Baltic flag-carrier Estonian Air widened its deficit in 2012, with net losses reaching €49.2 million ($63.8 million), widened from a €17.3 million net loss in 2011.
Piedmont Airlines pilots, represented by the Air Line Pilots Association (ALPA), have ratified the tentative agreement reached with the company in early February.
Boeing was out of bounds when it provided conclusions about the Japan Airlines 787 fire during a recent press briefing in Tokyo, the US National Transportation Safety Board (NTSB) has charged.
Nigeria’s CAA has given Dana Air permission to resume flights after temporarily suspending its license, although domestic carrier Aero Contractors remains grounded.
Sinotrans Air Transportation Development Co. plans to transfer its 51% stake in Grandstar Cargo International Airlines to China’s UniTop as Grandstar’s liquidation process begins.
Vueling has taken delivery of its first sharklet equipped Airbus A320. The Spanish low-cost carrier has 61 A320 family aircraft in its fleet. US Export-Import Bank authorized over $190 million in financing for the export of Boeing 737-900ER aircraft to El Al Israel Airlines.
LATAM Airlines Group, parent of TAM and LAN Airlines, reported 2012 fourth quarter net income of $8.5 million, down 92.6% from $114.9 million in the year-ago period.