Category: US & Canada

Fuel Prices Rise But Major Airlines Have No Hedging Plans

Reading Time: < 1 minute Commenting at the Airline Economics Conference in Dublin on Monday, January 22, four of the major carriers, Delta Air Lines, American Airlines, United Airlines and Dubai-based Emirates, confirmed they will not be hedging fuel bills, despite a recent rise in the cost of oil. For the first time in three years, the global Trent benchmark […]

How Cryptocurrencies Are Changing Private Jet Travel

Reading Time: 2 minutes For private jet passengers, time and reliability are paramount when booking a flight. Flexibility and safety is also within the coveted traits of this market. During the past few months, a new payment method, the cryptocurrencies, have propelled this market to new heights, granting clients with a swifter, secure and universal transaction system. Speed and […]

More M&A Activity Expected In 2018

Reading Time: 2 minutes In the minds of many industry analysts, there’s an air of inevitability about further aftermarket acquisitions in 2018. “MRO M&A activity will continue to be quite robust and consistent with the transaction volumes over the past few years,” predicts Jonathan Berger, managing director of New York-based Alton Aviation Consultancy. An MRO-Network Twitter poll from early […]

Technology to Drive 2018’s Airport Security Landscape

Reading Time: 2 minutes At this year’s edition of The Airport Show, set to run 7 – 9 May 2018, airport security is expected to be one of the key topics discussed by industry players and analyst attending the annual event. With the number of passengers travelling each year expected to rise, the latest figures from IATA projecting 7.8 […]

Delta Under Fire for Listing Taiwan, Tibet as Countries

Reading Time: < 1 minute Delta Air Lines came under fire from the Civil Aviation Administration of China (CAAC) late last week for listing Tibet and Taiwan as countries on its website. The American carrier immediately offered apologies and underlined the mistake was unintentional. “Delta recognizes the seriousness of this issue and we took immediate steps to resolve it. It […]

Trans States Airlines Rolls Out $44,000 Signing Bonus for Pilots

Reading Time: < 1 minute Trans States Airlines has once again demonstrated its ongoing commitment to providing industry-leading pilot compensation by rolling out a $44,000 signing bonus for new hire First Officers. The new bonus, which includes an additional $6,000 bonus for pilots with a type rating, solidifies Trans States’ position among the top paying regional airlines in terms of […]

Alaska and Virgin America Granted Single Operating Certificate by FAA

Reading Time: 2 minutes Alaska Airlines and Virgin America have been granted a single operating certificate by FAA, a key milestone in the integration of the two carriers. Seattle-based Alaska Air Group, parent of Alaska Airlines, acquired San Francisco-based Virgin America for $2.6 billion in cash and $1.4 billion in assumed debt in late 2016. Alaska cautioned that passengers […]

Boeing Unveils New Unmanned Cargo Air Vehicle Prototype

Reading Time: 2 minutes Boeing unveiled a new unmanned electric vertical-takeoff-and-landing (eVTOL) cargo air vehicle (CAV) prototype that will be used to test and evolve Boeing’s autonomy technology for future aerospace vehicles. It is designed to transport a payload up to 500 pounds for possible future cargo and logistics applications. “This flying cargo air vehicle represents another major step […]

Hainan Airlines and CFM Sign $4.2 Billion MOU For LEAP-1A Engines

Reading Time: < 1 minute Hainan Airlines Holding Co., Ltd, a subsidiary of HNA Group, has signed a Memorandum of Understanding (MOU) with CFM International for the purchase of LEAP-1A engines to power 55 Airbus A320neo aircraft, along with a long-term support agreement for Hainan Airlines Holding and its affiliates. The MOU is valued at $4.2 billion U.S. Minister Zhong […]

Delta Named 2017’s Most On-Time Global Airline

Reading Time: 2 minutes Delta Air Lines was named the World’s Most On-Time Airline among mainline carriers by the aviation data and analytics company FlightGlobal, incorporating FlightStats, and is the first U.S. airline to earn the industry-leading distinction in the nine years FlightGlobal’s FlightStats has presented its OPS Awards, according to a release by the company Tuesday. In 2017, […]