Aviation

IATA cites importance of post-war return to Russian airspace for all airlines | News

A post-war reopening of Russian airspace is an important target for the airline industry, given the congestion and competition concerns created by the current situation, in the view of IATA director general Willie Walsh. Speaking during a media briefing on 6 December, Walsh explained that congestion over Europe is being exacerbated by airspace restrictions over […]

Aviation

Shortage of airframe and engine spares ‘worse than I realised’: IATA chief | News

IATA director general Willie Walsh has warned that a shortage of airframe and engine spares could weigh on the airline industry’s recovery in 2023, amid supply chain challenges at manufacturers. Speaking during a media briefing on 6 December, Walsh said that while the airline association had been aware of issues with spares availability over the […]

Aviation

Airline reliability improves, but full recovery far off: ACCC | News

Australia’s domestic airlines have largely improved their reliability following a record poor performance in the middle of the year, according to data from the Australia’s competition regulator. In its quarterly airline competition report, the Australian Competition and Consumer Commission (ACCC) found that only 2.9% of all domestic flights in October this year were cancelled, a […]

Aviation

Australian competition watchdog ‘concerned’ airlines withholding capacity to keep fares high | News

The Australian Competition and Consumer Commission (ACCC) has warned airlines not to withhold domestic capacity to keep airfares high, as travel demand remains robust. In its quarterly airline competition report, the regulator notes that despite strong holiday travel demand, the country’s airlines are “continuing to hold back adding capacity to the market to better manage […]

Aviation

Pratt & Whitney awarded preliminary contract for F-35 engine ‘enhancement’ | News

Engine-maker Pratt & Whitney (P&W) has won a $115 million US Air Force (USAF) contract in support of the engine enhancement effort for the service’s Lockheed Martin F-35A Lightning II stealth fighters. The company said on 2 December the contract will support “preliminary development activities” on its bid to perform a so-called “core upgrade” on […]