Qatar Airways has acquired a 9.99% stake in International Airlines Group (IAG). Both IAG and Qatar Airways have a close relationship already as part of the oneworld alliance and IAG welcomes Qatar Airways’ statement that it would look to strengthen existing commercial ties. Commenting on the share acquisition, Willie Walsh, IAG chief executive, said: “We’re
The Irish facility operated by Lufthansa Technik as part of its European aircraft overhaul network is now called Lufthansa Technik Shannon. What used to be Shannon Aerospace (SAL) – a wholly-owned subsidiary of Lufthansa Technik AG – has thus joined Hamburg, Berlin, Budapest, Malta and Sofia as one of the six European base maintenance facilities
Avianca Holdings S.A. has signed a Memorandum of Understanding (MoU) with Airbus for 100 A320neo Family aircraft. Avianca will base its fleet renewal strategy on the A320neo Family. “After a thorough technical evaluation, we selected the A320neo Family for its excellent fuel efficiency, reliability and comfort,” said Fabio Villegas Ramirez, Avianca Chief Executive Officer. “These
AgustaWestland has completed the delivery of the Italian Police’s AW139 intermediate twin helicopters at the end of December 2014. Deliveries started in mid-2013 and now eight aircraft are in service at five different bases in central and southern Italy comprising three aircraft in Pratica di Mare close to Rome, two helicopters in Reggio Calabria and
Air Canada has reached a tentative collective agreement with the International Brotherhood of Teamsters (IBT) for the airline’s U.S.-based workforce. The agreement is subject to ratification by the union membership. Details of the agreement will not be released pending ratification and approval by the Air Canada board of directors.The IBT represents approximately 650 Air Canada
American Airlines and Korean Air have signed an agreement to begin codesharing. Pending regulatory approval, Korean Air will place its code on American Airlines flights between Dallas/Fort Worth International Airport (DFW) and Incheon International Airport (ICN) in Seoul, South Korea. American began serving Seoul in May 2013. Through American’s extensive network from Dallas/Fort Worth, customers
The long-term contract signed between Thai Airways and AFI KLM E&M involves component availability and repair services for eight Boeing 787 aircraft ordered by the Thai flag carrier, with four of them already in operation. The agreement covers a significant scope of parts in support of THAI 787 operations including consumables, rotables, tooling & equipment,
At least 31 passengers of a TransAsia twin-engine turboprop ATR 72-600 aircraft, flight number GE235, have died after it crashed into Taipei’s Keelung river shortly after take-off from the city’s Songshan airport on February 4th, according to latest reports from the island’s official news agency, CNA. Of the original 58 passengers on board, aside from
Spirit AeroSystems’ operating loss for the fourth quarter of 2014 was (US$273)m compared to operating loss of (US$321)m in the fourth quarter of 2013. Net loss for the quarter was (US$106)m compared to ($587)m in the same period of 2013. The current quarter includes a pretax charge of (US$471)m for the divestiture of Gulfstream programs
Mesa Airlines has reached an agreement in principle, subject to definitive documentation, with Bombardier for the purchase of seven new CRJ900 NextGen aircraft to operate under a long-term capacity purchase agreement with a major U.S. airline. The aircraft will be purchased new from Bombardier and will bring the total number of CRJ900 aircraft operated by
