Wingo, the Colombia-based ultra-LCC affiliate of Panama’s Copa Airlines that launched in late 2016, has “surpassed all expectations,” although it has not yet become profitable, Copa CEO Pedro Heilbron said.
AirAsia Berhad has announced a deal to sell its Malaysia-based aircraft leasing unit Asia Aviation Capital (AAC) to aircraft investor BBAM for $1.18 billion.
Rolls-Royce has appointed Tom Bell as president and CEO of Rolls-Royce North America, a post he will hold alongside his current position as president-defense.
Copa Airlines does not plan to use its soon-to-be-expanded maintenance capabilities to branch out into third-party work, a top executive at the Panama flag carrier said.
The Embraer E190-E2, the first aircraft in the Brazilian manufacturer’s E-Jet E2 program, has received its type certificate from Brazilian regulator ANAC, the FAA and the European Aviation Safety Agency (EASA), clearing the way for first delivery to Norwegian regional airline Widerøe.
Spirit Airlines’ pilots, represented by the Air Line Pilots Association (ALPA), have voted to ratify a new five-year working agreement, concluding an often-contentious three-year effort to secure a new labor contract.
Virgin Australia reported a net profit of A$4.4 million ($3.4 million) for its fiscal first-half ended Dec. 31, 2017, signaling its multi-year transformation plan is gaining traction.
AirAsia Group plans to launch its latest franchises in China and Vietnam later this year, as its current overseas affiliates demonstrate stronger financial performance.
Laudamotion, the rebranded bankrupt airberlin subsidiary NIKI, has received an air operator’s certificate (AOC) from Austrian aviation authority Austro Control.
The leading advocate in the US Congress for spinning off air traffic control (ATC) from the FAA has conceded the idea lacks sufficient support on Capitol Hill and therefore will not be pursued in upcoming FAA reauthorization legislation.
Irish LCC Ryanair is expanding its German network by adding four new routes from Palma de Mallorca, Spain, but will transfer some flights from Frankfurt Hahn Airport (HHN) to Frankfurt Airport (FRA) because of weak economic performance.
In results adjusted to reflect a 51-day pilots’ strike affecting nearly half of its fourth quarter, Colombia-based Avianca Holdings reported $245 million in adjusted net income for 2017, more than doubling the company’s net profit over 2016.
The US Department of Homeland Security (DHS) has awarded US aerospace technology company Northrop Grumman with a $95 million contract to develop its Homeland Advanced Recognition Technology (HART) system, the biometric identification program DHS will employ as the next-generation successor to IDENT, DHS’ existing biometric ID system originally developed in 1994.
South Africa-based regional carrier CemAir is gradually restoring its schedules after the country’s civil aviation regulator lifted its suspension of the airline’s Aircraft Maintenance Organization (AMO).
Ireland-based LCC Ryanair will close its base at Glasgow International Airport in Scotland because of the UK’s high passenger taxes, and will transfer routes to Edinburgh, some 45 miles to the east.
IATA is aiming for 1 billion passengers to travel on flights powered by a mix of jet fuel and sustainable aviation fuel (SAF) by 2025, although the industry body said hitting this target will require government action.
The advent of large, commercial unmanned aircraft vehicles (UAVs) for cargo and passengers is closer than most people believe, and legislators and regulators should begin work now to enable their certification and introduction over the next 20 years, according to a new report by the Aerospace Industries Association (AIA).
Scandinavian Airlines (SAS) reported improved figures for the first quarter of its financial year, noting that long-term efforts to improve its market position continue to bear fruit.