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.
Despite the Angolan Government disbanding a consortium that planned to set up a feeder airline for national carrier TAAG, one of the main movers behind it believes that the project will still go ahead. Alan Dron reports.
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.
Greece’s Aegean Airlines Group reported a net profit of €80.9 million ($94 million) for the first nine months of 2018, up 13% from a €71.7 million net profit in the year-ago period.
LATAM Airlines Group, buffeted by rising fuel costs and weak currencies, saw its net income decline by 67% to $52.9 million for the 2018 third quarter (3Q), compared with the same period last year.
Infrastructure improvements, tax and fee cuts, and regulation reform in Colombia would increase the airline industry’s economic benefits to the country, IATA officials said at the Aviation Day conference in Bogota Nov. 27.
Newly integrated with Rockwell Collins, United Technologies announced late Nov. 26 it will spin off non-aerospace business units Carrier and Otis and become a pure-play, potentially $50 billion Tier 1 aerospace parts, engines and services provider.
When Quiet Technology Aerospace needed space to expand their business producing advanced composite parts — used on Airbus A320 airliners and business jets — they turned to Hollywood, Florida.
Major uncertainty continues across the European air transport industry about the impact of the UK’s pending split from the European Union (EU), and clauses on aviation within a new Brexit political declaration provide little reassurance.
All Nippon Airways (ANA) has revealed new details of its plans for its initial Airbus A380s, which will replace other aircraft types on existing Honolulu routes in stages from May 2019.
Southwest Airlines, looking to solidify and potentially improve upon a projected 3% unit-revenue increase in 2019 amid costs rising at the same rate, has increased fares in most U.S. domestic markets by $2-$5.
TAP Air Portugal CEO Antonoaldo Neves still sees strong benefits from an alliance membership even though many airlines are choosing to establish joint ventures (JVs).
