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SpeedNews has been the source for easy-to-read news and information for executives in the commercial, business, and military aviation industries since 1979. Here you will find the latest industry news along with information on SpeedNews newsletters and aviation industry events.
Latest Aviation News
8/7/2008
DELTA and NORTHWEST received unconditional clearance from the European Commission to merge.
8/7/2008
BOEING is forecasting 5.8% annual air cargo growth over next 20 years with world freighter fleet increasing from 1,948 to 3,892 aircraft over the period. It projects market for 863 new production freighters worth $206b.
8/7/2008
TIGER AIRWAYS reported net profit of S$37.8m for year ended March 31 (vs S$14.3m loss a year ago) on 56% higher revenues.
8/6/2008
CATHAY PACIFIC lost HK$663m in 1H08 (vs HK$2.6b profit in 1H07) on 23% higher turnover.
8/6/2008
US DOT plans September 3 to auction 5-year lease of slots (formerly held by Eos) to operate a single roundtrip flight at Newark in order to implement market mechanisms, gauge interest and determine a slot's value for future auctions.
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