Mitsubishi Aircraft Corp. claims to have fixed the problems that led to the most recent Mitsubishi Regional Jet (MRJ) program delay and is confident it can stick to the new schedule.
China Southern Airlines reported third-quarter net income of CNY2.16 billion ($352 million), down 2.62% compared to a net profit of CNY2.22 billion in the year-ago quarter.
Air Malta said Thursday it has ended the second year of its five-year restructuring plan with reduced losses, but cautioned that more work is needed to improve further its financial position.
Aegean Airlines, which signed a definitive agreement with Marfin Investment Group to acquire Olympic Air for €72 million ($99.2 million) Oct. 24, presented the benefits of the transaction during a Friday press conference in Athens.
Sukhoi Civil Aircraft Co. (SCAC) has reported a net loss of RUB7.29 billion ($227 million) for the first nine months ended Sept. 30, deepened 2.8 times from a year ago.
The airline industry faces challenges from rising fuel costs and pending regulation of greenhouse gas emissions. Advanced biofuels can help the industry meet both challenges, by offering fuel at a stable price with reduced carbon emissions measured over the fuel’s production lifecycle. While there are many US federal initiatives supporting research and development of advanced biofuels, no program has been as successful as the Renewable Fuel Standard (RFS).
The US airline industry was nearing the completion of a major transformation that would allow it to become more attractive to the investment community and more stable for its employees and other stakeholders. That plan, however, may be in jeopardy now that the US Dept. of Justice has brought a suit, to be heard in court Nov. 25, to block the merger between American Airlines and US Airways.
Since taking the role of Kuala Lumpur-based AAPA DG in November 2004, Andrew Herdman has expanded the organization’s role to ensure close relationships with regulators worldwide and other industry associations so that Asia-Pacific’s international carriers are well-informed and represented in global policy issues.Herdman spoke with ATW while attending the two-week ICAO Assembly in Montreal where the landmark accord on aviation emissions was reached.
You might think the dream of a small, but growing airline would be to be pitched against a weak national flag carrier. But Marwan Boodai, chairman of Jazeera Airways, would dearly like to see his country’s national airline, Kuwait Airways, become a lot stronger.
It is shaping up as a banner year for Airbus and Boeing with commercial aircraft orders rolling in from airlines and lessors worldwide. Both expected a strong year, but demand in 2013 is far exceeding expectations the manufacturers had at the year’s start. Through the first three quarters, both companies have already breached the 1,000-gross-orders mark, a barrier not achieved in most full years.
Aer Lingus CEO Christoph Mueller has a lot on his plate right now. Like many European airline CEOs, he is driving his carrier to reduce its costs, but on top of this he has low-cost carrier Ryanair as a neighbor, rival, shareholder and would-be owner. Not many airline CEOs would want to trade places.
Competitive flying in turbulent markets prompts airlines to shift costs from fixed to variable. One way to do that is to outsource not just the repair of, but the ownership and management of expensive assets, from rotable components to engines and even aircraft, sometimes.
Fresh from its strategic win over Boeing with an order from Japan Airlines for at least 31 Fresh from its strategic win over Boeing with an order from Japan Airlines for at least 31 A350s, Airbus is preparing the ground to challenge its US rival in the future cargo aircraft market.
[UPDATED] FAA has decided to allow airline passengers to use portable electronic devices (PEDs)—including being online via Wi-Fi—“during all phases of flight,” the agency said Thursday.
