A Ryanair investor has renewed its call for a management change, seeking a succession plan for CEO Michael O’Leary and saying Chairman David Bonderman is not independent and has not successfully overseen recent labor issues.
The UK Competition and Markets Authority (CMA) has opened a formal merger inquiry into Irish regional airline CityJet’s plans to wet-lease two Avro RJ85s to the International Airlines Group’s (IAG) Aer Lingus, also based in Ireland.
Mexicans want President-elect Andres Manuel Lopez Obrador to cancel construction of the $13.3 billion Mexico International Airport (NAIM) project, according to the results of a four-day referendum that concluded on Oct. 28.
Lufthansa Group airlines are adding seven weekly frequencies from its hubs at Frankfurt, Munich, Vienna and Zurich to Cape Town, South Africa, during the coming southern warm-weather season.
Singapore LCC Scoot will begin introducing sister company SilkAir’s Boeing 737-800s after April 2019 as part of the Singapore Airlines (SIA) group’s plans to optimize the airline’s network and improve competition with other regional LCCs.
Los Angeles. Still in the throes of tackling reliability issues with the Trent 1000, embattled engine maker Rolls-Royce has acknowledged it has fallen behind on Trent 7000 shipments to Airbus which will cause knock-on delays to A330neo deliveries later this year and into 2019.
Southwest Airlines is nearing the end of its required FAA certification process to launch Hawaii flights, and could launch service within weeks of getting final approval, top executives said.
International Airlines Group (IAG) has revealed that the data breach of its British Airways (BA) customer database in September 2018 affected more customers than previously believed.
Ireland-based LCC Ryanair has put in place another piece in its patchwork of new labor agreements with its staff across Europe, signing Collective Labor Agreements (CLAs) with Belgian unions CNE-CSC and LBC-NVK.
Southwest Airlines reported third-quarter 2018 net income of $615 million, a 16.5% increase from a $528 million net profit in the same period last year.
China’s Juneyao Airlines plans to begin intercontinental operations in June 2019 with a connection between Helsinki and the private carrier’s hometown, Shanghai.
Japan Airlines (JAL) is preparing for the introduction of Airbus A350s and Boeing 787s on its domestic routes in 2019, while also looking further ahead to the prospect of replacing its Boeing 767 fleet.
International Airlines Group fought off the effects of rising fuel prices and unfavorable currency movements to record a net profit (before exceptional items) of €1.14 billion ($1.3 billion) for 3Q 2018, almost exactly the same as the year-ago restated figure.
Alaska Air Group—parent of Alaska Airlines and Horizon Air— experienced a drop in net income for a third consecutive quarter, as the company struggled to generate enough revenues to offset higher fuel costs.
Fort Lauderdale-based Spirit Airlines reported a net profit of $97.5 million in the 2018 third quarter, up 38% from the $60.2 million reported in the same period last year, offsetting higher costs for jet fuel and personnel.
