Canada’s WestJet overcame rising fuel prices and other headwinds to post a third-quarter (3Q) net profit of C$45.9 million ($35 million), down 66.3% from the C$135.9 million reported in the year-ago quarter.
Embraer is still working to firm up many of the commitments received at this year’s Farnborough Air Show, but executives are confident that 2019’s production will be at or possibly above this year’s projected total of about 90 deliveries, and the recently reduced backlog will quickly be replenished.
US airports are disappointed Congress opted not to increase funds they receive for infrastructure construction in the FAA reauthorization bill, putting pressure on them to generate funds to shore up facilities amid record passenger demand.
Aircraft lessor AerCap carried out 87 aircraft transactions in the third quarter, including 20 for widebodies and said over 90% of new aircraft deliveries through 2020 were leased.
Finnair has completed the sale of 60% of its regional operation—Nordic Regional Airlines (Norra)—to Danish Air Transport (DAT), after securing competition clearance for the deal that was announced in late August.
An Indonesian safety official has confirmed the Lion Air Boeing 737 MAX 8 that crashed Oct. 29 had unreliable airspeed readings on its previous flight.
Latin American and Caribbean airline leaders meeting at the annual ALTA forum in Panama City Oct. 29 emphasized a coordinated and vigorous approach to digital modernization, decreased regulation and infrastructure improvements as vital to meeting the demands of a forecast doubling of air traffic in the region in 10 years.
Spanish flag carrier Iberia is boosting services from its Madrid Barajas hub to Latin America, and introducing additional Airbus A350 XWB routes to Buenos Aires Ezeiza (Argentina) and Chicago O’Hare (Illinois) in 2019.
Rolls-Royce has acknowledged it has fallen behind on Trent 7000 shipments to Airbus that will cause knock-on delays to A330neo deliveries later this year and into 2019.
A Ryanair investor has renewed a call for management change at the airline, saying the Irish LCC's chairman is not independent and has not adequately overseen recent labor issues.
Lufthansa Group’s airlines are adding seven weekly frequencies from hubs at Frankfurt, Munich, Vienna and Zurich to Cape Town, South Africa, during the coming southern warm-weather season.
Singapore Airlines’ (SIA) LCC subsidiary Scoot will begin introducing sister company SilkAir’s Boeing 737-800s after April 2019 as part of SIA Group plans to optimize the airline’s network and better compete against regional LCCs.
The UK Competition and Markets Authority (CMA) has opened a formal merger inquiry into Irish regional airline CityJet’s plans to wet-lease two Avro RJ85s to International Airlines Group (IAG) Irish carrier Aer Lingus.
Finnair is evaluating its plans for narrowbody replacements, with deliveries anticipated to begin about 2020, as 37 of the airline’s existing narrowbody fleet approach mid-life
Mexicans want president-elect Andrés Manuel López Obrador to cancel construction of the $13.3 billion new Mexico International Airport (NAIM) project, according to the results of a four-day "national consultation" that concluded Oct. 28.
Southwest Airlines is nearing the end of its required FAA certification process to launch Hawaii flights, and could launch service within weeks of getting final approval, top executives said.
A Lion Air Boeing 737 MAX 8 crashed into the sea shortly after takeoff from Jakarta’s Soekarno-Hatta International Airport, with no reports of survivors.
A Lion Air Boeing 737-8 has crashed into the sea soon after takeoff from Jakarta’s Soekarno-Hatta International Airport, with no reports of survivors, marking the first loss of a Boeing 737-MAX family aircraft.
BREAKING NEWS: Early news reports say a Lion Air Boeing 737 MAX crashed shortly after takeoff from Jakarta. Reports came in around 9 a.m. Monday, Oct. 29 local time; 10p.m. Sunday Oct. 28 US eastern time. There are no more details and the Indonesian LCC has not confirmed the crash. This story will be updated.
