Wizz Air Ups Fiscal Full-Year Guidance After Strong Third Quarter

Credit: AirbusCentral and Eastern European LCC Wizz Air has increased its full-year net profit guidance to €350-€355 million ($386-$391 million), up from €335-€350 million, after posting 42.4% net profit growth for its fiscal 2019 third quarter.

EASA, FAA Loosen Iran, Iraq Overflight Bans

Credit: Aviation WeekEASA announced Jan. 29 that it is no longer recommending that European airlines avoid all overflights of Iran and Iraq—precautionary steps it advised following a missile attack by Iran earlier in the month.

British Airways Suspends All Flights To China As Repatriations Begin

Credit: UK Foreign and Commonwealth Office (FCO)British Airways announced Jan. 29 that it will suspend all direct flights to China, effective immediately, after the Foreign Office urged all Britons to cancel any nonessential trips to China.

New Narrowbody Concept Presents Challenges, TAI CEO Says

Credit: TAIAnkara-based Turkish Aerospace Industries president & CEO Temel Kotil said producing the nation’s first passenger narrowbody aircraft is still on the company’s master plan but is currently on hold.

Ryanair Accepts Mediator’s Plan For Irish Pilots, Warns Of MAX Job Cuts

Credit: RyanairRyanair has accepted a mediator’s recommendations on a collective labor agreement with Irish pilot union Fórsa, as it warned of possible further jobs because of growing Boeing 737 MAX delays.

Azul To Sublease Embraer E195s To LOT, Breeze Aviation

Credit: Rob FinlaysonBrazil’s Azul has inked agreements to sublease up to 53 of its Embraer E195 jets to LOT Polish Airlines and U.S. airline startup Breeze Aviation Group.

South African Airways Secures $240M Lifeline

Credit: Rob FinlaysonSouth African Airways has secured R3.5 billion ($240 million) in funding from the Development Bank of Southern Africa, which will be used to provide short-term liquidity.

Avia Solutions Moves Into Cargo Market

Credit: BluebirdLithuania-based aviation conglomerate Avia Solutions Group is to acquire Icelandic freight specialist Bluebird Nordic Cargo.

Local Council Blocks London Stansted Airport Expansion Plans

Credit: London Stansted AirportPlans for a major expansion of London Stansted airport have been halted in their tracks after the local council refused planning permission for the scheme.