General Electric has developed an automatic computation and throttle control method that could help airlines or business jets avoid fines levied when takeoff…

The US FAA this week authorized two pilots employed by performance-based navigation (PBN) provider, Naverus, to conduct flight validations of public and…

British Airways is to ground 16 aircraft for the upcoming winter season, to rein in capacity following the sharp decline in passenger demand.
It will ground eight Boeing 747-400s and eight 757-200s in order to cut capacity by 4% for winter 2009-10.
BA has already laid plans to sell the 757 fleet to another operator […]

Things can not be going well when your saviour is an Icelandic bank. But Islandsbanki has just bought 42% of Icelandair Group for IKr4.50 (4¢) a share, suggesting that the whole carrier could be bought for less than the sum of $36 million. Islandsbanki - formerly Glitnir and government-owned since Iceland’s financial meltdown - has […]

British Airways has posted an operating loss of £220 million ($349 million) for the year ending 31 March, against a previous profit of £878 million.
The loss includes a restructuring cost of £78 million.
BA’s revenues for the period were up by 2.6% to just under £9 billion for the year, but fuel costs neared […]