Virgin Atlantic plans to end its Airbus A340 operations by the end of the year, a spokeswoman told ATW July 29.

New African flag carrier Uganda Airlines expects to launch initial services in August, after the country’s aviation regulator awarded an air operator’s certificate (AOC), which was officially handed over at the company’s annual meeting July 29.

Irish LCC Ryanair reported a net profit of €243 million ($382 million) in the first quarter of the 2020 financial year, down 21% from €309 million in the year-ago period, as average fares declined 6% and costs rose.

Spain’s Air Nostrum reported a 2018 net profit of €19 million ($21 million), up 46% compared to 2017.

Scottish regional airline Loganair posted a net profit of £812,000 ($1 million) for the 2018-19 financial year, reversing a previous £7.4 million loss.