Reading Time: 3 minutes Bombardier Inc. almost won a crucial order from Delta Air Lines Inc. the last time the airline bought new single-aisle planes, but a deal fell apart when the plane maker told Delta it would not make a bigger version of its C Series aircraft. Now, as the two companies again appear close to a single-aisle […]
Reading Time: < 1 minute Southwest Airlines (LUV – Get Report) stock is gaining by 0.42% to $47.33 in late-morning trading on Wednesday, as the airline prepares to release its 2016 first quarter financial results before the market open on Thursday. Analysts have forecast for a year-over-year increase in both earnings and revenue. Southwest Airlines is projected to report earnings […]
Reading Time: < 1 minute The European Regions Airline Association (ERA) is delighted to announce that Borajet Airlines and Nordic Regional Airlines (Norra) have joined ERA, bringing the number of airlines to join the association in 2016 to six, highlighting the value and trust that Europe’s regional airlines place in ERA. “It is fantastic news that Borajet and Norra have […]
Reading Time: < 1 minute Hong Kong International Airport (HKIA) recorded a 4.8% rise in the number of passengers handled in March 2016 compared to March 2015, with a total of 6 million passengers. Aircraft movements were also up by 2.2% year-over-year to 35,060. HKIA management described March growth as “steady”; indeed, January 2016 saw a much larger 16% growth. […]
Reading Time: < 1 minute The volcano Popocatépetl came to life at 2:32 this morning, sending out a column of ash that fell on much of the city of Puebla and closed the airport. The National Disaster Prevention Center, Cenapred, said the volcano spewed ash to an altitude of about three kilometers above the crater. The explosion was accompanied by […]
Reading Time: 4 minutes According to a source of Dau Tu (Investment) Newspaper, Skyviet Aviation JSC will receive an air transportation business license and aviation business license for commercial purposes – the two most important legal items for an airline to take off. “The file of application for the two licenses of Skyviet is valid and it meets the […]
Reading Time: 4 minutes Last week, Delta Air Lines reported another record quarterly profit. Like its peers, the airline giant has faced significant unit revenue pressure for the past year or so, but lower fuel costs have more than made up for the revenue declines. Delta’s management recognizes that fuel prices won’t keep falling forever. To avoid a drop-off […]
Reading Time: < 1 minute Embraer Executive Jets’ new Legacy 450 has received approval to operate from La Mole Airport, becoming the largest business jet capable of providing charter air service into and out of the popular European vacation destination in St. Tropez, France. “The Legacy 450 provides a unique combination of advanced capabilities, operational flexibility, outstanding performance and greater […]
Reading Time: < 1 minute Nordic Aviation Capital (NAC) said on Friday it had agreed to buy Irish leasing company Aldus Aviation, which manages a fleet of 30 jets. No financial details were disclosed. Denmark-based NAC, the world’s largest turboprop lessor recently announced its expansion into regional jet leasing with the purchase of Jetscape, another jet leasing company. NAC’s combined […]
Reading Time: < 1 minute The Estonian Civil Aviation Administration (Lennuamet) has grounded Avies (U3, Tallinn Lennart Meri) following concerns about the carrier’s compliance with safety oversight regulations. While Lennuamet did not explicitly state what its concerns were, it did state the suspension of the carrier’s Air Operators Certificate (AOC) was effective April 1, 2016 and would last either for […]