London Heathrow Airport reported substantially improved financial results for 1Q 2018, as passengers and trade at the west London hub hit record numbers.
The Panasonic Corp. of Japan and its US subsidiary Panasonic Avionics Corp. (PAC) will pay $280 million to resolve Foreign Corrupt Practices Act and accounting fraud violations, the US Department of Justice (DOJ) and Securities and Exchange Commission (SEC) announced separately April 30.
Australian LCC Tigerair is facing the prospect of schedule disruption as its pilots plan limited industrial action over a long-running contract dispute.
Denver-based ultra LCC Frontier Airlines pilots, represented by the Air Line Pilots Association (ALPA), are petitioning the National Mediation Board (NMB) to release the union from further contract negotiations, saying talks are at an impasse and “further mediation will be futile.”
TAP Air Portugal and Spain-based LCC Volotea may expand their partnership after agreeing to a codeshare arrangement to strengthen services between three European nations.
All Nippon Airways (ANA) Group is adding 25 aircraft to its fleet over the next 11 months, as it continues to take delivery of new-generation models to refresh and expand its fleet.
Azerbaijan Airlines (AZAL) plans a major increase in its services to Saudi Arabia and has started negotiations to operate flights from the small Caucasian nation to four cities.
Saudi Arabian hybrid carrier flynas again plans to increase its exposure to the long-haul sector, as it seeks to take advantage of growing numbers of religious travelers to the country.
Kuwaiti hybrid carrier Jazeera Airways has attributed an improvement in the traditionally weak 1Q figures to a combination of investments in improving passenger experience, a growing route network and higher asset utilization.
Russian authorities have extended the air operator’s certificate (AOC) for Saratov Airlines through May 30 after the carrier resolved issues found in a March inspection that grounded the Antonov An-148 fleet.
Ongoing fleet transition at SkyWest Inc. continues to drive income growth for the Utah-based parent of regional carriers SkyWest Airlines and ExpressJet Airlines.
Brazilian manufacturer Embraer posted a consolidated $10.2 million net loss for the first quarter of 2018, a reversal from the company’s $55.1 million net profit showing in the year-ago March quarter.
Air France said it would be forced to ground one of its new Boeing 787 aircraft and reduce its flight frequency from Paris to Guangzhou, China over a disagreement with its main pilot union the SNPL about pilot training.
United Airlines parent United Continental Holdings has boosted its stake in Azul Airlines to 8% after purchasing shares in the Brazilian company from China’s HNA Group subsidiary Hainan Airlines.
The US Congress took a major step toward bringing an end to more than three years of contentious debate over FAA reauthorization with the House voting overwhelmingly to pass legislation that would authorize the agency through Sept. 30, 2023.
Russia’s S7 Group has signed a letter of intent (LOI) with Sukhoi Civil Aircraft Co. (SCAC) for 50 Sukhoi Superjet 75 (SSJ75) aircraft, plus 25 options.
