Allegiant Air’s decision to switch to an all-Airbus fleet continued to pay off in the second quarter as the airline’s net income jumped 41% despite having six fewer aircraft from the year-ago period.
The Chinese government is suspending a program that allowed individual tourists to visit Taiwan, restricting travel to the island to groups organized by travel agencies.
Airbus reported a considerable jump in first-half net profit, which more than doubled to almost €1.2 billion ($1.36 billion), compared to €496 million a year ago.
It was no surprise last week that US President Donald Trump told the CEOs of the “big three” US airlines—American Airlines, Delta Air Lines and United Airlines—either to file a complaint under the International Air Transportation Fair Competitive Practices Act of 1974 (IATFCPA) or stop their relentless, multimillion dollar lobbying campaign against Gulf carrier competitors such as Emirates Airline.
Air France-KLM posted a second-quarter operating profit of €400 million ($446 million), a nearly 16% increase from €346 million a year ago, as revenue gains and lower unit costs offset a higher fuel bill.
Hawaiian Airlines reported a decline in net profit for the second quarter, as the airline comes under increasing competitive pressure in some of its key markets.
British Airways (BA) has lost its latest attempt July 31 to block pilots from staging a strike, as the likelihood of industrial action increased at the height of the summer holiday season.
The top 10 airlines by ancillary revenue worldwide generated $35.2 billion from non-ticket sources in 2018, up from just $2.1 billion in 2007, according to a new report from IdeaWorksCompany.
In a bid to meet a growing demand for staff in one of Southeast Asia’s fastest-growing aviation markets, FLC Group’s Bamboo Airways broke ground in July on a new training center in Quy Nhon in central Vietnam.
Air France-KLM confirmed its transformation plans for the Air France fleet July 30 by signing an MOU for at least 60 Airbus A220s while also announcing it will retire the airline’s 10 A380s by 2022.
All Nippon Airways (ANA) saw its first-quarter net profit decline 29% to ¥11.4 billion ($104.9 million), compared to ¥16.1 in the year-ago period, partly the result of higher costs as the airline prepares for a growth phase in 2020.
The much-delayed Berlin Brandenburg Airport (BER)—which is still on track to open in October 2020—has begun final technical tests, a prerequisite for opening.
Shifting macro trends will combine to keep Airbus and Boeing from raising production rates past currently announced levels and hold book-to-bill rates below 1 for the next few years, analysts at Bloomberg Intelligence (BI) conclude.
Canadian LCC WestJet posted a C$44.3 million ($33.6 million) net profit in the second quarter (2Q), reversing a C$15.8 million loss in the year-ago period, despite the grounding of the airline’s 13 Boeing 737 MAX 8 aircraft.
Air France-KLM is reportedly set to announce a large order for new narrowbody aircraft as CEO Ben Smith moves forward with a long-awaited revamp of the airline group’s short- and medium-haul fleet.
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.
