Thai Airways predicts the removal of Thailand from ICAO’s red flag safety list will boost the country’s aviation industry this year, although airlines are still waiting for the US FAA to follow with its own safety upgrade.
Garuda Indonesia slipped to a substantial net loss in 2017 partly because of increased fuel costs, although the carrier said it is making progress on some of its strategic priorities.
American Airlines and Australian flag carrier Qantas are hoping that a revised application submitted to the US Department of Transportation (DOT) Feb. 26 to form an antitrust-immunized joint venture (JV) will be approved.
The creation of a standalone aerospace business made up of United Technologies Corp. (UTC) divisions is under consideration as UTC executives contemplate their next move after the expected regulatory approval of its acquisition of Rockwell Collins this summer.
The global airline industry saw its total accident and fatal accident rates cut by a third in 2017 compared to 2016, well below the five-year average in each category, according to IATA’s 2017 Airline Safety Performance report.
Would-be telecommunications satellite operator OneWeb has joined forces with Airbus, Atlanta-based Delta Air Lines and mobile network operators Sprint and Bharti Airtel to offer a seamless experience to those passengers wanting to connect their mobile device on board.
Oman Air plans to launch three new routes this year—to Istanbul, Turkey in June; Casablanca, Morocco in July; and Moscow, Russia in October—as the Oman national carrier continues to expand.
South Africa’s competition commission has blocked Johannesburg-based regional carrier Airlink’s plans to acquire Cape Town-based Safair, parent of LCC FlySafair.
Tyrolean Technik, a fully owned subsidiary of Austrian Airlines, will downsize its Innsbruck maintenance and repair operations (MRO) by the first half of this year by terminating MRO work on the Bombardier Dash 8 Q400 as business declines and cost rises for the type.
Culled from IATA's 2017 Airline Safety Performance report, an overview of total accidents, fatal accidents, and fatality totals for commercial aviation flights, specifically scheduled/carter passenger or cargo service.
Bahrain-based Gulf Air has detailed its corporate strategy for the five years to 2023, which will see it take delivery of 39 new aircraft and ultimately expand its network to the US.
Air Lease Corp. (ALC) received a $354 million benefit from the December 2017 US tax reform legislation, pushing the Los Angeles-based commercial aircraft lessor to a $756.2 million net profit for 2017, more than doubling ALC’s $375 million net income in 2016.
Hawaiian Airlines is experiencing a further operational and planning disruption because of Airbus A321neo delivery delays related to issues with the Pratt & Whitney PW1100G geared turbofan (GTF) engine.
Emirates Airline will resume its flagship Airbus A380 service between Houston, Texas, and Dubai from June 1, after the rise in oil prices improved the route’s viability.
The UK Department of Transport (DoT) will allow direct cargo flights to resume between Bangladesh and the UK, after security improvements at Dhaka airport.
Thai AirAsia (TAA) intends to grow its fleet and network this year, as the carrier looks to capitalize on Thailand’s surging international tourist numbers.