Indian LCC SpiceJet firmed its order for up to 50 Bombardier Q400 turboprops Sept. 29, the largest single Q400 order to date, valued at $1.7 billion if all purchase rights are optioned.
UK LCC easyJet is set to trial onboard intranet-based IFE, supplied by Barcelona-headquartered technology firm Immfly, from this fall and is evaluating Inmarsat’s European Aviation Network (EAN) for future full Wi-Fi connectivity.
The prospective long-range widebody aircraft being developed jointly by the Commercial Aircraft Corp. of China (COMAC) and Russia’s United Aircraft Corp. (UAC) will be called the “CR929,” the China-Russia Commercial Aircraft International Co. (CRAIC) joint venture said in Shanghai Sept. 29.
American Airlines is planning more enhancements to its onboard products as it pursues a strategy of segmenting cabins to offer multiple levels of service at different fare points.
According to the ICAO-sponsored Industry High Level Group (IHLG), by 2034, the aviation industry will provide 99 million jobs and generate $5.9 trillion in GDP, a 122% increase over 2014. But if traffic growth were to slow by only 1% annually, the total number of jobs supported by the air transport sector would fall over 10%, more than 10 million jobs, and the air transport sector’s contribution to world GDP would decrease approximately 12%, or $690 billion.
A study by the London School of Economics and Political Science (LSE) partnered with global mobile satellite communications provider Inmarsat forecasts a $130 billion global market resulting from the proliferation of inflight broadband connectivity in the airline industry over the next 20 years.
Chinese seating manufacturer Zhejiang Science and Technology Investment Company (ZTC) has paid £55 million ($73.7 million) to acquire a stake in UK-based Acro Aircraft Seating previously held by private equity firm BGF.
Boeing chairman, president and CEO Dennis Muilenburg has voiced support for President Donald Trump’s tax reform initiatives, noting “there’s a wide variety of opinions on tax reform but we know it’s a big enabler. It will unleash the economic horsepower in this country.”
US lawmakers are bumping up to the deadline for extending the FAA’s authorization, after a controversial bill passed the House of Representatives Sept. 28, but still faced an almost equally uncertain chance of becoming law.
The MRJ90 flight test program is back on track following a temporary suspension spurred by an unscheduled engine shutdown during a test flight, according to Mitsubishi Aircraft Corp.
American Airlines is confident it will continue to produce annual profits averaging $5 billion and will never again lose money, chairman and CEO Doug Parker said Thursday.
Mexico City-based LCC Interjet will install Wi-Fi on its new Airbus family aircraft deliveries, supplier Panasonic Avionics announced during the Airline Passenger Experience Association (APEX) Expo in Long Beach, California.
AirAsia Group firmed up a deal with Inmarsat for satellite Wi-Fi on all of its Airbus A320s and A330s, the connectivity and satellite operator said during the Airline Passenger Experience Association (APEX) Expo in Long Beach, California.
Russian carriers will transport VIM Airlines’ passengers booked through Oct. 15, the Ministry of Transport said Sept. 27, as VIM faces financial turbulence.
Southwest Airlines expects to lose $100 million in revenue in the third quarter because of the recent spate of hurricanes, and has downgraded its unit revenue and cost guidance for the September quarter.
Irish LCC Ryanair has said it is no longer interested in acquiring part of Italian flag carrier Alitalia, as it instead focuses on its own pilot crewing crisis.
