Greek carrier Aegean Airlines reported a net profit of €80.9 million ($94 million) for the first nine months of 2018, up 13% from a €71.7 million net profit in the year-ago period.

LATAM Airlines Group, buffeted by rising fuel costs and weak currencies, saw its net income decline by 67% to $52.9 million for the third quarter (3Q), compared with the same period last year.

Infrastructure improvements, tax and fee cuts, and regulation reform in Colombia would increase the airline industry’s economic benefits to the country, IATA officials said at the Aviation Day conference in Bogota.

TAP Air Portugal CEO Antonoaldo Neves still sees strong benefits from an alliance membership even though many airlines are choosing to establish joint ventures (JVs).

Slovenia’s Adria Airways signed a letter of intent (LOI) to acquire 15 Sukhoi Superjet 100s (SSJ100s) via a long-term lease arrangement and signed an MOU with Sukhoi Civil Aircraft Co. (SCAC) to establish a joint MRO operation at Ljubljana Airport.