Star Alliance CEO Mark Schwab said the alliance model is still working, even though many airlines are strengthening their positions through codesharing and partnerships.
India’s IndiGo Airlines posted a loss of $17 million in its 2011-2012 financial year, according to a report in Business Standard, quoting an Indian Parliament statement.
SAS Scandinavian Airlines reported a year-end net loss of SEK985 million ($148 million), worsened from a SEK338 million net income in the year-ago period.
SkyWest Inc., holding company for US regional carriers SkyWest Airlines and ExpressJet Airlines, has firmed its provisional order for 100 Mitsubishi Regional Jets.
India’s Kingfisher Airlines has confirmed it is in discussions with several investors, including Etihad Airways, to take an equity stake in the troubled Indian carrier.
The São Paulo government has launched a bid for the construction of a much-anticipated rail link between downtown São Paulo and São Paulo-Guarulhos Airport.