Santiago-based LATAM Airlines Group reported a $155.3 million net profit for 2017, more than doubling the group’s $69.2 million net income in 2016, on the back of the company’s highest full-year operating income ($715 million, up 25.8% from 2016) since its formative merger six years ago.
Airbus, the largest single customer for Tier One aerostructures company GKN, has said it would be “practically impossible” for it to give new work to the UK company if the latter’s ownership model was to change.
Air Canada’s recently announced plans to increase frequencies on several North American leisure routes next winter includes swapping rouge-branded Boeing 767-300s to mainline flying with 737-8s.
The Tianjin municipal government has injected CNY120 million ($19 million) into Tianjin Cargo Airlines to enable it to launch in this year’s first half.
A dozen European airports joined forces to support surface movement safety improvement pro-grams under the European Union’s project in air traffic management modernization, SESAR.
Tokyo Narita Airport has taken an important step in its efforts to add a third runway and extend operating hours, after gaining clearance for its plans from local authorities.
Virgin Atlantic Cargo said its 2017 volumes reached a five-year high and revenues rose 9% to £199.6 million ($279 million), driven by strong growth in shipments of pharmaceuticals and e-commerce goods.
Making a business case for Boeing’s potential new mid-market aircraft (NMA) remains the manufacturer’s biggest challenge, Boeing’s chief salesman said, even as more airlines are pushing for the aircraft sooner rather than later.
Lufthansa is forced to slow down its 2018 capacity expansion, as the airline struggles to find additional aircraft and discovers the build-up of low-fare unit Eurowings is taking longer than expected.
American Airlines, hampered by higher fuel prices, is setting up to have a “slightly off” year, but still expects to generate a profit that falls within its notional target range, CEO Doug Parker told attendees at this week's J.P. Morgan Global Aviation and Transportation Conference.
Japan’s All Nippon Airways (ANA) has entered into a codeshare relationship with China’s Juneyao Airlines, taking advantage of the Star Alliance connecting partner program.
Lufthansa’s supervisory board has extended the contract of the group’s CEO Carsten Spohr by five years, assuring continuity at Europe’s largest airline.
At the 2018 two-month mark, Airbus leads rival Boeing in new commercial aircraft orders with 60 firm bookings, valued at approximately $13.3 billion at list prices, compared to Boeing’s 47 new orders, valued at $10.1 billion.
GE Aviation’s GE9X turbofan engine, which will power Boeing’s new 777X aircraft, completed its first flight test under the wing of GE Aviation’s 747 flying testbed in Victorville, California.
A new Belgian airline—Air Belgium—with backing from a huge Chinese travel agency has received its air operator’s certificate (AOC) and plans to begin flying to China in April, beginning with a service to Hong Kong.
Chicago-based United Airlines assumed “full responsibility” for the death of a passenger’s dog on United flight 1284 from Houston Bush Intercontinental Airport to New York LaGuardia Airport the evening of March 12.
Singapore-headquartered lessor BOC Aviation has announced a record $587 million net profit for the full year ended Dec. 31, 2017, marking a 40% increase on the prior year.
International Airlines Group (IAG) CEO Willie Walsh has said the board is keen to pursue the more ambitious of two possible plans for long-haul LCC Level.
JetBlue Airways is “deep in discussions” with Bombardier and Embraer to replace its Embraer E190s and has sought possible buyers for its regional-jet fleet to help finance a deal, but the airline’s executives caution against assuming a switch is imminent.
