Spirit Airlines will add fewer new destinations in 2020, as the Florida-based ULCC focuses on using new capacity to “connect the dots” across its existing 75-destination network, company officials told reporters at Spirit’s hangar at Detroit Metro Airport recently.
London Heathrow Airport’s long-awaited third runway is likely to be delayed by at least a year, following a disagreement between the airport and the UK aviation regulator over preliminary spending on the project.
Vienna International Airport (VIE) reported a 15% record passenger increase for 2019 but said further growth will impact the airport’s slot situation for the 2020 European summer season.
U.S. President Donald Trump is poised to sign into law a spending package that will send $17.6 billion to the FAA for fiscal 2020 and reauthorize the U.S. Export-Import Bank for seven years.
United Airlines has removed its Boeing 737 MAXs from schedules through June 4, 2020—a three-month extension that signals a growing lack of confidence that the model’s grounding is close to ending.
Spirit AeroSystems, the leading supplier of 737 aerostructures to Boeing, announced Dec. 20 that it will stop producing new 737 aerostructures and halt deliveries to its OEM customer on Jan. 1, 2020.
Worried that poor profit margins could compromise LCC safety standards, the Civil Aviation Authority of Thailand (CAAT) told Thai media that it will be ramping up safety inspections on airlines, especially LCCs.
Days after Boeing announced a coming halt to production of its 737 MAX, the first forecasts to emerge from financial analysts covering aerospace and defense (A&D) still see good business prospects for the sector in 2020 but with several caveats, and with far cloudier horizons.
Titan Aviation Holdings and Bain Capital Credit LP have entered into an agreement to form a long-term joint venture (JV) that will develop a diversified aircraft portfolio with an anticipated value of $1 billion.
Ireland-headquartered SMBC Aviation Capital said it has become the first lessor to sign aircraft operating leases using the Global Aircraft Trading System (GATS), an electronic platform that aims to simplify aircraft transactions.
LCC Norwegian is moving towards completing the transfer of its flights serving Oakland International Airport (OAK) to San Francisco International Airport (SFO) for the summer 2020 season and beyond, citing higher levels of business from the larger airport.
Nairobi-based Kenya Airways has warned that its full-year earnings are expected to drop by more than a quarter because of financial reporting changes, tough competition and lower yields.
United Airlines has been lobbying the U.S. Department of Transportation (DOT) to delay signing off on proposed codeshare operations between Philippine Airlines (PAL) and PAL Express while the department reviews access issues for U.S. carriers at Manila’s main airport.
Days after Boeing announced a production halt of the 737 MAX, the three major U.S. credit rating agencies have turned slightly negative on the manufacturer with new outlooks that stress growing demands on the company’s credit access and softening cash prospects.
Following Boeing’s announcement that it would temporarily halt production of the 737 MAX, its large and small suppliers are assessing the potential impact to their operations.
Central and Eastern European LCC Wizz Air has announced two finance department changes, which will see existing CFO Iain Wetherall becoming chief investment officer and aviation industry newcomer Jourik Hooghe joining the airline as EVP and group CFO.
European destinations are leading expansion in long-haul travel to and from China as growth in the North America market plummets, figures from China’s dominant aviation IT company show.
