EasyJet’s strategy of adding flights on routes where rivals have cut back has paid off as its forecast of earnings ahead of expectations helped propel its shares to a record high.
Ten years into the NextGen ATC modernization effort, the U.S. Federal Aviation Administration faces ongoing cost, schedule and technical risks in achieving its objectives of managing increasing air traffic more efficiently, according to the Department of Transportation (DOT) inspector general’s office.
Airbus on Friday completed the 1,000th delivery of its twin-engine wide-body A330 family aircraft, an A330-300 powered by Rolls-Royce Trent 700 engines to Cathay Pacific Airways.
