AirlinesAmerican confirms $200 million investment in China SouthernAmerican Airlines confirmed it has agreed to make a $200 million equity investment in China Southern Airlines, and the two airlines will enter into a long-term partnership.
LinkAl Baker: Qatar ‘unfairly’ included in US electronics banQatar Airways CEO Akbar Al Baker has criticized the US ban on large personal electronic items, saying it is unfair and not properly thought through.
LinkIATA DG: Electronics bans create ‘severe’ commercial distortionsIATA said the US and UK governments should “urgently find alternatives” to the carry-on electronics bans announced by both countries last week.
LinkAegean Airlines cuts capacity for first time since Olympic Air acquisitionIn 2017 the Aegean Airlines Group will make its first cut in seat capacity and fleet numbers since 2012. This follows three years of rapid expansion by the group since its Olympic Air acquisition in 2013. Olympic's all turboprop fleet focuses on the domestic market but also helps to feed Aegean's international network, particularly through its Athens hub. Cuts will focus on the domestic market.
LinkAA launching new summer route from Charlotte in JuneInterested in visiting Mount Rushmore National Memorial this summer? American Airlines will offer a new seasonal route from Charlotte to Rapid City, S.D. that launches June 3.
LinkPeruvian 737 caught fire after landingA Peruvian Airlines Boeing 737-300 has been destroyed by fire after veering off the runway while landing at Francisco Carle airport in Jauja, Peru.
LinkAvianca countersues minority shareholder KingslandLatin American airline Avianca has countersued its minority shareholder Kingsland Holdings, asking a New York court to stop Kingsland from interfering with the airline’s partnership talks with United Airlines.
LinkCebu Pacific picks AFI KLM E&M for A320 component supportCebu Pacific has selected Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) to provide component support on its current and future Airbus A320 family fleet. The long-term contract encompasses full component support and solutions, including repairs and local pool access to maximise aircraft availability. It is also AFI KLM E&M's first agreement with Cebu Pacific, says the company.
LinkDelta and Korean Air to Expand PartnershipDelta Air Lines (DAL) and Korean Air have reached an agreement to deepen their historic partnership, with an expanded trans-Pacific network that will increase travel choices and boost competition between the U.S. and Asia.
LinkTaban 737 suffers apparent gear failure at ArdabilIranian authorities are looking into a landing accident involving a Boeing 737-400 operating for Taban Airlines. The aircraft (EP-TBJ) suffered a failure of its right-hand main landing-gear at Ardabil airport, in the far north of Iran, on 27 March.
LinkVirgin Atlantic profits shored-up by holidays divisionUK operator Virgin Atlantic has slightly increased its full-year pre-tax profit to £23 million ($29 million) before exceptional items, despite a slip in revenues. Virgin Atlantic, which has a partnership with Delta Air Lines, turned in group revenues of £2.69 billion, down 3.3%, while unit revenues declined by 4.3% at constant currency.
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