October 27, 2018 9:14 pm ET
October 26, 2018 11:55 am ET -
Stuck in Cyprus: GECAS Unable to Repossess Cobalt Planes
Cyprus' Cobalt Air suspended operations indefinitely on Oct. 18, 2018, just days after it was reported that the airline was struggling financially. The 2017 Center for Aviation Start-up of the Year recipient left approximately 200 people jobless and six aircraft…
October 25, 2018 4:50 pm ET -
Iberia Announces More Routes for New A350s, South American Expansion
Spanish flag carrier Iberia has announced a major route expansion for its latest aircraft, the Airbus A350-900XWB, which will now serve Chicago and Buenos Aires, Argentina in addition to New York. First delivered to the airline in June, the newest…
October 25, 2018 12:28 pm ET -
American Airlines Reports Q3 Profit, Achieves Record Revenue
American Airlines announced its third quarter 2018 earnings, reporting a net income of $341 million on total operating revenues of $11.559 billion. This is more than a $300 million drop in quarterly net income from the same dates last year,…
October 25, 2018 12:17 pm ET -
Virgin Atlantic Mulls London to Perth Flight in Direct Competition…
Virgin Atlantic founder and eccentric British entrepreneur Richard Branson said in a recent interview on "Your Money" that the airline is mulling a nonstop flight from London to Perth, Australia. If the plan comes to fruition, Virgin Atlantic would join…
October 24, 2018 1:55 pm ET -
Taiwan’s China Airlines and EVA Air Showcase New Aircraft
The two major Taiwan-based carriers, China Airlines and EVA Air, are showcasing their newest aircraft. According to EVA Air's Steve Lin, the carrier's chairman, the company unveiled the first Boeing 787-9 Dreamliner in Taiwan on Monday. EVA Air has ordered four…