Capitol Hill needs to ensure that the FAA does not make things worse as Muilenburg nails his colours to the mast

Capitol Hill needs to ensure that the FAA does not make things worse as Muilenburg nails his colours to the mast

🕔15:10, 30.Apr 2019

Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg reports that the board of directors today declared a regular quarterly dividend of two dollars and five and one-half cents ($2.055) per share. At the same shareholder meeting, the shareholders, two

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Airbus reports Q1 performance

Airbus reports Q1 performance

🕔14:36, 30.Apr 2019

Airbus has posted a rise in its revenue to €12.55 billion for the first quarter of 2019, up from €10.1 billion last year, which the company has attributed to increased deliveries of commercial aircraft. The French firm delivered 162 commercial

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Swoop launches its inaugural route

Swoop launches its inaugural route

🕔14:34, 30.Apr 2019

Canadian airline Swoop has launched its inaugural domestic route between London, Ontario and Edminton, Alberta. This is the first of three new routes launching in London, with service to Abbotsford, BC (YXX) and Halifax, NS (YHZ) beginning on May 24

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Westjet makes schedule changes due to 737 Max grounding

Westjet makes schedule changes due to 737 Max grounding

🕔14:33, 30.Apr 2019

WestJet Airlines has made schedule changes and cancelled some of its routes, in the wake of the continued grounding of Boeing 737 Max aircraft. Transport Canada banned the 737 Max in response to the fatal March 10 crash of an

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Chorus Aviation leases five Bombardier aircraft to SpiceJet

Chorus Aviation leases five Bombardier aircraft to SpiceJet

🕔14:32, 30.Apr 2019

Chorus Aviation Capital (CAC) has entered into agreements to deliver five new Bombardier Q400 aircraft to SpiceJet of India under a sale and leaseback transaction. CAC has delivered two aircraft and anticipates delivering all aircraft by the end of June

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Air India allegedly close to default

Air India allegedly close to default

🕔14:31, 30.Apr 2019

Speculation is mounting that Air India is facing turmoil with reports stating that the carrier is about to default on just over $1 billion in loans, used for the purchase of aircraft. The airline’s total debt amounts to $8 billion.

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Shandong Airlines suffers 88% profits tumble

Shandong Airlines suffers 88% profits tumble

🕔14:30, 30.Apr 2019

China’s Shandong Airlines has suffered a huge slide of 88% in its first quarter 2019 profits, as the group posted CNY38.4 million (approximately $5.7 million). The group said in a Shenzhen Stock Exchange disclosure that its attributable net profit plunged 86.3%

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JAL posts 11.4% growth in net profit

JAL posts 11.4% growth in net profit

🕔14:29, 30.Apr 2019

Japan Airlines (JAL) has posted 11.4% growth in net profit, rising to JPY150.81 billion yen ($1.35 billion) from JPY135.4 billion during the same period last year. Sales for the group increased to 7.5% to JPY1.49 trillion, while revenue from its

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VDTM receives ISO certification

VDTM receives ISO certification

🕔14:28, 30.Apr 2019

Volga-Dnepr Technics Moscow (VDTM) has been certified for compliance with the ISO 9001-2015 international standard. The implementation of a quality management system (QMS) was a strategic decision aimed at enhancing the company’s performance, reducing risks and providing a firm basis

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Westjet launches new daily nonstop service to Portland

Westjet launches new daily nonstop service to Portland

🕔14:28, 30.Apr 2019

Canada’s WestJet Airlines has begun a new nonstop daily flight between Portland International Airport (PDX) and Calgary International Airport (YYC). “This nonstop flight between Calgary and Portland is the latest example of WestJet’s investment in our home in Calgary,” said Arved

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