Atlantic Airways, the national airline of the Faroe Islands, will re-acquire the 33% of its shares that were sold to the public in 2006. As the Faroese government owns the rest of the shares, the move will effectively mean the renationalization of the small carrier.
UK regional carrier Flybe has doubled its services to six return trips daily between London Gatwick and Newquay Airport and has reported “exceptional demand,” due to the washout of the main railway line between London and southwest England following record-breaking wet weather in Southern England.
Icelandair posted a net profit of $56.4 million for 2013, up from $44.3 million for the previous year and “considerably better” than projected at the start of the year, president and CEO Björgólfur Jóhannsson said.
The European Commission (EC) has launched in-depth investigations into the financial rescue deals for Cyprus Airways and Estonian Air, to verify whether cash infusions breach European Union (EU) state aid rules.
US-based Metron Aviation, which is part of Airbus ProSky, has won a contract from Aerocivil Colombia Air Navigation Services to deploy its Harmony Air Traffic Flow Management (ATFM) system to improve the operational efficiency of Colombia’s national airspace....More
Europe’s A6 alliance of air navigation service providers (ANSPs) will bid for European Commission Trans European Network-Transport (TEN-T) funding to define the best model for common services provision to support deployment of future network and datalink infrastructures....More
UK air navigation services provider NATS has signed a data services agreement (DSA) with satellite based Automatic Dependent Surveillance-Broadcast (ADS-B) provider Aireon for ADS-B surveillance data across the North Atlantic....More
The airline industry is calling for a greater role in the deployment of the Single European Sky Air Traffic Management Research (SESAR) project because it is ultimately responsible for footing the investment bill....More