Air France filed a complaint with the European Commission last November in which it accuses Ryanair of receiving illegal financial aid from “at least” 25 French regional airports.

 The International Air Transport Association (IATA) has halved its forecast for 2010 losses to$2.8bn.

 A British Airways (BA) worker has been charged with three counts of intended terrorism including arranging an inflight suicide bombing, media reports suggest.

 IATA raised its predictions for the average price of oil to $79 per barrel compared to the previous forecast of $75, and increase of $17 per barrel on 2009’s $62 average.

 Japan has opened its newest airport, a ¥22bn ($220m) project situated in the Ibaraki region, Japan, about 50 miles from Toyko.

 Passenger demand is expected to grow 5.6 per cent in 2010 compared to a fall of 2.9 per cent in 2009 and a previously forecasted 2010 growth of 4.5 per cent.

Based on preliminary, unaudited figures, DVB Bank posted solid consolidated net income (after taxes) of EUR76.1m in 2009, a 27.7 per cent decline from the 2008 figure of EUR105.2m.

Air China said it will raise about CNY6.5bn ($952m) via an issue of new shares, becoming the second Chinese carrier to announce fundraising plans this week.

Based on preliminary, unaudited figures, DVB Bank posted solid consolidated net income (after taxes) of EUR76.1m in 2009, a 27.7 per cent decline from the 2008 figure of EUR105.2m.

Bombardier, the world's third-largest airframer, has announced that due to the current unfavourable conditions in the debt capital markets, it has decided to withdraw its proposed institutional private placement of new senior notes.

Airbus parent company EADS reported that 2009 revenues stood at EUR42.8bn, supported by record commercial aircraft deliveries at Airbus (498 units compared to 483 in 2008).

Boeing has completed initial airworthiness testing for the 747-8F prototype 

The Mumbai-based construction and energy consortium Concurrent India Infrastructure is to take a majority stake in Kazi Aviation & Travel Services, a MRO and ground handling company based in Chennai. 

EASA has certified GMF AeroAsia to provide maintenance on A320 aircraft.

AerCap, the aircraft and engine leasing company, has selected Speyer, Germany-based PFW Aerospace to design and manufacture the main deck cargo loading system (CLS) for the planned A320 and A321 conversion freighters. 

A Ryanair 737 on approach to Leipzig Altenburg airport in Germany diverted to Berlin Schönefeld airport last Sunday (March 7), because the tower at Altenburg was temporarily unstaffed and the pilots could not establish radio contact. 

President Raul Castro has named Brigadier General Ramon Martinez to head Cuba’s civil aviation institute, replacing Major General Rogelio Acevedo, state media has reported.

Brian Haines has joined TIMCO Aviation Services as VP sales and marketing.

Lufthansa Systems’ supervisory board has appointed Stefan Hansen as CEO and chairman of the executive board for a period of three years.