From shifting global airline alliances to a still-evolving LCC sector and the impact of Brexit, here are nine things to keep an eye on in the airline world through 2019.
The world’s airlines are expected to post a collective net profit of $32.3 billion in 2018, followed by a $35.5 billion net profit in 2019, which will mark the industry’s 10th consecutive profitable year. But maintaining that positive trend will be no breeze.
Anthony Broderick, a former top safety official at the FAA and aviation safety consultant, died Dec. 30 in Bealeton, Virginia, following a long illness.
Lawyers for the family of the co-pilot killed in the crash of the Lion Air Boeing 737 MAX 8 have filed a lawsuit against Boeing alleging the aircraft was “unreasonably dangerous."
Lufthansa wants Frankfurt Airport operator Fraport and German police to address system woes that caused 3,000 passengers to miss their flights before Christmas.
U.S.-based Global Infrastructure Partners (GIP) and its co-shareholders have passed control of London Gatwick Airport to French company Vinci Airports.
Long-haul LCC Norwegian has rebutted suggestions from a Scandinavian bank analyst that the carrier faces financial problems at the turn of the year because of the size of its debts.
A second prototype of the Indonesian Aerospace N219 light twin turboprop civil aircraft flew for the first time on Dec. 21. The aircraft flew for 20 minutes under the controls of Indonesian Aerospace chief test pilot, Capt. Esther Gayatri Saleh.
U.S. and European regulators have approved the CFM International-powered Airbus A319neo, clearing the way for initial delivery of the aircraft type in a corporate configuration in early 2019.
Weakness in FedEx Corp.’s airline segment in the last quarter caused management to reduce its long-term target for the unit and lower the company’s earnings guidance for FY2019, despite strong growth in the FedEx Ground and Freight businesses.
Romanian flag carrier Tarom has reported third-quarter traffic and revenue growth of more than 20% as it continues a strategy of fleet and route expansion.
Italian aircraft manufacturer Tecnam has received full type certification from EASA for its P2012 Traveller next-generation aircraft, the company said Dec. 20.