The U.S. Department of Transport has issued a final order granting Delta Airlines and Aeroméxico antitrust immunity, enabling the two carriers to establish a joint cooperation agreement, thus creating the largest trans-border alliance between the U.S. and Mexico which will benefit passengers of both airlines. According to Delta’s SEO, Ed Bastian, “Together, Delta and Aeroméxico
In May this year, the Brazilian government was mulling over the possibility of filing a complaint with the World Trade Organization (WTO) relating to unfair Canadian government subsidies provided to the struggling Canadian company, Bombardier. On Monday of this week it was announced that CAMEX, the Council of Ministers of Brazilian Foreign Trade Chamber and
Having placed an initial order with Airbus back on 18 January, 2016 for 118 jets, Iran Air has now finalized the agreement, but has dropped the 12 A380s from the order. With the lifting of U.S. sanctions against Iran as a result of the international nuclear accord at the beginning of January this year, Airbus
Egypt’s civil aviation investigation committee is now suggesting that the EgyptAir A320 which crashed into the Mediterranean Sea while flying from Paris to Cairo in May, was likely downed as a result of an onboard bomb. It has been reported that Egyptian air accident investigators have discovered traces of explosive on the remains of victims.
Pratt & Whitney, a division of United Technologies Corp., has obtained joint-Type Certification from the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) for the Airbus A321neo, which is powered by the Pratt & Whitney PurePower Geared Turbofan engine. “Today’s announcement marks a significant milestone for the PurePower engine family and the
Just under a week after Pakistan International Airlines (PIA) flight PH661, an ATR 42-500 turboprop airplane, crashed on its approach to Islamabad, killing all 48 passengers and crew on board, Azam Saigol, PIA’s Chairman, has resigned, stating personal reasons. While it is still not clear what caused the crash near Havelian, officials have indicated that
Having signed an initial agreement back in November 2015, Lufthansa and Singapore Airlines (SIA) have received approval from the Competition Commission of Singapore (CCS) for their joint venture proposal intended to expand codeshare ties as well as commercial cooperation in Europe, Australia and Southeast Asia, along with aligning corporate programs. This is another step the
Subsequent to the tragic accident involving one of its ATR turboprops on December 7, Pakistan International Airlines (PIA) has grounded its entire fleet of ATR aircraft until the Pakistan Civil Aviation Authority (PCAA) investigation board has had the opportunity to perform ‘shakedown tests’ on the these planes. The PCAA will also be conducting a thorough
It has been announced that Mexico’s IAMSA Group has bought out Irelandia Aviation’s stake in VivaAerobús, understood to be a 50% holding, to become the sole owner of the Mexican low-cost carrier. The airline was established in 2006 in a joint venture between the Ryan family, the founders of the Irish low-cost carrier Ryanair, and
The International Air Transport Association (IATA) has announced from Geneva that it expects the global airline industry in 2017 to make a net profit of US$29.8 billion – a 4.1% net profit margin based on total forecast revenues of US$736 billion. This means the industry will, for the third consecutive year, make a return on
