IRS TELLS AIRLINES TO REFUND TAX
The Internal Revenue Service has asked airlines to refund customers who request a refund of the ticket tax already paid on airline tickets following the closure of the FAA. In a notice posted Wednesda...
The Internal Revenue Service has asked airlines to refund customers who request a refund of the ticket tax already paid on airline tickets following the closure of the FAA. In a notice posted Wednesda...
GE Aviation plans to open a new manufacturing facility in Ellisville, Miss., to meet accelerating global demand. GE will invest $56 million in the new facility. The company is targeting for production...
Airbus has acquired air-traffic management firm Metron Aviation, subject to regulatory approvals. The US-based company is heavily involved in the U.S. NextGen air traffic modernization effort. Metron ...
For the three months to the end of June, Boeing reported a net income increase of almost 20% to $941m against the same period last year, generating $1.25 earnings per share, up from $1.06 per share in...
Hawaiian Holdings reported a consolidated net loss for the three months ended June 30, 2011 of $50.0 million, or $0.99 per basic and diluted share, on total operating revenue of $395.0 million. The lo...
Delta Air Lines reported earnings have fallen short of Wall Streetestimates owing to the sharp increase in fuel costs. Net income at Delta was $198 million, or 23 cents a share, for the second quarter...
Continental Airlines was forced to cancel 24 of its flights yesterday after several pilots called in sick. Most of the canceled flights affected Continental’s hub at Newark Liberty International airpo...
Freight airline and aircraft lessor Southern Air has signed a deal with Saudi Airlines Cargo to operate one of their Boeing 747 freighters on behalf of the Middle Eastern airline. The ACMI (aircraft, ...
African aviation authorities have admitted to a serious shortage of qualified personnel amid projections that the world would need over a million pilots and maintenance staff in the next 20 years. Als...
Faced with growing international unease over the application of the EU Emissions Trading Scheme (EU ETS) to aviation, the European Regions Airline Association (ERA), which represents some 65 intra-Eur...
Airbus has agreed to acquire Danish aircraft parts distributor Satair for more than $500 million. Shares in Satair rose 22.8% on the news in Copenhagen. Airbus will offer Satair shareholders 580 Danis...
Air France-KLM has posted a €212 million net loss for the April-June quarter. The airline group’s operating loss widened from a year ago to €145 million even though revenue rose 8.7% to €6.22 billion....
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