Air France-KLM’s new CEO Ben Smith is said to be contemplating the future of Joon—the LCC hybrid sister airline to Air France launched by Smith’s predecessor—while considering plans to boost the airline group’s profitability.
Aeroflot Group’s net profit for 3Q 2018 reached RUB27.7 billion ($422.4 million), up 14.2% as the airline group implemented cost controls in the wake of high fuel costs and currency pressure seen through the year.
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Indigo Partners, a U.S. private equity firm that specializes in ULCCs, has emerged as a potential new investor in WOW Air, dramatically changing the fortunes of the Iceland LCC in the same week that acquisition attempts by Icelandair collapsed.
A preliminary report on the Oct. 29 crash of Lion Air Flight 610 (JT610) confirmed the accident aircraft was not airworthy on at least its last two flights, spotlighting gaps in the airline’s maintenance practices and safety culture.
While airlines and airports have stepped up cybersecurity efforts in recent years, a dearth of resources, skills and funding is holding back efforts at enhancing protection from cyberattacks in the aviation sector, according to SITA’s 2018 Air Transport Cybersecurity Insights report, released Nov. 28.
Doha-based Qatar Airways will launch a new 2X-weekly direct service to Isfahan, Iran from Feb. 4, 2019, as well as introduce increased services to Shiraz and Tehran in early January 2019.
Malaysia-based AirAsia Group saw its net profit nearly double in the 2018 third quarter (3Q) thanks to one-off items, but its operating profit dropped significantly mainly as a consequence of rising fuel costs.
The U.S. and UK have agreed an Open Skies pact that will allow them to continue liberalized air services after the UK leaves the European Union in March 2019.
Hawaiian Airlines and New York-based JetBlue Airways have expanded their codeshare agreement through Hawaiian’s forthcoming new nonstop service between Honolulu and Boston.
China Southern Airlines and oneworld member American Airlines have agreed to deeper cooperation, 13 days after the Chinese carrier said it would leave the SkyTeam alliance.
JetBlue Airways has come out in opposition to a request from Delta Air Lines, Virgin Atlantic and Air France-KLM to receive antitrust immunity (ATI) from the U.S. Department of Transportation (DOT) for a new transatlantic joint venture (JV).
IATA CEO and DG Alexandre de Juniac called on African governments to lower taxes and fees on aviation, calling the continent “an expensive place for airlines to do business.”
Air traffic management organizations should embrace new technologies to safely manage growing air traffic, the Civil Air Navigation Services Organization (CANSO) said at its annual safety conference.
Airports industry group ACI Europe is calling for “long overdue” air traffic management (ATM) reform—including better integration of airspace and ground infrastructure to ease disruption—following a summer season marked by air traffic control strikes that caused widespread flight delays and cancelations.
