Greek flag carrier Aegean Airlines recorded a net loss of €21.5 million ($24 million) for 1Q 2016, widened from a €8.3 million net loss for the year-ago quarter.
Malaysia Airlines Berhad (MAB), now a government-controlled entity of Malaysian sovereign wealth fund Khazanah, said in its May Quarterly Progress Update (QPU) it was seeing “strong indications [of] positive results” as a result of ongoing restructuring.
The problem of fraudulently obtained travel documents is outstripping forged passports as one of the key identity validation issues facing the air transport industry today.
Security screening wait times at Chicago airports have improved significantly from earlier this month, according to the Chicago Department of Aviation (CDA) and the Transportation Security Administration (TSA).
European lobby group Airlines for Europe (A4E) said it is “astonished” that Norway’s government is pressing ahead with a new airline passenger tax despite evidence that such levies depress demand and weaken both airlines and airports.
SAS Scandinavian Airlines has had to cancel around 180 flights over the past five days after it grounded the fleet of 10 Bombardier CRJ900 regional jets operated by wholly owned subsidiary Cimber for precautionary undercarriage checks.
India’s Jet Airways Group posted a net profit of $185 million for the 2015-16 financial year, reversed from a net loss of $342 million for the year-ago period.
Icelandic budget carrier WOW Air is to add three Airbus A321-200s, one A321-200neo and one A320-200neo to its fleet, sourced from Air Lease Corp. (ALC).
Aurigny Air Services, a regional airline based on the Channel Islands, has placed a firm order with Swiss technology company RUAG for a second Dornier 228.
Dublin-based regional CityJet has taken delivery of its first 98-seat Sukhoi Superjet 100 (SSJ100) aircraft, becoming the first European SSJ100 customer.
European low-cost carrier Wizz Air reported a net profit of €193 million ($218.2 million) for the financial year ended March 31, 2016, up 5% compared to the €183 million net profit reported for the previous financial year.
Travel technology provider SITA is exploring the use of blockchain technology as a platform for generating secure single travel “tokens” that could potentially streamline a passenger’s progress through all airport processes involving the scanning of personal documentation.
Kunming-based Hongtu Airlines has launched its inaugural flight—Kunming-Nanchang service—after the Civil Aviation Administration of China loosened its grip on approving new entrants into the domestic airline industry.
Taiwan-based regional airline TransAsia Airways will reduce regional services and schedules to Japanese destinations following a FY2015 operating loss of NT$2.49 billion ($76.8 million).
Etihad Airways Group and its partner airlines have raised $500 million in fresh financing, which will be used for capital expenditure, fleet investments and refinancing.
