Canary Islands regional airline Binter Canarias has placed a firm order for six ATR 72-600s for its fleet renewal valued at just under $150 million at list prices.
Finnair has reported full-year net profit of €11 million ($15.1 million) for 2013, up 5.1% year-over-year, due to the company’s April 2013 sale of its entire holding of shares in Norwegian Air Shuttle ASA (which brought in €34 million).
Indonesian Aerospace (IAe) is embarking on the development of a 19-seat turboprop, the N219, which could compete with the Viking Twin Otter and China’s Harbin Y-12F.
Singapore-based developer Gallant Venture and Indonesian flag-carrier PT Garuda Indonesia have signed an MOU to turn Bintan Airport, Indonesia, into a major aviation hub.
Etihad Airways and Airberlin will step up their equity partnership by doubling the weekly total of flights between Berlin and Abu Dhabi to double-daily, starting Oct. 26.
GE Aviation has described initial test results for the high pressure compressor (HPC) module of the new GE9X engine destined for the Boeing 777X as “very promising.”
Lufthansa, which is accelerating its fleet modernization program, has taken delivery of its 10th Boeing 747-8 Intercontinental, slated to go into service by the end of February.
The Asia-Pacific region, for decades the unchallenged bastion of the widebody airliner, will become increasingly dominated by single-aisle aircraft, predicted Boeing.
Chinese cargo carrier SF Airlines has inked a deal with ST Aerospace for five Boeing 757-200SF passenger-to-freighter conversions, with an option for three more aircraft.
Rolls-Royce is moving into the first full development engine phase of its Trent 1000-TEN engine program, and expects to test it by the end of the first quarter.
European budget carriers Ryanair and Wizz Air have become the latest airlines to relax restrictions on the use of personal electronic devices (PED) on takeoff and landing.
Chinese carriers are expected to transport 1.5 billion by 2030 due to the rapid growth of China’s domestic low-cost airline (LCC) industry, according to the Civil Aviation Administration of China (CAAC).
Russian investigators have not been able to identify why a Kazakhstan-based SCAT Airlines Bombardier CRJ200 crashed on approach to Almaty Airport in January 2013, killing all 16 passengers and five crew members.
Ethiopian Airlines is poised to order 20 narrowbodies within six months, which could see it upgrade to Boeing 737 MAXs or switch from its all-737 narrowbody fleet to a dual fleet with the introduction of Airbus A320neos.
