AviTrader sponsorship ad

Top Stories

Chaos at Fort Lauderdale Airport after flight cancelations

An ongoing labor dispute between Spirit Airlines and the Air Line Pilots Association (ALPA) which is representing Spirit Airlines’ pilots, has resulted in the cancelation of over 300 flights since the beginning of May, with 81 alone cancelled last Sunday. Security had to wrestle with unruly passengers at the Ft. Lauderdale-Hollywood International Airport after flight

Read More »

Strong end to 2017 first-quarter passenger traffic

The International Air Transport Association has released figures for March 2017 which indicate that passenger traffic ended on a strong note at the end of the first quarter. Demand in measured in RPKs rose 6.8% compared to March 2016, capacity grew 6.1% and load factor increased by one half of a percent to 80.4%, which

Read More »

Sydney to get second international airport by 2026

Despite Sydney Airport Holdings, the 84% owner of Sydney’s Kingsford Smith Airport, walking away from the project, the Australian federal government has confirmed its intention to go ahead with the building of a new AU$5-AU$6bn Sydney airport. The location will be at Badgerys Creek in the Western Sydney district, approximately 60km from the city’s central

Read More »

Airbus Q1 profits halve after engine delays and price reductions

The day after Boeing announced a Q1 19% rise in profits, Airbus has announced a fall in adjusted operating profit of 51%, to €240m for Q1 2017. Revenue increased 7% to just under €13bn and while analysts had predicted a loss, the 52% drop was appreciably greater than the 31% anticipated. Airbus shares fell by

Read More »

Republic Airways plan of reorganization receives final approval

Republic Airways Holdings, the parent of Republic Airline, one of the largest independent regional airlines in the United States, released that the Honorable Judge Sean Lane of the United States Bankruptcy Court for the Southern District of New York, has approved Republic’s Plan of Reorganization and has entered an order to that effect. This decision

Read More »

Russia’s UEC to prepare for mass production of Irkut MC-20 engines

Rostec State Corporation, the parent company of Russia’s United Engine Corporation (UEC), has announced this week that a 21.9 billion ruble investment will be made between 2017 and 2025 to upgrade production facilities prior to going into mass production of the Aviadvigatel PD-14 engine which will be used to power the new Irkut MC-21 narrow-body

Read More »

Alitalia staff vote on restructuring deal to rescue ailing airline

After lengthy negotiations between unions and the Italian flagship carrier Alitalia, mediated by the Italian government, a rescue package for the ailing airline has been put to the vote, with approximately 12,500 employees casting their ballots between Thursday, April 20 and Monday April 24. In mid-March a comprehensive restructuring deal was put on the table

Read More »
AviTrader sponsorship ad