Following on the heels of competitor Evergreen International Airlines, World Airways CEO John Graber announced earlier today that World will cease operations immediately.
U.S. air passenger revenue rose 13 percent in February, marking the 14th consecutive month of revenue growth, according to a report by the Air Transport Association of America.
Rolls-Royce on Friday announced that a single faulty component caused the engine failure on the Trent 900-powered Qantas A380 that was forced to make an emergency landing last week.