Tag
Aviation
9 articles
Iraq Resumes 40 Daily Iran Flights to Najaf Under U.S. Exemption
Baghdad secured a U.S. waiver for Iranian airlines, excluding Mahan Air, to operate 40 daily flights to Najaf, easing travel for pilgrims and medical patients.
Flydubai Pilot Describes Fight With Co-Pilot During Suspected Hijacking
Captain Smit Machchhar, injured in the Wednesday attack aboard Flight FZ 1073, told Indian Prime Minister Narendra Modi he could not allow passengers to die
Airbus A350F Maiden Flight Sets Up Direct Challenge to Boeing's Cargo Dominance
Airbus completed the first test flight of its A350 widebody freighter with 103 orders in hand, targeting late 2027 entry to service with 20 percent fuel efficiency gains over older cargo jets.
Iraqi Airways Resumes Iran Flights as Tehran Challenges US Sanctions
Iraq's flag carrier restored service between Najaf and Iranian airports after a temporary halt driven by US secondary sanctions threats, while Iran filed complaints with international bodies.
AAR's $1.8B MRO Holdings Bet Targets $5M-Plus Annual Maintenance Cycles
AAR Corp. acquires 65 percent of MRO Holdings to capture higher-margin aircraft maintenance demand as a 20-year-old fleet drives $5M annual maintenance bills and shortages of new aircraft persist.
Blackstone Nears Deal for 25 Percent Stake in Air Canada's Aeroplan at C$2.5 Billion Valuation
Blackstone and Canadian pension funds are reportedly close to acquiring a combined 25 percent stake in Aeroplan, giving Air Canada capital to fund fleet upgrades and cabin renovations.
Lufthansa Cuts Full-Year Profit Outlook as Fuel Costs Rise €1.7 Billion
Deutsche Lufthansa AG warns annual profit will fall short of original targets, citing a €1.7 billion surge in jet fuel costs tied to the Iran conflict.
Delta's Bastian: Spirit's Struggles Show Airline Capacity Reset
Delta CEO says challenges facing ultra-low-cost carrier Spirit Airlines represent a necessary market adjustment for the industry
Geopolitical Jolt Forces Tech To Re-Architect Supply Chains As Spirit Airlines Fails
The dramatic doubling of jet fuel prices following President Trump's actions in Iran has shuttered Spirit Airlines, forcing a critical re-evaluation of energy resilience and logistical technology across industries.