United has closed one of the most bizarre legal sagas in recent airline history by agreeing to pay a $2.25m fine in exchange for a non-prosecution agreement from the United States Attorney’s Office (USAO). Thus the US major will face no further action over its Newark, New Jersey-Columbia, South Carolina flights, which it allegedly re-instated as a favor to the then chairman of the Ports Authority of New Jersey, David Samson, who had a holiday home in South Carolina.

With the trade side of this year’s Farnborough International Airshow drawing to a close, the lion’s share of the week’s headlines were given to the debuting of Lockheed Martin’s F-35, the Boeing-Airbus order battle and fears that the UK’s exit from the European Union would cast a long shadow over proceedings. While traditionally the quieter of the two airshows for MRO activity, with Paris bringing a higher volume of agreements, Farnborough nevertheless saw a raft of multi-billion dollar aftermarket deals signed and sealed.

A Fast 5 interview with Jonas Butautis, CEO of Magnetic MRO in Estonia.

The opening days of Farnborough 2016 have underlined the power of large engine manufacturers in the aftermarket, though choice remains for narrowbody maintenance.

Over the last decade, Virgin Atlantic has increased its fleet size by 21%. Here is an infographic to see what changes in aircraft the airline has made.

So-called middle-of-the-market (MOM) aircraft sales are forecast to be worth nearly $250 billion at retail prices during the next 10 years, according to Aviation Week’s 2016 Commercial forecast.

Airbus has forecast that global commercial aviation aftermarket spend will hit $3 trillion over the next 20 years, with Asia-Pacific expected to…

With the world’s airline fleets due to boom over the next 20 years, Airbus is predicting a similar jump in the requirement for support services.