Bogota, Colombia-based Avianca Holdings posted a 2017 third-quarter $36.1 million net profit, down 4.5% from $37.8 million in 3Q 2016, as the airline realized $17.1 million in losses from the first 10 days of what would become a 51-day strike by over half of Avianca’s pilots.
Air Senegal has signed an MOU for two Airbus A330neo aircraft, making the national carrier of Senegal the first airline in Africa to select new re-engined A330 version.
Bombardier is forecasting carriers in the Middle East will take delivery of 450 aircraft in the 60- to 150-seat segment by 2036, as the region is expected to readjust its fleet balance and further develop intra-regional connectivity to restore profit growth and improve yields over the next two decades.
A surge in Caribbean hurricane-related ad hoc charters, combined with ACMI revenue related to the April opening of a new US route, lifted Canadian scheduled air freight carrier Cargojet’s third-quarter net profit to C$5.6 million ($4.5 million), reversed from its C$3.9 million net loss in 3Q 2016.
Korean Air expects to see demand on its China routes start to rebound in the fourth quarter, following a thaw in the political tensions that have severely dented traffic flows between the two countries.
Airbus signed an MOU Nov. 15 for 430 A320neo-family aircraft, to be split between the four airlines in Arizona-based private equity and venture capital firm Indigo Partners’ portfolio.
For Canadian manufacturer Bombardier's commercial aircraft, consolidated 2017 orders, deliveries and cancellations -- updated through the 2017 third quarter.
Alaska Airlines has become the latest US carrier to give up on the Cuba market, announcing it will end its daily Los Angeles-Havana service on Jan. 22, 2018.
Worrying trends on a global level toward the imposition of environmental taxation and consumer protection could drive up costs and derail airline economics, Department of Transportation Office for International Aviation director Brian Hedberg told the Accelerate: Aviation 2017 conference in London this week.
Segmentation and customer understanding will be crucial as legacy carriers seek to compete with low-cost carriers, Brussels Airlines CEO Bernard Gustin told the Accelerate: Aviation 2017 conference in London this week.
CDB Aviation Lease Finance, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., confirmed an order for 90 Airbus A320neo family aircraft during the 2017 Dubai Air Show.
The US Transportation Security Administration (TSA) is asking airlines around the world to take on a government function by mandating that carriers conduct pre-flight security interviews, IATA DG and CEO Alexandre de Juniac said.
The government of Samoa said the South Pacific country’s state-owned airline must remain financially self-sufficient, as it relaunches international services.
ATR CEO Christian Scherer is continuing his push to change the ATR company’s structure, which he believes could enable it to launch a larger turboprop.
Airbus, Japan Airlines (JAL) and JAL Engineering are planning to introduce mixed reality training—involving Microsoft’s HoloLens and immersive headsets—for mechanics and crew training on JAL’s incoming fleet of Airbus A350 XWBs.
HNA Group LCC Hong Kong Express Airways (HKE) will not be allowed to add new services between Nov. 1 and April 30, 2018 as part of a penalty for canceling multiple flights during a peak holiday period in early October.
Golden Falcon Aviation, the exclusive aircraft provider of the new Kuwait-based Wataniya Airways, has signed an MOU for 25 Airbus A320neo family aircraft at the Dubai Air Show.
