Brazil"™s Defense Minister Joaquim Silva e Luna said on Tuesday he is "certain" that planemaker Embraer (EMBR3.SA) will complete a deal for a tie-up with Boeing Co (BA.N) "this year" and that the talks are in "advanced stages." The Boeing...
The US government"™s withdrawal from a deal to limit Iran"™s ability to obtain nuclear weapons puts an end to a nearly two-year old plan by Iran to acquire or lease 117 Boeing aircraft. President Donald Trump announced on 8 May...
An eight-hour strike by air traffic controllers and ground crew affecting Rome"™s airports on Tuesday would see 721 flights canceled throughout Italy, according to the country"™s civil aviation authority ENAC. The strike would affect regional airports in Lazio, Emilia Romagna,...
We are pleased to send you herewith the April report of the Airlines Financial Monitor. Key points: The initial data for Q1 2018 indicate a pick-up in airline financial performance relative to the same period a year ago. The improvement...
Central and Eastern European carrier Wizz Air expects to grow its fleet to 300 aircraft within the next 10 years, tripling its current size. Wizz operates 96 Airbus A320 and A321s, with the 100th slated to arrive in June. "We...
Gol Linhas Aereas Inteligentes S.A. GOL reported air traffic figures for April. Consolidated traffic, measured in revenue passenger kilometers (RPK), nudged up 1.9% to 2.76 billion. The metric rose 3% on the domestic front while the international figure declined 7.2%....
A company set up to operator Brazil"™s Viracopos airport filed for protection from creditors on Monday, according to a securities filing, but assured that operations at the major cargo hub will remain normal. Aeroportos Brasil SA, which in 2012 won...
Air France-KLM shares plunged on Monday after its chief executive pledged to resign because he had failed to quell labor unrest, throwing the company"™s strategy into question. Its stock was down more than 13 percent, and by half since its...
The airline industry is one that passengers love to hate. And yet, overall customer satisfaction hit an all-time high in 2017 and declined only slightly in 2018, according to the latest American Customer Satisfaction Index Travel Report, which was released...
Deutsche Bank announced on Monday it has partnered with the International Air Transport Association (IATA), the trade association for the world"™s airlines, for a pilot project to test a disruptive new payment model. The bank reported that through the pilot,...
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