British Airways parent International Consolidated Airlines Group SA (IAG) said its first-quarter loss widened as fuel costs crimped margins, European economies slowed and pilots at its Spanish Iberia unit staged strikes. IAG reported a loss of 249 million euros ($321 million), compared with a 102 million-euro shortfall  last year. According to Bloomberg, ‘Analysts had expected a loss of 240 million euros, on average, according to a Bloomberg survey’. Airline-industry profit will probably drop 62 percent [...]

The iconic Australian airline flew until 2001. The Sydney Morning Herald has an interesting story which may see the brand re-born. FANS of long-gone airline Ansett are looking for interest in resurrecting the iconic brand. After a mysterious ad showing an Ansett plane appeared in The Age recently, the website listed on the ad received a huge spike in interest with more than 1500 views in the past week and more than 200 emails. A [...]

Etihad Airways said it remains strongly confident of Airbus’ A350 programme despite cancelling its order for seven planes of the delayed stretched-body A350-1000. “Etihad Airways has a great deal of confidence in the A350 XWB programme and we retain attractive delivery positions for the -1000 derivative,” said an airline spokesperson in a statement received by AFP on Tuesday. The Abu Dhabi-based company said that, despite the new cancellations, which reduced its order book for the [...]

EVA Airways signs deal with Boeing today to buy three B777-300ER planes, according to a co. statement. *EVA to lease four B777-300ER planes from GE Capital Aviation Services: statement *Delivery between June 2014-June 2016: statement *Cargo demand has improved “slightly” after bottoming in 1Q, Nieh Kuo-wei, the carrier’s spokesman, says *EVA has an option for four more B777-300ER planes: co. President Chang Kuo-wei *EVA to buy 3 B777-300ER aircraft for about $930m: statement to Taiwan [...]

Reuters reports that Boeing Co has won two U.S. Army orders worth $668 million for work on AH-64D Apache Block III helicopters for the U.S. military and Taiwan, the Pentagon said on Friday. In a daily digest of major arms contracts, the Defense Department said Boeing had won a firm, fixed-price contract of $486 million for low-rate initial production of 51 remanufactured Apache helicopters in the new configuration. Boeing began work on the orders in [...]

WestJet today announced April traffic results with a record load factor of 86.2 per cent. Revenue passenger miles (RPMs), or traffic, increased 8.2 per cent year over year, and capacity, measured in available seat miles (ASMs), grew five per cent over the same period. The airline flew 1.48 million guests this month; more than 120,000 additional guests than April of last year. “We are very happy with this new record load factor for April, which [...]

Wales Online reports that 1,000 jobs will be created by Cardiff Aviation. Lead singer with rock band Iron Maiden, Bruce Dickinson, has confirmed a multi-million pound aviation project in South Wales which will create up to 1,000 jobs. Through his company Cardiff Aviation a major commercial airline maintenance repair and overhaul operation at St Athan in the of Vale of Glamorgan is being established. The company finalised the deal on the investment with the Welsh [...]