Southwest Airlines (SWA) announced that SWA and AirTran pilots have reached a tentative agreement on seniority. SWA finalized closing of the acquisition of AirTran Holdings May 2.
Singapore-based LCC company Tiger Airways Holdings announced Friday it would buy a 33% stake in Indonesia-based Mandala Airlines, which will be held through Tiger’s wholly owned subsidiary, Roar Aviation.
Shijiazhuang-based Hebei Airlines (NS) has taken over stakeholder Sichuan Airlines’(3U) Embraer fleet, comprising five E-145s, as it explores China’s regional air transport market.
Air New Zealand (ANZ) lifted its stake in Virgin Australia (VA) from 14.99% to 19.99%, in a move ANZ CEO Rob Fyfe said will continue ANZ’s “strategy to develop scale and reach in this region.”
Singapore-based LCC company Tiger Airways Holdings announced Friday it would buy a 33% stake in Indonesia-based Mandala Airlines, which will be held through Tiger’s wholly owned subsidiary, Roar Aviation.
Boeing has completed the contractual delivery of the first 787 Dreamliner to launch customer All Nippon Airways. Flyaway of the airplane to Tokyo is scheduled Tuesday morning from Paine Field in Everett, Washington state.
The Canadian Union of Public Employees (CUPE), representing nearly 7,000 Air Canada flight attendants, lifted its call for the cabin crew to strike last week after reaching a tentative agreement with airline management on a new labor contract.
FedEx Corp. reported a net profit of $464 million for its fiscal first quarter ended Aug. 31, up 22% from net income of $380 million in the prior-year period.
EasyJet on Thursday raised its earnings guidance for its fiscal year ending Sept. 30 and said it now expects to post a profit before tax of between £240 million ($376 million) and £250 million, citing a “robust” commercial performance across its network and cost-control measures.
Morocco's government has offered Royal Air Maroc (RAM) 1.6 billion dirhams ($193.3 million) to shore up its finances hurt by growing competition, lower sales and higher fuel prices, Reuters reported.
The legal protection plan filed by Latvian national airline airBaltic (BT) Wednesday has been rejected by the court, although it did not provide details.
FedEx Corp. reported a net profit of $464 million for its fiscal first quarter ended Aug. 31, up 22% from net income of $380 million in the prior-year period.
EasyJet on Thursday raised its earnings guidance for its fiscal year ending Sept. 30 and said it now expects to post a profit before tax of between £240 million ($376 million) and £250 million, citing a “robust” commercial performance across its network and cost-control measures.
Air Berlin (AB) announced Wednesday the financially troubled carrier will reduce its fleet size by 10% as part of its Shape & Size program to improve earnings by €200 million ($273.2 million).
Boeing's 747-8 freighter program was dealt another blow Thursday when Atlas Air Worldwide Holdings (AAWH) canceled three of the 12 -8Fs it had on order, citing "lengthy delays and performance considerations."
Chilean antitrust tribunal TDLC approved the merger of Chile's LAN Airlines and Brazil's TAM Wednesday, though it cautioned that the carriers must agree to a number of conditions before combining under LATAM Airlines Group, the single holding company that will own them both.
Thai Airways International Public Co. has scrapped plans to form a joint venture with Tiger Airways Holdings to form Thai Tiger Airways, the low-fare joint venture carrier the companies announced last year.
Thai Airways International Public Co. has scrapped plans to form a joint venture with Tiger Airways Holdings to form Thai Tiger Airways, the low-fare joint venture carrier the companies announced last year.
Lufthansa Technik Sofia, a joint venture between Germany's Lufthansa Technik and Bulgarian Aviation Group, is expanding its narrowbody hangar at Sofia Airport into a new two-bay hangar for heavy checks.
Qantas (QF) has been forced to cancel 28 flights and delay a further 27 up to 30 minutes, because of a 4-hr. baggage handlers strike scheduled for Tuesday that will affect more than 7,000 passengers.
Cargolux (CV) declined to take delivery of the first two General Electric GEnx-2B67-powered Boeing 747-8 freighters scheduled for Monday and Wednesday, citing "unresolved contractual issues between Boeing and Cargolux in respect of the aircraft."
