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Portugal, Investors To Share Control Of TAP

February 7, 2016

Portugal, Investors To Share Control Of TAP

The new Portuguese government and a private consortium that bought a 61 percent stake in flag carrier TAP last year have agreed in principle to give the state a larger stake and share control of the airline, leaving it under private management.


Somali Plane Bomb, Meant To Kill All On Board

February 7, 2016

The blast that blew a hole in the fuselage of the Daallo Airlines plane was caused by a bomb meant to kill everyone on board, Somalia's minister for transport and aviation said.


Jet Airways Posts Record Quarterly Net Profit

February 7, 2016

Jet Airways Posts Record Quarterly Net Profit

Jet Airways' December quarter net profit rose more than seven times, with sharply lower fuel costs helping the carrier post a third consecutive quarterly gain following a series of losses.


Air Berlin Managers, Pilots Agree Pay Cuts

February 7, 2016

Air Berlin Managers, Pilots Agree Pay Cuts

Managers and pilots at Air Berlin have agreed to pay cuts as the German airline tries to reduce costs.


CFM Engine Backlog Hits USD$180 Billion

February 5, 2016

CFM Engine Backlog Hits USD$180 Billion

CFM International's order backlog hit USD$180 billion last year as sales of fuel-efficient airliners rose despite low oil prices and weakening economies that have raised concern about an aviation slowdown.



TNT To Sell Airlines After FedEx Acquisition

February 5, 2016

TNT To Sell Airlines After FedEx Acquisition

TNT Express will sell its airline operations to ASL Aviation to comply with European Union rules if the Dutch logistics company's sale to rival FedEx goes ahead.


Florida Extends Health Emergency Over Zika

February 5, 2016

Florida Extends Health Emergency Over Zika

Florida Governor Rick Scott has expanded a public health emergency over the Zika virus, adding a fifth county to the list of areas in the state with travel-related cases.


Airbus To Delay Some A320neo Deliveries - Report

February 5, 2016

Airbus To Delay Some A320neo Deliveries - Report

Airbus is reported to be renegotiating delivery schedules for the A320neo and has told some airlines the aircraft will be delayed by around two months, as issues with new engines continue.


Plane Evacuated In Madrid After Bomb Threat

February 4, 2016

Plane Evacuated In Madrid After Bomb Threat

Spanish authorities evacuated all passengers and crew from a Saudi Arabian Airlines flight bound for Riyadh at Madrid's Barajas airport after a bomb threat.


Kuwait Airways Retires 1,350 Staff

February 4, 2016

Kuwait Airways Retires 1,350 Staff

Kuwait Airways retired 1,350 Kuwaiti nationals during the last two years, part of a plan to cut costs and return to profit by 2019.