Facing an extraordinary level of competition from rival budget airlines, the China Airlines subsidiary is now profitable and hopes to open more routes in Southeast Asia.
Bombardier now expects to deliver 30 C Series aircraft in 2017, at the lower end of the expected 30–35-aircraft range set by availability of Pratt & Whitney PW1500G geared-turbofan engines.
Regional jet maker Embraer still is waiting on U.S. Treasury Department approval for aircraft sales to Iran, but the company remains active and optimistic, the Brazilian company’s leaders said July 28.
The UK government has lifted its restrictions on electronic goods traveling in the cabin on flights originating from Istanbul Sabiha Gokcen International Airport.
As Southwest Airlines works to renew a large portion of its fleet this year, the airline is also focusing on keeping costs in line and making some changes to its reservation system so that it can capture more revenues.
The UK government is proposing the use of Big Data to improve security and the restructuring of the airport-slot allocation system, as it drives forward policies to boost the country’s commercial-aviation sector.
IAG said it is considering expanding its new long-haul low-cost brand Level. The group also reported an increase in second-quarter profit, despite the cost of a power outage at British Airways in May.
It may be just business, but already the CEOs of major aerospace equipment makers are sending warning shots to each other as manufacturers increasingly look to capitalize on the aftermarket.
Air France-KLM, Delta Air Lines and Virgin Atlantic are moving to create a transatlantic joint venture (JV) triad that involves Air France-KLM acquiring a 31% stake in Virgin and Delta taking a 10% investment in Air France-KLM.
Spirit Airlines felt the financial impact of pilot-related flight cancellations in the second quarter to the tune of about $45 million, the airline said during its July 27 earnings call.
Airbus said it would cut A380 production further, to eight aircraft per year in 2019 because of lackluster orders for the mega-transport as the company announced a decline in half-year profit.
Singapore Airlines (SIA) reported a healthy profit for the three months through June 30, a welcome return to the black after posting a rare loss in the March quarter.
Las Vegas-based Allegiant Travel Co. posted a $48.5 million net profit for the second quarter this year, down by 20.3% from $60.8 million for the same period last year.
Triumph Group’s turnaround effort received a proverbial punch to the gut July 26 after the major aerospace supplier reported financial earnings and forecasts so far off Wall Street’s expectations that the company’s stock price tumbled 18%.
A proposal by U.S. House Republicans to privatize the U.S. air traffic control (ATC) system appears to be mostly constitutional, although there could be causes for legal challenges, according to a new report from nonpartisan congressional researchers.
