Oneworld member Air Berlin (AB), Germany’s second largest carrier, reported a first-quarter net loss of €102.9 million ($132.4 million), narrowed from a loss of €120.6 million in the year-ago quarter.
Simulation and training specialist CAE has acquired Oxford Aviation Academy (OAA) in a C$314 million ($309 million) deal that will add seven training centers and 40 full-flight simulators (FFS) to CAE’s worldwide base of facilities.
The opening of Berlin Brandenburg Airport (BER) has been delayed again, this time to March 17, 2013, to allow more time to complete fire safety systems, the supervisory board announced.
Chinese carriers earned a collective profit of CNY1.84 billion ($290.5 million) in April, down 46%, from a net income of CNY3.4 billion in the year-ago month.
Simulation and training specialist CAE has acquired Oxford Aviation Academy (OAA) in a C$314 million ($309 million) deal that will add seven training centers and 40 full-flight simulators (FFS) to CAE’s worldwide base of facilities.
Oneworld member Air Berlin (AB), Germany’s second largest carrier, reported a first-quarter net loss of €102.9 million ($132.4 million), narrowed from a loss of €120.6 million in the year-ago quarter.
Southwest Airlines (SWA) has deferred deliveries of 30 Boeing 737-800s from 2013-2014 to 2017-2018, as it focuses on hitting its profit target, the carrier confirmed to ATW.
[UPDATED] An Indonesian search team has found the cockpit voice recorder (CVR) of the Russian Sukhoi Superjet SSJ100 that crashed last week killing all 45 people on board.
Airbus parent EADS reported first-quarter net income of €133 million ($170.4 million), turned around from a €12 million net loss in the 2011 March quarter, on a 16% rise in revenue to €11.4 billion.
News from Travel Technology Update: The economic environment has not been kind to Europe over the last couple of years, and in 2011 Lufthansa Systems took steps to realign the company not only for significant cost reductions but for an equal amount of revenue growth as well.
Gulf Air (GF) is awaiting the result of deliberations in the upper house of Bahrain’s National Assembly after the lower house rejected a government proposal to recapitalize the beleaguered national carrier.
Chinese carriers are refusing to join European Union Emissions Trading Scheme (EU ETS) despite EU climate commissioner Connie Hedegaard’s warning Tuesday of their violation of new reporting rules.
Airbus parent EADS reported first-quarter net income of €133 million ($170.4 million), turned around from a €12 million net loss in the 2011 March quarter, on a 16% rise in revenue to €11.4 billion.
[UPDATED] An Indonesian search team has found the cockpit voice recorder (CVR) of the Russian Sukhoi Superjet SSJ100 that crashed last week killing all 45 people on board.
AAR announced it has received US FAA Supplemental Type Certificate approval for one oxygen system retrofit on a Boeing 747-400 cargo aircraft. Saab has signed an extended contract with Airbus to continue producing ailerons for the Airbus A320 series. The contract is valued at SEK701 million ($100 million).
Air Berlin (AB) said it wants to extend the delayed opening of Berlin Brandenburg International (BER) until the start of the winter schedule by the end of October.
Republic Airways Holdings (RAH) said its Republic Airways (RW) subsidiary has reached a tentative agreement to operate 32 Bombardier Q400 aircraft under the United Express brand.
JetBlue Airways (B6) and Turkish Airlines (TK) have announced an interline agreement connecting their networks at New York JFK and Washington Dulles (IAD).
All Nippon Airways (ANA) has announced a company split and said it will restructure as it deals with a more competitive environment, according to a statement.
The Commercial Aircraft Corp. of China (COMAC) has launched an aircraft finance lease company with Pudong Development Bank and Shanghai International Group.
