Kenya Airways CEO Sebastian Mikosz has asked for a fair level playing field within African Open Skies, which can be only happen when all carriers have the same rules.
US-based avionics, IT, and aircraft interiors provider Rockwell Collins reported a $280 million net profit for its 2018 fiscal first quarter, nearly doubled from $145 million the same period a year ago.
Boeing’s price-dumping case against Bombardier over the sale of CSeries aircraft to a US airline has been overturned by the US International Trade Commission (ITC), ending the threat of tariffs of almost 300% on CSeries imports into the US.
Mexico City-based LCC Interjet will make San Francisco (SFO) the 10th US airport its network when it adds flights to SFO from both Cancun (CUN) and Guadalajara (GDL) on March 14.
Following a massive injection of new aircraft in the four years following its December 2013 emergence from Chapter 11 and merger with US Airways, American Airlines is slowing the pace of its fleet renewal and dialing back spending on aircraft.
The acquisition of US carrier Eastern Air Lines by charter operator Swift Air in 2017 has resulted in Mitsubishi Aircraft losing an order for 20 MRJ regional jets.
The A350-1000 has begun a three-week demonstration tour to the Middle-East and Asia-Pacific region, following the completion of a flight test campaign that lasted less than one year and culminated in joint EASA and FAA type certification in November 2017.
With almost 14,300 LEAP engines on order and CFM56s continuing to be produced in larger numbers than forecast, CFM International said it aims to close a 4-5-week gap between planned and actual engine deliveries to Airbus and Boeing by the end of 2018.
Alaska Air Group reported a $1 billion net profit—in GAAP terms—for full-year 2017, incorporating a one-time $274 million tax benefit associated with the US tax reform legislation enacted in late December 2017.
The long-awaited opening of the intra-African air transport market is slated to become a reality on Jan. 28, when the African Union (AU) signs off the final rule-making after a renewed push for liberalization.
A one-time non-cash gain related to the recent US tax reforms helped to lift JetBlue Airways to a $1.1 billion net profit in 2017, the New York-based carrier said Jan. 25.
Southwest Airlines “turned the corner” on unit revenue growth in 2017, edging into positive territory for the full year, and expects RASM momentum to continue in 2018 with 1%-2% year-over-year (YOY) growth in the first quarter, chairman and CEO Gary Kelly said.
United Arab Emirates (UAE)-based lessor Dubai Aerospace Enterprise (DAE) will retain its strong focus on new-generation, narrowbody aircraft as it seeks to expand its portfolio over the next few years, DAE CEO Firoz Tarapore said at the Annual Global Airfinance Conference in Dublin, Ireland.
New, fast-growing Chinese leasing companies are experiencing rapid changes as they cope with the scale of growth, several executives from the region said at the Annual Global Airfinance Conference in Dublin.
US cargo specialist FedEx Express’s 2017 order for new-build ATR 72-600 freighters has ignited interest in the freight industry for both new and used cargo versions of the turboprop, the manufacturer said.
Irish LCC Ryanair has launched its latest tool to drive ancillary revenues, Travel Credit, an incentive scheme that gives customers 10% credit to spend on flights if they book their hotel room through the recently upgraded Ryanair Rooms website.
