, Boeing said March 20, making SkyUp the first Eastern European carrier to order a 737-10. The total value of the order is $624 million at list prices.
Irish LCC Ryanair has entered into an agreement to take a 24.9% stake in Niki Lauda’s new Austrian carrier, LaudaMotion, with a plan to grow ownership to 75%.
Mitsubishi Aircraft has temporarily ceased MRJ90 flight testing at Moses Lake, Washington, where four prototype MRJ90s are based, so that it can incorporate changes needed for certification.
Virgin Atlantic Group incurred a £48.5 million ($67.6 million) net loss for 2017, down from a £187.3 million net profit in 2016, citing “significant operational challenges and [a] difficult economic backdrop” for the downturn.
Israel Aerospace Industries (IAI) plans to develop an electric short-haul commercial aircraft. The company said future electric-powered aircraft will reduce emissions and noise and provide significant savings in fuel costs.
Vietnam Airlines is preparing to take delivery of the first of 20 Airbus A321neos it has on order in September, which will allow the carrier to replace older A321s and also grow its fleet, but it will likely need more narrowbodies and is assessing options.
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“Trade wars are good and easy to win.” Thus tweeted President Donald Trump in early March. But for the jetliner industry, trade wars are a potentially toxic exogenous shock. Jetliners are uniquely vulnerable to retaliation, particularly from China.
ICAO extended Fang Liu’s mandate as secretary general of the UN body for a second three-year term, building on her initial appointment on Aug. 1, 2015.
Air Canada is confident that joint-venture (JV) talks with Air China will be wrapped up this year, laying the groundwork for even closer cooperation between the two airlines, a top executive for the Canadian flag-carrier said.
The European Cockpit Association (ECA), which indirectly represents over 38,000 pilots across Europe, has signed a protocol to give pilots at Irish LCC Ryanair a pan-European voice.
New York-based JetBlue Airways’ decision to convert some of its Airbus A321neo orders to the longer-range (LR) version and launch transatlantic service to Europe hinges on the potential to replicate returns the carrier sees on its dual-class Mint transcontinental flying, executives said.
LCC Vietjet plans to become the third airline to enter the nonstop Vietnam-Australia market, starting with a route not yet served by either of the incumbent carriers.
Japanese LCCs Peach and Vanilla Air, which are both subsidiaries of All Nippon Airways (ANA), are reportedly holding discussions regarding a potential merger.
Pratt & Whitney aims to complete re-delivery to Airbus of the last of 55 rectified PW1100G engines affected by the recent knife edge seal issue by the end of April, but acknowledges the problem has cost the engine maker $50 million.
