Qantas is making major changes to its corporate structure that will allow it to attract new foreign shareholders for its international business following a full fiscal year record loss of A$2.8 billion ($2.6 billion).
Air New Zealand has again boosted its annual profit for the fiscal year through June 30, which will help the carrier accommodate the significant investments it is making in fleet growth and lounge upgrades.
House of Representatives Transportation and Infrastructure Committee chairman Bill Shuster (R-Pennsylvania) has called FAA reauthorization “one of my highest priorities” and pledged to push for “transformational” aviation legislation next year....More
American Airlines (AA) chairman and CEO Doug Parker has chastised the US political system for treating the airline industry like a vice rather than a business that fuels the economy and warned that the fast growth of major Gulf carriers is an increasing threat to US carrier global competitiveness....More
Privatization of the US’s air traffic control (ATC) system will be considered as part of the FAA reauthorization legislation Congress will take up next year, according to a House of Representatives member....More