Transaero Airlines, Russia’s second largest airline, expects its fast pace of growth to continue over the next several years as it anticipates delivery of both its first Airbus A380 and first Boeing 747-8 Intercontinental in 2015.
African low-cost start-up Fastjet will launch international services Oct. 18, with a flight from Dar es Salaam’s Julius Nyerere International Airport in Tanzania to Johannesburg’s O.R. Tambo International Airport in South Africa.
Passenger air traffic in Russia has experienced a slowdown in September after three years of double-digit growth, but industry experts say it is too early to tell if it is a new trend.
Air France’s recent unveiling in Paris of a new coach class seat and other onboard enhancements is emblematic of the airline’s long-term strategic plan to better compete against domestic and international carriers in a tough operating environment.
International Airlines Group (IAG), parent of British Airways and Iberia, said an emergency rescue package for Alitalia includes “manifestly illegal [state] aid” from the Italian government and called on the European Commission (EC) to oppose it.
Russia’s Aeroflot has reported a first-half net income $1.5 million, down 79% from $7.1 million in the year-ago period, according to International financial reporting standards (IFRS).
SunExpress, a joint venture between Turkish Airlines and Lufthansa, will increase measures to reduce overcapacity on its Boeing 737-800 routes during the winter season.
Dallas-based low-cost carrier Southwest Airlines has announced organizational and executive personnel changes in its commercial, operational and technology groups.
China’s privately owned Juneyao Airlines has announced it will open two cross-strait routes— 3X-weekly Shanghai-Kaohsiung service on Nov. 1 and 5X-weekly Shanghai-Taipei service on Dec. 1.
Boeing Commercial Airplanes is restructuring its marketing and business development unit following the unexpected announcement by Mike Bair—the executive who leads the current strategic, planning and marketing group—that he is to retire.
Alitalia’s board of directors has approved a €500 million ($675.9 million) emergency rescue plan that will include a €300 million capital increase to be offered in stock options by shareholders and €200 million in new lines of credit, according to a statement issued by the Rome-based airline Friday.
Lufthansa Technik Malta, a subsidiary of Lufthansa Technik, is expanding its hangar capacity for maintenance and overhaul work on Airbus widebody aircraft.
Fresh off its strategic win over Boeing with an order from Japan Airlines for at least 31 A350s, Airbus is preparing the ground to challenge the US manufacturer in the future cargo aircraft market.
Lufthansa has confirmed its supervisory board did not approve three Airbus A380 options, based on the current lower growth rate of the Lufthansa Group airlines.
