United Tech rules out new widebody engine
Greg Hayes, chief executive officer of United Technologies, has ruled out the company building a new widebody engine because of the lack of a convincing financial case for it. Even though technically...
Greg Hayes, chief executive officer of United Technologies, has ruled out the company building a new widebody engine because of the lack of a convincing financial case for it. Even though technically...
Republic Airways Holdings has reached an amendment to its Capacity Purchase Agreement (“CPA”) with Delta Air Lines to operate nine additional 69-seat E170 aircraft. The aircraft are scheduled to be pl...
Delta Air Lines predicts it could lose a predicted $1.2bn from its fuel hedges due to the declining oil prices, compared to an expected benefit of $1.7bn when the hedge were put in place. However Delt...
Southwest Airlines has announced that it is adjusting its fuel hedges to protect itself against future swings in jet-fuel costs. Chief Executive Officer Gary Kelly stated that the decline in the oil p...
Jetlines has ordered five 737 MAX 7s as the new Canadian ultra-low cost carrier builds its future fleet. The order, valued at $438 million at current list prices, includes purchase rights for an addit...
Abu Dhabi Airports has announced two more routes operated by Jet Airways from Abu Dhabi International Airport. The new routes are now flying daily to Goa and Lucknow. The new flights are in addition t...
The UK Transport Secretary has demanded NATS, the UK air traffic management authority, launch a full investigation into the computer failure on Friday that closed UK airspace for 35 minutes, leading t...
Scandinavian Airlines (SAS) has secured a pre-delivery payment (PDP) financing facility for two A330-300 Enhanced and six A320neo aircraft and is structured as a revolving credit facility under which ...
Shares in Avolon fell almost 6% following its debut on the New York stock exchange on Friday despite pricing the shares below its expected range of US$21-23. Other lessor stock has also fallen however...
It has been reported that Eamonn Cronin, a former vice president of finance at AWAS, is launching a new international aircraft leasing business that will focus on Asia. On its website, Octagon Aviatio...
In an open letter, Air France, KLM Royal Dutch Airlines and Lufthansa, as well as several European pilots’ and cabin crew unions, have written to the European Commission (EC) jointly opposing plans by...
An Air Algérie aircraft has been grounded by Belgian authorities due to a dispute between the airline and aviation firm K’AIR dating back to July 2008. The dispute concerns a contract for the sale of...
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