IATA reaches agreement with Open Allies for Airfare Transparency The International Air Transport Association (IATA) and Open Allies for Airfare Transparency (Open Allies) filed a joint motion with the...
Horizon Air has taken delivery of the airline's 51st Q400 turboprop airliner. The aircraft, which is a NextGen model, is the last of three ordered by Horizon in June last year, solidifying the airline...
Air Canada has provided an update regarding its Canadian pension plans solvency status. Based on preliminary estimates and the factors outlined below, Air Canada projects its Canadian registered pensi...
Copa Airlines, subsidiary of Copa Holdings, has announced growth plans for the first half of 2014, which include the launch of new direct flights from Panama to: Montreal; Canada, Fort Lauderdale, Fla...
Brazilian airline, Azul Linhas Aereas Brasileiras, could announce a $450 million initial public offering (IPO) by next week, according to local media reports. The airline abandoned an IPO in August la...
Bombardier Aerospace plans to cut 1,700 employees to contain costs incurred with the CSeries development. The firm has also been impacted by declining business and commercial aircraft orders decline i...
Bombardier booked 81 net orders for commercial aircraft during 2013, which represents a 40% declines on the previous year's performance with 138 net orders. Deliveries were up however to 55 commercial...
Delta Air Lines posted a $2.7 billion net profit in 2013 on earnings of $37.77 billion for the full year 2013 – the airline’s best full-year profit and the top by a US airline in years. Nevertheless, ...
Reports are filtering in that Mexico has reversed a decision to impose a new tax on jet fuel. The tax would have added 0.12 Mexican pesos ($0.009) to each litre of fuel that could have had a serious i...
Bombardier Aerospace has confirmed that the CSeries aircraft program is making solid progress and initial performance results are in line with the company's expectations. However, based on the thoroug...
GA Telesis (GA Telesis) and Wafra Capital Partners has announced that GA Telesis has raised $500 million from institutional and private clients advised by Wafra Capital Partners to establish a new avi...
Air Canada has applied for $100 million in export credit financing from the US Export-Import Bank to finance the purchase of one 787. Eximbank documents show that the board plans to consider the appli...
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