LOT Polish Airlines plans to grow ASKs at least 30% starting in 2016, when a European Union (EU) ban is lifted prohibiting the carrier from growing capacity or adding routes until it completes restructuring.
Air Serbia will retire its existing fleet of ATR turboprops, and will decide on a replacement within the next two to three years, CEO Dane Kondić said.
Lufthansa pilot union Vereinigung Cockpit (VC) has agreed to arbitration of all open collective wage agreements, which would avoid new strikes through the end of July.
Singapore flag carrier Singapore Airlines (SIA) has reported a 2014 annual net profit of S$368 million ($280 million), up 2.5% from a $259 million profit in the previous 2013 period.
Thai-based low-cost carrier (LCC) Nok Air reported a first-quarter annual net profit of THB55.6 million ($1.66 million), up 36% from the previous 2014 period and following a FY 2014 loss of THB471.7 million.
Pegasus Airlines carried 4.52 million passengers, up 10.8% in the first quarter compared to the year-ago period, according to the Turkish low-cost carrier (LCC).
Etihad Airways has released a report that it commissioned that says the three biggest US carriers—American Airlines, Delta Air Lines and United Airlines—have received benefits worth $71.48 billion over the past 15 years.
The Commercial Aircraft Corp. of China (COMAC) will delay the maiden flight of 150-seat trunk liner C919 to 2016, an industry insider, who asked not to be identified, confirmed to ATW.
TUI Group has placed a firm order for a single Boeing 787-9, plus one option, and has switched two of its smaller 787-8s already on order for the larger variant.
The Icelandair Group has reported a net loss of $14.55 million for the quarter ended March 31, narrowed from a $26.72 million loss recorded in the year-ago period.
Thai Airways International reported a first-quarter net profit of THB4.54 billion ($139 million), reversing a loss of THB2.63 billion reported in the year-ago period.
The Indonesian government has committed to upgrade and expand the country’s airport capacity to cope with the latest generation of narrowbody jet aircraft, and also to extend Air Service Agreements (ASAs) with neighboring countries.
Jazz Air parent Chorus Aviation reported first-quarter net loss of C$24.8 million ($20.69 million), reversed from a net profit of C$5.6 million in the year-ago period.
US airlines ranked by mishandled baggage reports per 1,000 passengers, lowest to highest; contrasted with reports from the previous month, and the year-ago month.
