The European Commission has cleared the way for United Technologies Corp. (UTC) to buy Rockwell Collins, assuming the divestiture of businesses in actuators, pilot controls, ice protection and oxygen systems.
Airbus expects to be bound by the Trump administration’s new prohibitions against selling US aircraft and parts to Iran even if Europe maintains a more business-friendly approach to the Persian Gulf nation, a top executive said.
US lawmakers, grappling with the rapid proliferation of drones and how to safely integrate them into the commercial airspace, sought expert insight at a Senate hearing May 8.
Airbus doubled its year-to-date commercial aircraft orderbook in April, firming new orders for 68 aircraft from three airlines—Bhutan’s Druk Air, US ultra-LCC Allegiant Air and Scandinavian Airlines (SAS)—and two undisclosed customers, valued at approximately $7.3 billion at list prices.
World Trade Organization (WTO) appeals judges are expected to hand down a long-anticipated decision on the dispute between the US and European Union (EU) over whether EU payments to Airbus constitute illegal subsidies.
Emirates Airline has posted 124% profit growth for its most recent financial year, delivering a AED2.8 billion ($762 million) profit despite “strong competitive pressure across all markets” and higher fuel prices.
Air Connection Express—a consortium of Angolan airlines, airport oversight and operations entities—has firmed an order for six Bombardier Q400 turboprops, valued at $198 million at list prices.
Scandinavian Airlines (SAS) is expanding capacity across its entire network by half-a-million seats for its winter 2018/19 season, on solid market growth and higher passenger numbers.
Rising fuel costs—combined with a planned ramp-up in capital expenditures—has put dents in most of WestJet’s key first-quarter income metrics, and the Calgary-based LCC is responding by fast-tracking a cost-reduction initiative.
Global air passenger traffic in March grew at its fastest monthly pace in a year—up 9.5% year-over-year—driven by a generally strong global economic backdrop, according to IATA’s latest Air Passenger Market Analysis.
Lufthansa plans to focus its future growth on its hub in Munich, Zurich and Vienna while pulling capacity off Frankfurt for now, CEO Carsten Spohr told the annual shareholder meeting on May 8.
Aeromexico's capacity adjustments to offset weakness in its home market appear to be paying off, as the carrier boosted domestic revenue passenger kilometers (RPKs) and load factor in April, even as it continued to trim capacity.
As Airbus and Zodiac Aerospace are refining the design of the lower-deck cabin module they are to offer on the A330, potential customers still must find a way to use the extra space and, eventually, a business case.
American Airlines has decided to cut Chicago O'Hare-Beijing service from Oct. 22 because of overcapacity in the Sino-US market–which used to be one of the most lucrative markets worldwide.
EasyJet is continuing its expansion out of Berlin, which has become a focus city for the UK LCC, and is part of its strategy to hold dominant market shares in the large European cities where it has bases.
Garuda Indonesia reported a $64.3 million net loss for the first quarter of 2018, an improvement from a loss of $101.2 million a year ago, as the carrier made progress on many of its turnaround goals in addition to increased fleet utilization.
Air France plans to operate 80% of its flights on May 8, the 15th in a series of day-long strikes over pay that have rocked the carrier and led to the resignation of Air France-KLM group CEO Jean-Marc Janaillac.
Airlines for Europe (A4E), which has been lobbying to reduce aviation taxes in eight European countries, has said that when Austria cut air travel taxes in half at the beginning of this year, Austrian Airlines saw a 13% increase in passenger growth in the first quarter alone, according to a study by PricewaterhouseCoopers (PwC).
Shanghai-based Spring Airlines posted a net profit of CNY1.3 billion ($207 million) for 2017, up 33% compared to net income of CNY950.5 million in the prior year.
