Japan’s two major airlines expect to remain strongly profitable as they enter a new fiscal year, although while All Nippon Airways (ANA) predicts a gain for the period, Japan Airlines (JAL) is forecasting a slight drop in net income.
Australian regulators have signaled they will not approve plans for Qantas and China Eastern to form a closer partnership, likely derailing the airlines’ strategy to strengthen their positions in the Australia-China market.
Airbus claimed victory over rival Boeing at the Paris Air Show with orders and commitments totaling 421 aircraft announced through the week, but Boeing’s 331 commercial airplane sales included a far larger number of higher value widebodies....More
The GE Aviation/Pratt & Whitney joint venture Engine Alliance said it remains in contention to power the potential re-engined Airbus A380neo with a comprehensive upgrade to the GP7200, but it noted the timing of such a move is dependent on Airbus....More
ATR has sold 46 aircraft and 35 options in the year to date, valued at $2 billion including options, marking a slowdown on its previous performance due to low fuel prices and adverse dollar exchange rates....More