Australia’s Regional Express (Rex) has slashed capacity on several marginal routes in New South Wales (NSW) in what the airline describes as its “most wide ranging network review to date” following a step drop in profits.
Canada’s Ontario Teachers’ Pension Plan has assumed sole ownership of Bristol Airport in the UK, following an agreement to purchase the 50% stake of co-shareholder Macquarie European Infrastructure Fund (MEIF).
UK air navigation services provider (ANSP) NATS has commissioned Spanish-based technology multinational Indra to support deployment of the interoperability Through European Collaboration (iTEC) system in the Prestwick Upper Airspace Center in Scotland.
Spanish infrastructure company Abertis has nearly completed the divestment of its airport business, following an agreement to sell its 33.33% stake in Aeropuertos Mexicanos del Pacífico (AMP), for $222 million.
The unions representing Monarch Airlines’ staff have agreed to major concessions on pay and terms and conditions, as part of the UK leisure carrier’s plan to evolve into a scheduled low-cost European airline.
The recently approved alliance between Air New Zealand and Singapore Airlines will officially launch Jan. 6, 2015, marking the return of the New Zealand carrier to Singapore after an absence of almost eight years.
Air traffic surveillance and tracking specialist Aireon said it will offer its Aircraft Locating and Emergency Response Tracking (Aireon ALERT) global emergency tracking solution free of charge to the aviation community for any automatic dependent surveillance-broadcast (ADS-B) equipped aircraft.
Bangkok Airways has filed a submission to the Thai Securities and Exchange Commission (SEC) for an initial public offering (IPO) of just under 25% of the company, aimed at generating additional funds for fleet renovation and infrastructure upgrades.
UK airports are reducing their carbon footprint and managing noise despite handling an additional 10 million passengers in the two years to 2012, according to a report published by the Airport Operators Association (AOA).
Philippine Airlines’ (PAL) new management team is reviewing all parts of its operation to determine if any changes to fleet and network plans are required, president and COO Jaime Bautista said....More
The head of the Association of Asia Pacific Airlines (AAPA) condemned the shooting down in July of a Malaysia Airlines Boeing 777 as “a military failure,” and stressed that maintaining a robust, safe commercial aviation system requires the sharing of information of where and when it is safe to fly....More