The Internal Revenue Service has asked airlines to refund customers who request a refund of the ticket tax already paid on airline tickets following the closure of the FAA. In a notice posted Wednesda...
GE Aviation plans to open a new manufacturing facility in Ellisville, Miss., to meet accelerating global demand. GE will invest $56 million in the new facility. The company is targeting for production...
Airbus has acquired air-traffic management firm Metron Aviation, subject to regulatory approvals. The US-based company is heavily involved in the U.S. NextGen air traffic modernization effort. Metron ...
For the three months to the end of June, Boeing reported a net income increase of almost 20% to $941m against the same period last year, generating $1.25 earnings per share, up from $1.06 per share in...
Hawaiian Holdings reported a consolidated net loss for the three months ended June 30, 2011 of $50.0 million, or $0.99 per basic and diluted share, on total operating revenue of $395.0 million. The lo...
Delta Air Lines reported earnings have fallen short of Wall Streetestimates owing to the sharp increase in fuel costs. Net income at Delta was $198 million, or 23 cents a share, for the second quarter...
Continental Airlines was forced to cancel 24 of its flights yesterday after several pilots called in sick. Most of the canceled flights affected Continental’s hub at Newark Liberty International airpo...
Ellen Jewett, managing director for BMO Capital Markets, has been appointed to the Board of Directors of JetBlue Airways. Jewett has more than 20 years of experience in the field of airport infrastruc...
While Congress continues to debate the pressing need for the US to raise its debt ceiling to avoid a default, the FAA funding extension program passed by the house, is unlikely to be passed by the Sen...
JetBlue Airways has reported a 19% fall its second-quarter profit to $25 million compared with year-earlier net of $31 million. Revenue was up however by 22% to a record $1.15 billion. The carrier als...
From January 2012, Southwest Airlines will cut its service to Philadelphia from Manchester and Providence, and will also reduce its service to Philadelphia from Boston. The cut equates to a 25% reduct...
Chilean flagship carrier LAN Airlines has posted a 73.7% drop in second-quarter net profit to $15.9 million owing to high fuel prices and because ash from the Puyehue-Cordon Caulle volcano chain in so...
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