ATW Daily News ATW Daily News Business news and events affecting the global airline industry | |
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Alan Dron African LCC fastjet has raised $10 million from investors, staving off imminent financial collapse after the airline warned last week that it might not survive without a further round of equity fundraising. |
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Aaron Karp Airbus and Bombardier confirmed the transaction transferring majority control of the CSeries program to Airbus was completed as scheduled July 1. |
Alan Dron Franco-Italian turboprop manufacturer ATR seems to be anticipating considerably lower sales this year than in 2017, following a briefing in London June 29 ahead of the Farnborough Air Show in mid-July. |
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Alan Dron Premium Content European turboprop manufacturer ATR is applying to US authorities for a new license that will allow it to deliver the remaining aircraft from its order from Iran Air. |
Bradley Perrett Premium Content China Southern Airlines will open a route between Los Angeles, California, and the northeastern Chinese city Shenyang this year, the local government said.
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Adrian Schofield Premium Content Korean LCC Jin Air has signaled it will cooperate with the South Korean government’s move to hold hearings on its future, and has committed to improvements in various management and operational areas. |
Helen Massy-Beresford International Airlines Group (IAG)’s low-cost, long-haul airline Level began its first service from Paris to Montreal July 2, using an Airbus A330-200. |
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