Norwegian Air Shuttle reported a 28% increase in third-quarter net income and aims to further prioritize profitability over expansion through a joint venture (JV) with a Chinese company that will finance, own and lease aircraft the carrier has on order.
Kuwaiti LCC Jazeera Airways anticipates coming close to doubling its fleet over the next three years and foresees an easing of historic capacity restraints between Kuwait and India, its CEO said Oct. 24.
JetBlue Airways will halt its daily flights to Mexico City and redeploy the capacity to focus on more profitable operations in Latin America and the Caribbean.
Boeing remains confident the Boeing 737 MAX will be cleared to fly in at least some parts of the world by year-end, even as it acknowledges that regulatory reviews of required changes are taking longer than its return to service timeline assumes.
Numerous delays in the rollout of FAA’s remote identification rulemaking for unmanned aerial vehicles have caused the agency to fall behind EASA in efforts to implement a comprehensive UAV traffic management (UTM) system, an industry expert said.
Bhutanese flag-carrier Drukair has taken delivery of its first ATR 42-600 turboprop, equipped with new avionics tailored to handle the challenging Himalayan environment.
Johan Lundgren, CEO of easyJet, talks about the current business climate and his plans to formally launch the airline’s new direct hotels partnerships later this year.
Airports and airlines in the Asia-Pacific region are strengthening their business continuity plans to help mitigate disruptions when the unexpected happens.
Delta Air Lines CEO Ed Bastian cemented his company’s reputation as both industry transformer and a ruthless pursuer by taking a 20% stake in LATAM Airlines.
A call to step up sustainable aviation fuel production, a Scandinavian collective eco-effort, and new electric aircraft and engine initiatives feature in this month’s ATW sustainability report.
Weaker demand and program delays have created a perfect storm for Boeing’s widebody business, which continues to see downward pressure on 777 and 787 production rates and a slower-than-planned ramp-up of the 777X.
Hawaiian Airlines reported a net profit of $80.1 million for the third quarter, down 14% from $93.5 million for the same period last year, despite the extra competitive capacity that has come into some of its core markets and put pressure on yields.
Ryanair subsidiary LaudaMotion is expected to widen its losses this year and further postpone profitability as a result of growing its network faster than originally planned.
