The head of the Association of Asia Pacific Airlines (AAPA) condemned the shooting down in July of a Malaysia Airlines Boeing 777 as “a military failure,” and stressed that maintaining a robust, safe commercial aviation system requires the sharing of information of where and when it is safe to fly.
Cathay Pacific Airways doubts the low-cost, long-haul business model is sustainable over the long term and does not intend to change its full-service model to compete with the proliferation of LCCs in the Asian market.
Mitsubishi Aircraft sees a global market over 20 years for 5,000 aircraft in the 100-seat sector and aims to win orders for 2,500 of that total market, the company’s president and COO said Wednesday.
EasyJet achieved a full-year average load factor of 90.6% for the year ended Sept. 30, but it plans to increase this still further in 2014-15 by driving up passenger numbers on off-peak flights.
Saudi Arabia hybrid carrier flynas has appointed a new CEO, just weeks after it announced it was pulling back from its ambitious plans for a network of long-haul flights.
Thai budget carrier Nok Air reported a third-quarter net loss of TBH353.3 million ($10.8 million), reversed from a net profit of THB244.6 million reported in the year-ago period.
Aer Lingus’ shareholders will decide whether to accept a critical pension deal during an extraordinary general meeting Dec. 10. Aer Lingus is seeking shareholder approval to plough €190.7 million ($238.3 million) into its pensions scheme to resolve a deficit which represents “a real and significant risk to the success of the company.”
A trio of European airlines has signed an agreement for a regular supply of biofuel at Oslo Airport, which will next year become the world’s first hub airport to receive regular deliveries of biofuel.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to two weeks ago, one month ago, three months ago, six months ago and the same week for each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
Lufthansa Technik (LHT) has broken ground on Lufthansa Technik Puerto Rico, a new overhaul facility that will do base maintenance on Airbus A320 family aircraft.
ATR has signed a three-year agreement with B/E Aerospace Consumables Management for distribution of consumables, expendables and standard hardware parts for ATR aircraft.
The US National Transportation Safety Board (NTSB) has affirmed FAA’s authority to impose civil fines against commercial operators of small unmanned aerial vehicles (UAVs) engaging in “careless or reckless” flying.
UK budget carrier easyJet reported a full-year net income of £450 million ($705 million), up 13% from a £398 million profit in the year-ago period, marking its fourth year of record profits.
Virgin Atlantic is looking to lease out two sets of Heathrow slots freed up by the demise of its UK short-haul arm Little Red, until it has the aircraft it needs to operate them itself.
Star Alliance member LOT Polish Airlines wants to consolidate the Central Europe aviation market as the state-owned carrier considers future projects following an increase in profits, CEO Sebastian Mikosz told ATW in Warsaw.
Russia’s Federal Air Transport Agency, Rosaviatsia, said the government has spent RUB3.5 billion ($74 million) for regional routes and Kaliningrad routes subsidy programs so far this year.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, plans to remove from service all Embraer EMB-120 Brasilia 30-seat turboprop aircraft operated by SkyWest Airlines by mid-2015, as it aims to improve overall efficiency and long-term profitability.
