Singapore Airlines (SIA), key stakeholder in the Tigerair low-cost carrier (LCC) Group, has taken a controlling interest in the LCC’s holding company and sold the Tigerair Australia offshoot to Virgin Australia for AUD1 ($0.88).
Rolls-Royce has warned that a slowing global economy will stall revenue growth, telling investors that full-year 2014 revenue will fall 3.5% to 4% year-over-year.
Ireland-based low-cost carrier (LCC) Ryanair will appeal a European Commission (EC) ruling that it should repay more than €300,000 ($385 million) of what the EC has decided was unfair financial aid.
Florida-based regional Silver Airways plans to increase its intra-Florida flights 40% beginning Nov. 6 and will soon operate more than 560 weekly flights to 10 Florida cities.
Middle Eastern carrier Oman Air has announced plans to introduce business-class service to four of its routes between Muscat and the Indian subcontinent.
Irish budget carrier Ryanair is planning to nearly double its passenger numbers by 2024, excluding its long-haul ambitions and its current bid to acquire Cyprus Airways.
Russia’s air transport industry needs at least RUB75 billion ($1.85 billion) to stabilize in the coming year, according to Moscow-based State Research and Development Institute for Civil Aeronautics.
The Eurocontrol Network Manager and the European Aviation Crisis Coordination Cell (EACCC)—set up by the European Commission and Eurocontrol to support coordination of the response to network crisis situations—say they are monitoring the evolution of the Ebola outbreak in West Africa and its potential impact on European aviation.
In 20 years, China will be the world’s largest airline passenger market, the US will have fallen to second place, and India will overtake the UK as the third-largest market, according to IATA’s new 20-year Global Passenger Forecast report.
Canadian training specialist CAE has signed a deal with Japan Airlines (JAL) to train its pilots in Tokyo, giving the company presence in a new and potentially fruitful Asia-Pacific market.
The European regional branch of the Airports Council International (ACI Europe) is calling for “urgent coordination” between health authorities at a European Union (EU) level over the implementation of screening at airports and any potential risks to air travelers.
Banjul-based Gambia Bird Airlines has been forced to postpone its planned resumption of flights between London and the Sierra Leone capital Freetown Friday following the UK Department for Transport’s (DfT) decision to revoke the airline’s permit for direct flights between the two cities.
Air France-KLM Group and its pilot unions have reached an agreement over one of the most fractious aspects of the recent damaging strike by the cockpit crews.
Heathrow Airport Holdings will sell off Aberdeen, Glasgow and Southampton airports to a consortium of Ferrovial and Macquarie in a deal worth £1.048 billion ($1.68 billion).
The Association of European Airlines (AEA) has acknowledged there will definitely be European airline failures over the next three to five years, potentially including some of its members.
The US, working to track down passengers on one flight that included a person who tested positive for Ebola, will pressure counterparts in several countries to step up efforts to help mitigate the outbreak’s reach, President Barack Obama said Wednesday.
