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Spain Agrees EUR3.7 Bln Aid To Aviation Sector
November 7, 2009
The Spanish government has approved EUR3.7 billion euros (USD$5.5 billion) of aid for the country's aeronautical industry for the period 2010-2014, the Industry Ministry said in a statement on Friday.
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US Airlines' Revenue Trends Improve In October
November 7, 2009
Traffic for the top three US airlines slumped in October, but load factors for most of the nine largest carriers rose and the decline in unit revenue showed signs of slowing down.
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SAS October Traffic Down 13.5 Percent
November 7, 2009
Scandinavian airline SAS said on Friday that October passenger traffic fell 13.5 percent from the same month a year ago.
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Embraer To Produce Large Jet In China - Report
November 7, 2009
Brazilian aircraft maker Embraer will produce its 120-seat E-190 jet in China to respond faster when the country's aviation market recovers, O Estado de S. Paulo said on Friday.
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Asur October Passenger Traffic Down 7.2 Pct
November 6, 2009
Mexican airport operator Asur said on Friday its October passenger traffic fell 7.2 percent from a year before, hurt by declines in six of its nine destinations, including the resort of Cancun.
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Air Canada Posts Profit, Sees Recovery Signs
November 6, 2009
Air Canada reported a quarterly net profit on Friday and said it sees signs the bottom of the recession is behind it although it does not expect a full recovery for another 12 to 18 months.
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India May Allow Foreign Carriers In Airlines - Report
November 6, 2009
India is set to consider a proposal to allow foreign airlines to own up to 49 percent equity in Indian carriers, the Indian Express reported on Friday.
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Japan Airlines' Survival Hinges On Pension Cuts
November 6, 2009
Five years after retiring from Japan Airlines, former pilot Tsutomu Watanabe is fighting to protect the pension he was promised but that the airline can no longer afford to pay.
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BA Swings To H1 Loss, Sees Improved Outlook
November 6, 2009
British Airways fell to a worse than expected first-half loss and forecast annual revenue would be GBP1 billion pounds lower than last year.
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WestJet's October Loads Up, Air Canada's Slip
November 5, 2009
Traffic numbers at Canada's major airlines flew in opposite directions last month, with WestJet Airlines boosting its percentage of seats filled and Air Canada reporting a slight drop.
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Korean Sees Recovery, Delta Signals Improvement
November 5, 2009
Heads of SkyTeam airline alliance members expressed some optimism about the industry's recovery but noted uncertainties from the H1N1 flu virus and the overall economy.
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Airbus Flies Freighter It Hopes To Build In US
November 5, 2009
Airbus carried out the maiden flight on Thursday of a new freight plane that could mark its entry into aircraft assembly in the United States, if it wins an epic contest with Boeing over aerial tankers.
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Northwest Pilots Appeal Revocation Of Licenses
November 5, 2009
The two pilots of a Northwest Airlines flight who overflew their destination for more than an hour last month have appealed the revocations of their licenses in a filing with the NTSB.
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Costs, Delays Scupper Airbus A400M Sale To S.Africa
November 5, 2009
South Africa cancelled a USD$5.2 billion contract to buy eight Airbus A400M military transport aircraft due to rising costs and delivery delays, cabinet spokesman Themba Maseko said on Thursday.
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Regional Carrier Skywest's Profit Edges Higher
November 5, 2009
Regional airline SkyWest posted higher third-quarter earnings on Thursday helped by a 34 percent drop in expenses as fuel costs decreased.
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Spirit AeroSystems Posts Higher Profit
November 5, 2009
Spirit AeroSystems Holdings said on Thursday that quarterly results improved from a year earlier, when a strike at key customer Boeing hurt shipments of its aircraft parts.
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US Couple Arrested For Stealing Scores Of Luggage
November 5, 2009
Police have solved the mystery of where about 1,000 pieces of luggage from Phoenix's Sky Harbor Airport disappeared to -- the home of local couple Keith and Stacy King.
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SAS Makes Surprise Third Quarter Profit
November 5, 2009
Scandinavian airline SAS posted a surprise pretax profit in the third quarter and said it expected to unveil the results of talks with unions on cost savings that are key to its survival later on Thursday.
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Air Berlin Fare Yields Fell By 1 Pct In October
November 5, 2009
Air Berlin, Germany's second-biggest airline, said profitability per seat sold eased in October, which is the first decline this year.
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Juneyao Air Plans IPO, To Raise USD$290 Mln
November 5, 2009
Privately-run Chinese carrier Juneyao Airlines will start preparing for its initial public offering later this year, raising up to CNY2 billion yuan (USD$293 million), a senior executive at its parent firm said on Thursday.
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