SQUAWK

​IndiGo’s parent settles case with securities regulator

Indian low-cost carrier IndiGo’s parent Interglobe Aviation has agreed to pay Rs21 million ($288,000) to India’s securities regulator to settle a case involving compliance violations. Indian low-cost carrier IndiGo’s parent Interglobe Aviation has agreed to pay Rs21 million ($288,000) to India’s...

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IHI’s 9-month results portray weak engine market

Japanese firm IHI continues to see weakness in its civil aircraft engines business, and warns that a full recovery is some years away. Japanese firm IHI continues to see weakness in its civil aircraft engines business, and warns that a...

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Why Boeing needs to work quickly on NMA decision

Boeing needs to begin work on a design for a planned new mid-market aircraft (NMA) if it is to remain competitive against Airbus, says an aviation analyst at the annual Pacific Northwest Aerospace Alliance conference, being held virtually this year....

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Chinese airlines saw 60% plunge in January passenger traffic

Airlines in China carried fewer passengers in January, amid a resurgence of local coronavirus cases that threaten to upend recovery momentum. Airlines in China carried fewer passengers in January, amid a resurgence of local coronavirus cases that threaten to upend...

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IndiGo appoints new CFO

India low-cost carrier IndiGo has appointed Jiten Chopra as its new chief financial officer, following the resignation of Aditya Pande. India low-cost carrier IndiGo has appointed Jiten Chopra as its new chief financial officer, following the resignation of Aditya Pande....

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AAPA sees vaccine egalitarianism as the key to reviving tourism

It will be difficult to reopen borders for tourism until most of the world’s population has been vaccinated, and the disparity between developed and emerging economies could potentially hamper progress, the Association of Asia Pacific Airlines (AAPA) has warned. It...

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Jamaica Defence Force to buy six Bell 505 helicopters

The Jamaica Defence Force has signed a purchase agreement with Bell to buy six Bell 505 helicopters.  The Jamaica Defence Force has signed a purchase agreement with Bell to buy six Bell 505 helicopters. The light single-engined rotorcraft will be...

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Boeing’s backlog slips by 39 jets in January

Boeing’s backlog of commercial aircraft declined by 39 aircraft in January, though the company did receive new orders during the month for four 747-8 Freighters. Boeing’s backlog of commercial aircraft declined by 39 aircraft in January, though the company did...

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Allegiant announces 34 new routes

Allegiant Air will launch 34 new nonstop routes to domestic leisure destinations as the airline continues to plan for customers to return in larger numbers during the summer travel season. Allegiant Air will launch 34 new nonstop routes to domestic...

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Air Canada suspends flights to USA, Latin America, Europe and Asia

Air Canada is temporarily cutting 17 more routes as it struggles to operate amid government travel restrictions designed to mitigate the spread of the coronavirus. Air Canada is temporarily cutting 17 more routes as it struggles to operate amid government...

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