News

Air India Express 737 Hits Airport Perimeter Wall on Takeoff

An Air India Express 737 en route from the southern Indian city of Trichy to Dubai on Friday had to land in Mumbai three hours into its flight after Trichy Airport officials reported that the aircraft ‘might have’ hit an airport perimeter wall prior to takeoff. BBC News reported that the aircraft, operated as Air […]

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Another European Airline in Financial Trouble?

Trade war tensions with China are rising in the U.S. as President Donald Trump creates new barriers for Chinese trade. While this has been occurring, Cyprus has kept its doors wide open to Chinese investment and trade, with plans to double bilateral trade to more than $1 billion, equivalent to about 5 percent of Cyprus’ […]

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American Airlines Changes Rebooking Policy

American Airlines has begun instructing their agents to follow a new policy when rebooking disrupted passengers. Their new policy will affect mostly passengers booked in economy class. The new policy is to not book disrupted passengers on flights on competing airlines, according to the Chicago Tribune. This could leave passengers in an indefinite wait for […]

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It’s Official: FAA Reauthorization Act of 2018 Signed Into Law

Over the next few years, the airline industry can look forward to new changes both big and small as President Trump quietly signed into law the Federal Aviation Administration Reauthorization Act of 2018 on Oct. 5. The law makes official some of the most sweeping changes to hit airlines, passengers and other industry companies in decades. […]

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Clock Ticking for OneJet After Missing Service Resumption Date

Almost a week after it was supposed to resume scheduled services, charter airline OneJet seems to be no closer to returning to the skies over the U.S. According to the company’s website, flights were due to restart on Oct 1 upon the acquisition of a ‘full’ 135 operating certificate, part of the Federal Aviation Administration […]

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Etihad Provides Additional Cash Infusion for Struggling Jet Airways

Etihad’s equity partnership in airlines is creating trouble yet again, this time with the perpetually money-losing machine better known as Jet Airways. Etihad, which already owns a 24 percent stake in Jet Airways, has proposed a new financial restructuring and support plan for Jet Airways which will result in an additional investment in the essentially […]

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Cargo Giant ASTG Acquires Omni Air International in $845 Million Deal

Cargo transportation leader and charter services operator Air Transport Services Group (ASTG) has acquired Omni Air International. Omni is known for its widebody charter operations including U.S. military charters, making an acquisition by ATSG a logical next step for expansion. The transaction is valued at $845 million and is expected to add $430 million in annual […]

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Ryanair Shares Plummet After Issuing a Profit Advisory

Ryanair is struggling pursuit of profit and the low-cost carrier giant has warned that the full-year profit will be lower than expected. The expected profit was €1.25 billion to €1.35 billion, to a new range of €1.11 billion to €1.2 billion. Ryanair shares have slumped almost 14 percent since the warning was issued. Starting on […]

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