The Air France A330 that crashed into the Atlantic last month hit the water intact and at high speed, but was missing for six hours before an emergency was declared, French investigators said in a report yesterday.

Austrian Airlines has said it needs to make cost improvements worth €200m by 2010.

Titan Aviation, based in Dubai, the United Arab Emirates, has received a Legacy 600 executive jet from Embraer.

Boeing today announced its delivery statistics for the second quarter of 2009.

Changi Airport today welcomed Firefly which kick-started its operations with flight FY3505, from Subang, Kuala Lumpur.

AirTran Airways, a subsidiary of AirTran Holdings, reported that its second quarter passenger figures fell five per cent while load factor fell 1.3 percentage point compared with the same period in 2008.

Bombardier announced that it has closed a $600m letter of credit facility agreement with a syndicate of first quality financial institutions, mainly North American-based.

HSH Nordbank has closed a PDP financing for AerCap Holdings covering 10 A330s.

Air France-KLM 1Q sales have slumped, raising questions over the airline's target for a 2009/10 operating loss of EUR129m ($181.5m).

All Nippon Airways (ANA) says it has established an emergency income recovery project to tackle head-on the compound effects of H1N1 influenza and the lack of recovery in demand for air transport overall, in spite of the slight improvement in economic outlook.

Bond investors are demanding a high yield to take on the secured debt of United Airlines parent UAL, as declining travel demand continues to hurt revenues and risk liquidity.

Airbus has launched a study for reinforcing flight data recovery, including extended data transmission for commercial airliners. 

The Federation of Independent Aeronautical Unions, the FSAI, has made a formal complaint to the AESA Spanish Air Safety Agency over their concerns at a lack of sufficient engineering cover at airport control towers in Spain.

A computer glitch forced United Airlines yesterday morning (July 2) to delay and cancel flights at its main hub at Chicago O’Hare International airport.

Sweden-based Volvo Aero and Snecma have signed an agreement for Volvo Aero Norway to supply components for the CFM56-7BE engine.

Construction work has begun on an Airbus component factory in Harbin, in China’s Heilongjiang province.

Gulf Air, Bahrain's national carrier, has appointed Samer Majali CEO.

Hartmut Mehdorn has been appointed new non-executive director to the board of Air Berlin.

Marco Gredig has been appointed head of sales, marketing and business development at Cargologic.