The world’s leading airline experts are united in their gloomy assessment of industry prospects
One word summed up the mood of the dozen global airline analysts polled in the run-up to IATA’s annual gathering by Airline Business editors about the industry’s prospects: pessimistic.
“It’s going to be ugly,” says Peter Harbison, executive chairman of the […]

Far Eastern Air Transport (FAT), the Taiwanese carrier that has suspended all its operations because of financial problems, has taken a step closer to bankruptcy with a Taiwanese court rejecting FAT’s application for an extension of its bankruptcy protection.
FAT’s bankruptcy protection expired on 22 May and an FAT spokesman says “the court made the […]

Lockheed Martin used ILA 2008, Berlin’s air show to reveal its latest version of the new-generation C-130J Hercules.
The HC/MC-130J is a tailored common core special operations variant intended to replace all of the ‘Heritage Herc’ types now used by the USAF’s Special Operations Command.
These include HC-130N and HC-130Ps, and MC-130Es, MC-130Ps […]

KD-Avia, the carrier based in Russia’s Kaliningrad enclave, has agreed to acquire 25 Airbus A319 aircraft to renew a fleet which entirely comprises Boeing 737-300 jets.
A KD-Avia official had told ATI, flightglobal.com’s sister premium news site, yesterday at a European-Russian airlines event in Brussels that it was intending to place an order for 25 […]

The prospective dates for the launch of replacement narrowbody jets to take the place of the current Boeing 737 and Airbus A320 families may not now appear until 2020 according to both airframers and enginemakers at ILA, Berlin’s air show.
Until recently, 2012 was widely touted as the most likely time for the new airliners […]