Aero-News Network: The aviation and aerospace world's daily/real-time news and information service

Gatwick’s Investment Program Increases To £2.5 Billion

Airport Calls For Consultants To Deliver A Second Runway

Gatwick Airport has announced the acceleration and expansion of its investment program, totalling £2.5 billion (approx. $3.6 billion), to cope with rapid passenger growth, and has opened discussions with contractors about building its second runway.

Airbus Starts A350-1000 Final Assembly

Largest Member Of A350 XWB Family Becomes Reality

Airbus has started final assembly of the first A350-1000 on schedule at the A350 XWB Final Assembly Line (FAL) in Toulouse, France. This A350-1000, one of three flight test aircraft to be built, will take to the skies for its maiden flight before the end of 2016. A350-1000 deliveries will start in mid-2017.

JetBlue Launches JetBlue Technology Ventures In Silicon Valley

Goal Is To Shape The Future Travel Experience

On the day JetBlue celebrated the 16th anniversary of its first flight, the airline announced the launch of JetBlue Technology Ventures, a wholly owned subsidiary that will invest in, incubate and partner with early stage startups at the intersection of technology, travel and hospitality.

Southwest Airlines Reports Record Profit Sharing

Gives Employees Record $620 Million For 2015

Southwest Airlines will share $620 million through its ProfitSharing Plan with its Employees for 2015—equaling approximately 15.6 percent of each eligible Employee's eligible compensation, or the equivalent of eight weeks' pay.

World Fuel Services Corporation To Acquire ExxonMobil Affiliates

Deal Includes Fueling Operations At 83 International Airport Locations

A wholly-owned subsidiary of World Fuel Services Corporation has signed a definitive agreement to acquire from certain ExxonMobil affiliates their aviation fueling operations at 83 airports in Canada, the United Kingdom, Germany, Italy, Australia and New Zealand. Further, an additional three locations in France are expected to be added to the definitive agreement subject to certain required reviews associated with such transaction.

A4A Opposes White House Proposal To Hike Taxes On Air Travelers

Obama Budget Proposes An Additional $7.9 Billion In Annual Taxes On Airlines And Their Customers

Airlines for America (A4A), an industry trade organization for U.S. airlines, has issued a statement opposing the FY 2017 White House budget proposal, which would drive up the federal tax burden on airlines and their customers by an additional $7.9 billion per year, up from the more than $22.6 billion they pay today.

Southwest Airlines Pilots Picket Outside Orleans Casino In Las Vegas

Hold Employee Event After Four Years Of Negotiations

Hundreds of uniformed pilots from the Southwest Airlines Pilots' Association (SWAPA) lined the streets near the Orleans Hotel & Casino in Las Vegas Wednesday in protest of the lack of progress toward a new contract after four years of negotiations. Southwest Airlines held an employee rally inside the Orleans Arena today to discuss company performance, business plans and future goals.