Central and Eastern European LCC Wizz Air has increased its full-year net profit guidance to €350-€355 million ($386-$391 million), up from €335-€350 million, after posting 42.4% net profit growth for its fiscal 2019 third quarter (Q3).
EASA announced Jan. 29 that it is no longer recommending that European airlines avoid all overflights of Iran and Iraq—precautionary steps it advised following a missile attack by Iran earlier in the month.
Ryanair has accepted a mediator’s recommendations on a collective labor agreement (CLA) with Irish pilot union Fórsa, as it warned of possible further jobs because of growing Boeing 737 MAX delays.
Ankara-based Turkish Aerospace Industries (TAI) president & CEO Temel Kotil said producing the nation’s first passenger narrowbody aircraft is still on the company’s master plan but is currently on hold.
By Chen Chuanren, Helen Massy-Beresford, Sean Broderick, Ben Goldstein
British Airways (BA) announced Jan. 29 that it will suspend all direct flights to China, effective immediately, after the Foreign Office urged all Britons to cancel any nonessential trips to China as the novel coronavirus outbreak expands.
United Airlines announced on Jan. 28 it will temporarily suspend some flights between China and Hong Kong and several of its large U.S. hub cities, citing a “significant decline in demand for travel to China” as a result of the spread of a deadly coronavirus in the country.
Aerospace suppliers are taking different approaches on whether to cut employees as they wrestle with the fallout of the Boeing 737 MAX production halt, with some already doing so while others announce they will not.
Brazil’s Azul plans to operate a fleet of 75 Embraer E-Jets E2s by 2024, part of an accelerated transition that will see its total fleet grow to over 200 aircraft by the middle of the decade.
Approval of the Boeing-Embraer tie-up by staff at Brazil’s Administrative Council for Economic Defense (CADE) leaves a European Commission (EC) sign-off as the deal’s last major regulatory hurdle.
Airbus has reached an “agreement in principle” with France’s financial prosecutor (Parquet National Financier or PNF), the UK Serious Fraud Office (SFO) and U.S. authorities, the company confirmed Jan. 28.
Air Astana president and CEO Peter Foster, while reporting on the Kazakhstan-based airline’s 2019 performance, is acknowledging the growing Wuhan coronavirus outbreak may have imminent adverse effects.