Finnair CEO Pekka Vauramo believes the biggest challenge for the oneworld member will be to grow further to reach a more competitive size as soon as possible.
Luxair has bought a Boeing 737-800 from airberlin and will decide on a 737-700 replacement next year, with the Embraer E190-E2 or Bombardier CSeries CS100/CS300 in the running.
Mitsubishi Aircraft Corp. has postponed the first flight of the Mitsubishi Regional Jet (MRJ) to the week of Nov. 9, citing a needed repair to the flight test aircraft.
Indian low-cost carrier (LCC) IndiGo is looking to raise up to $500 million in its upcoming IPO to cut its debt and fund its recent $26 billion aircraft order.
Norwegian has doubled its third quarter pre-tax profit and ordered 19 Boeing 787-9s, plus 10 options, in a deal valued at more than $5 billion at list prices.
Global mobile satellite communications services provider Inmarsat has signed a contract to provide high-speed inflight connectivity services on Lufthansa’s European continental fleet.
This table shows the current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
Mexican ultra-low-cost carrier (ULCC) Volaris reported an MXP1.15 billion ($67.4 million) net profit during the 2015 third-quarter. Compared to the airline’s MXP347 million take in the 2014 third-quarter, the company more than tripled its profit.
IATA is making “strong progress” toward implementing the New Distribution Capability (NDC) initiative that is developing a set of common standards for presenting and distributing airline tickets and products, with the first set of NDC messages approved.
Donghai Airlines plans to launch an initial public offering (IPO) in May of 2016 on the Shanghai Stock Exchange in an effort to fund its rapid fleet expansion.