Reunion-based Air Austral has posted a €4.5 million ($5.1 million) full-year net loss, its first loss in five years.

Brunei’s flag carrier Royal Brunei Airlines (RB) plans to launch a regional operation for the island of Borneo, in a tie-up with Malindo Air.

About three months after Icelandic ultra-LCC WOW Air ceased operations, two former managers of the airline and an investment fund plan to establish a new LCC in the country, according to news reports.

Alaska Airlines and Spirit Airlines delivered largely encouraging updates on projected second-quarter results, providing more evidence that the US market is strengthening as it hits peak summer.

A strategic investor could still take over Thomas Cook Group’s airline division even after the tourism company agreed with banks, bondholders and Chinese shareholder Fosun Tourism Group on the basic terms of a major recapitalization.