- Italy Will Not Pour More Taxpayer Money into Alitalia: Minister[Dec. 21, 2019]
Italy will not pump more public money into Alitalia, Industry Minister Stefano Patuanelli said on Saturday, warning that the troubled airline could shut down by mid-2020 without a buyer.
- British Airways Loses Height in UK Customer Survey[Dec. 20, 2019]
British Airways has sunk in the view of UK customers over the last year, with the former flag carrier now ranked third bottom short-haul airline, two places above budget carrier Ryanair.
- Philippines' Cebu Air Orders 15 A320neo Jets, Pushing Airbus Toward Sales Milestone[Dec. 19, 2019]
Philippines' Cebu Air Inc said on Thursday it had ordered 15 Airbus SE A320neo family jets worth US$2 billion at list prices, keeping the European manufacturer on track to reach a year-end sales milestone.
- Airlines Liable for Spilt coffee, Top EU Court Rules[Dec. 19, 2019]
Passengers scalded by hot drinks during a flight can hold the airline liable for damages, the top EU court ruled on Thursday.
- Rolls-Royce Gives First Look at One-Seater Electric Plane[Dec. 19, 2019]
British engineering company Rolls-Royce gave a first look at a one-seater electric aircraft on Thursday it hopes will fly in late Spring next year and become the world's fastest all-electric aircraft.
- Two Ratings Services Downgrade Boeing Debt[Dec. 20, 2019]
Two US bond-rating services have downgraded Boeing's debt following the aircraft manufacturer's announcement that it will temporarily suspend production of the 737 MAX jet.
- South Korea's Jeju Air to Buy 51% Stake in Eastar Jet for US$59 Million[Dec. 19, 2019]
South Korean budget airline Jeju Air Co Ltd signed a preliminary deal to buy a 51% stake in unlisted low-cost carrier Eastar Jet Co for about 69.5 billion won (US$58.93 million), Jeju Air and its parent AK Holdings said on Wednesday.
- Airbus Sees Strong Sales Haul This Year on Asia Demand, Long-Range A321[Dec. 18, 2019]
Airbus is on course to end 2019 with a rise in its order backlog after netting more sales than deliveries across its major products, a senior executive said on Wednesday, thanks partly to strong demand in Asia.
- Moody's Cuts Boeing's Debt Ratings As 737 MAX Problems Deepen[Dec. 19, 2019]
Moody's on Wednesday lowered its rating on Boeing Co's debt and said it sees long-term risk to the company's reputation in the wake of the planemaker's plan to halt production of its best-selling 737 MAX jetliner.
- Etihad Extends Contract with Hermes Logistics Technologies to Upgrade Cargo Management System to Hermes 5[Dec. 16, 2019]
Hermes Logistics Technologies (HLT) has extended its contract with Etihad Aviation Group and will begin upgrading Etihad's cargo management system (CMS) to the latest version of Hermes 5 (H5).