Finnair has reached a partial agreement with the Finnish Air Line Pilots Association (SLL) which will shave €2 million ($2.7 million) from its cost base.
Chinese carriers have reported a collective net loss of CNY500 million ($81.2 million) in May, narrowed from a net loss of CNY641 million in the same period last year.
The UK Air Accidents Investigation Branch (AAIB) has made a series of recommendations to test lithium metal batteries more strenuously during certification following a fire onboard a parked Ethiopian Airlines Boeing 787 at London Heathrow Airport.
Following concerns raised by a group of airlines at the IATA AGM in Doha, air transport communications and IT specialist SITA has launched a governance review and named a new chairman.
The ASTM International Committee on Petroleum Products and Lubricants, which develops standards related to oil products, has approved a third pathway to produce alternative jet fuel for use by commercial airlines.
Indonesian low-cost carrier (LCC) Tigerair Mandala has given its customers two weeks’ notice to shut down operations, despite negotiations with AirAsia for a last minute rescue deal.
Ukraine International Airlines (UIA)—which faces massive challenges due to political crises and instability in the region—is “working hard to cope and survive,” president and CEO Yuri Miroshnikov told ATW.
Russia’s Transaero Airlines is set to launch electronic flight bag (EFB) Class 2, enabling the use of electronic documents on portable devices during all phases of flight.
UK air navigation services provider NATS has launched a 12-week consultation on proposals to change the use of the existing routes for departures to the east and south of Stansted Airport.
Airbus continues to study the feasibility of launching a re-engined version of the A330, but is in no hurry to make a decision. Some lessors and airlines have made public their interest in seeing an A330neo launched, but Airbus is nearing certification of the A350 XWB widebody and is reluctant to potentially harm sales of that aircraft.
This chart represents the most recent 13 months, displayed as percent changes from the previous year, for Scheduled Passenger Airline Full-time Equivalent Employees* by Airline Group. Source: US Dept. of Transportation Footnotes: * Full-time Equivalent Employee (FTE) calculations count two part-time employees as one full-time employee. ** Includes network, low-cost, regional and other carriers. Other carriers generally operate within specific niche markets, i.e. Hawaiian Airlines and Sun Country Airlines.
American Airlines has decided to place 20 Embraer E-175 aircraft with Minneapolis-based regional carrier Compass Airlines, which will fly the 76-seat jets under the American Eagle brand starting in the 2015 first quarter.
Following a “long search and evaluation” of the Tigerair Mandala subsidiary of Singapore-based Tigerair, AirAsia said it has decided to pull back from any potential purchase of the Indonesian low-cost carrier (LCC).
