The European Commission (EC) has ordered France to recover €8.5 million ($9.4 million) of illegal aid from Ryanair after it found that marketing agreements between the Irish LCC and local tourist authorities at Montpellier-Méditerranée Airport (MPL) were illegal under European Union (EU) state aid rules.
Among several recent orders and deliveries announced by lessors, Singapore-based BOC Aviation will place four Airbus A321neos with locally headquartered LCC Scoot Airlines.
Japan Airlines’ (JAL) financial results have been hurt by a weakening in international demand, which has previously been an area of strength for the Japanese airline industry.
Utah-based regional carrier SkyWest Airlines boosted its net income in the 2019 second-quarter (Q2), aided by its ongoing fleet transition initiatives and the divestiture of ExpressJet Airlines in January 2019.
International Airlines Group (IAG) said its operating profit rose 6.7% in the 2019 second quarter (Q2) as it shrugged off the impact of Brexit uncertainty and predicted passenger unit revenues would remain flat for the year as a whole.
In a bid to meet a growing demand for staff in one of Southeast Asia’s fastest-growing aviation markets, FLC Group’s Bamboo Airways broke ground in July on a new training center in Quy Nhon in central Vietnam.
A team of European hypersonic researchers are preparing for wind tunnel tests of a Mach 8 concept that is designed to prove technologies for the development of future ultra-long-range, high-speed commercial vehicles and air-breathing space launch systems.
Ryanair CEO Michael O’Leary warned that the Irish LCC would have to close bases and cut jobs because of Boeing 737 MAX delays and Brexit uncertainty following a fall in its fiscal first-quarter (Q1) profit.
Atlas Air Worldwide Holdings Inc. saw second-quarter (Q2) net income and revenue come in below analysts’ expectations, as air cargo volumes and yields were harmed by the impact of escalating tariffs and global trade tensions.
GE’s aviation businesses are seeing some financial disruptions related to the Boeing 737 MAX grounding but expect the issues to fade once the model is back in service, deliveries resume, and production ramps up.
Southwest Airlines has established a multipath career program to train ab initio, collegiate, military and employee candidates to become first officers with the airline.
Southwest Airlines has established a multipath career program to train ab initio, collegiate, military and employee candidates to become first officers with the airline.
Brazil’s GOL Airlines significantly narrowed its second-quarter (Q2) 2019 net loss to BRL195 million ($51 million), compared to a BRL1.9 billion Q2 2018 net loss, as record revenues and increased domestic market share boosted the LCC’s financial picture.
While South Korean airlines are responding to demand declines on routes to Japan, major Japanese airlines, are conversely not seeing drops in traffic on flights between the two countries.
British Airways (BA) lost its latest attempt July 31 to block pilots from staging a strike, as the likelihood of industrial action increased at the height of the summer holiday season.
Fixing the latest 737 MAX flight control system anomaly flagged by the FAA will not require hardware changes, and design differences between the MAX and its 737 Next Generation (737NG) predecessor mean the issue presents far less risk on older 737s, Aviation Daily has confirmed.
Spirit AeroSystems plans to continue producing Boeing 737 fuselages at a 52/month rate for the foreseeable future, storing extra inventory now and burning it off once Boeing ramps production up sometime in 2020.
Air France-KLM Group on July 31 reported a 26% decline in its 2019 second-quarter (Q2) net profit to €81 million ($92 million), down from €111 million a year ago.
Losses at its subsidiary carriers contributed to Singapore Airlines (SIA) Group posting a nearly 21% decline in its fiscal 2019/2020 first-quarter (Q1) net income.
Senior officials from the U.S. FAA defended the agency’s certification of the Boeing 737 MAX as “fundamentally sound” during a U.S. Senate Appropriations Committee hearing July 31.
Airbus reported a considerable jump in its first-half (H1) 2019 net profit, which more than doubled to almost €1.2 billion ($1.36 billion), compared to €496 million a year ago.
Hawaiian Airlines reported a decline in net profit for the second quarter (Q2) of 2019, as the airline faces increasing competitive pressure in some key markets.
