Delta Air Lines CEO Ed Bastian estimates the 11-hr. power blackout at Hartsfield-Jackson Atlanta International Airport (ATL) Dec. 17 cost the company $25-50 million, a Delta spokesperson confirmed....More
U.S. airlines are ending another year of record profits and were once again responsible for a good chunk of the global industry’s earnings. But the costs of fuel and labor are rising....More
Italian leisure and tourism group Uvet has completed its acquisition of formerly insolvent airline Blue Panorama, and is thinking about expanding its fleet, the company said in a statement....More
Viva Air said the aircraft will be operated by two group airlines and will allow the two all-Airbus operators to modernize their fleets and capture growth opportunities across Latin America....More
EU members have endorsed a revision of the European aviation safety regulation that, among other steps, establishes the first EU-wide framework for regulating small drones....More
Sino-Russian commercial aircraft consortium Craic is taking over management of the program to develop the CR929 widebody aircraft, following the partners’ approval of a proposed budget and organizational structure....More
