Icelandair has reached an interim compensation agreement with Boeing to cover losses incurred by the Boeing 737 MAX grounding, which has already had a $140 million impact on the airline’s EBIT.
The head of IATA called on world governments to implement a single standard for carbon emissions, warning of a “real risk” that the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) will be undermined by an emerging patchwork of carbon taxes and regulations.
A French commercial court is considering the two remaining offers for all or part of French airline Aigle Azur’s assets after UK LCC easyJet dropped out of the running as a liquidation deadline looms.
Thales and the Civil Aviation Authority of Singapore (CAAS) have signed an agreement to establish a Joint Aviation Innovation Research (AIR) laboratory in Singapore.
Some operators of Engine Alliance GP7000-series powered Airbus A380s face more stringent engine fan hub assembly inspections after examination of the hub that separated during an uncontained failure two years ago pointed to higher risk of cracks.
Hawaiian Airlines sees potential to grow its already strong presence in the Japanese market by expanding its own flights and through its proposed joint venture with Japan Airlines (JAL).
German leisure carrier Condor is urgently seeking bridge financing and a new investor after its parent company, Thomas Cook Group, filed for bankruptcy Sept. 22.
Slovenian carrier Adria Airways has had two Bombardier CRJ900s recalled by their lessor and is “intensively looking for solutions” to stabilize operations.
The UK Civil Aviation Authority (CAA) has wet-leased aircraft from operators around the world to support a massive repatriation of Thomas Cook Airlines passengers stranded by the compulsory liquidation of UK leisure operator Thomas Cook.
Air India has ambitious fleet growth plans, but must wait for its privatization process to play out so any potential new owners can review the airline’s strategy, according to a senior executive.
Hong Kong International Airport (HKIA) expects the impact of the recent civil unrest on its traffic to ease, with a smaller passenger decline in September and the potential for a significant rebound in 2020 results.
The CEO of insolvent French airline XL Airways has appealed to Air France to save the carrier, saying it could boost the group’s long-haul LCC offerings.
A consortium of Airbus, British Airways (BA) and Formula One racing providers have kicked off a research project with the UK’s Aerospace Technology Institute (ATI) to develop lightweight aircraft seats for business class and premium economy.
An overarching theme for AAR Corp.’s investments will be digital, the Chicago-based aviation services company’s chief commercial officer Chris Jessup said.
New generation aircraft types and technologies have dramatically expanded route and market prospects for airlines and in the longer-term will offer more opportunities and challenges for operators, according to a panel of aviation industry experts at the World Routes conference.
The NTSB is looking into the second Pratt & Whitney PW1500G engine failure involving a low-pressure compressor stage 1 rotor in two months—both involving Swiss International Air Lines A220-300s operating the same route.
AirAsia has rolled out the first eight aircraft with a new onboard Wi-Fi system which it intends to deploy across the rest of its narrowbody and widebody fleets.
