Worried that poor profit margins could compromise LCC safety standards, the Civil Aviation Authority of Thailand (CAAT) told Thai media that it will be ramping up safety inspections on airlines, especially LCCs.
Titan Aviation Holdings and Bain Capital Credit LP have entered into an agreement to form a long-term joint venture (JV) that will develop a diversified aircraft portfolio with an anticipated value of $1 billion.
Ireland-headquartered SMBC Aviation Capital said it has become the first lessor to sign aircraft operating leases using the Global Aircraft Trading System (GATS), an electronic platform that aims to simplify aircraft transactions.
LCC Norwegian is moving towards completing the transfer of its flights serving Oakland International Airport (OAK) to San Francisco International Airport (SFO) for the summer 2020 season and beyond, citing higher levels of business from the larger airport.
Nairobi-based Kenya Airways has warned that its full-year earnings are expected to drop by more than a quarter because of financial reporting changes, tough competition and lower yields.
Central and Eastern European LCC Wizz Air has announced two finance department changes, which will see existing CFO Iain Wetherall becoming chief investment officer and aviation industry newcomer Jourik Hooghe joining the airline as EVP and group CFO.
European destinations are leading expansion in long-haul travel to and from China as growth in the North America market plummets, figures from China’s dominant aviation IT company show.
Malaysia Airlines Bhd. (MAB) and Japan Airlines (JAL) are set to launch a joint venture (JV) on routes between their countries in 2020, after gaining approval from regulators.
Philippine LCC Cebu Pacific announced in a stock exchange filing that it has signed a purchase agreement with Airbus for 10 Airbus A321XLRs and five A320neos.
Abu Dhabi International Airport (AUH)—already on the verge of major expansion with the opening of its massive Midfield Terminal in 2020—has agreed to a significant new cargo facility with DHL Express.
The Slovenian government is unlikely to create—or take a substantial role in—an airline to replace failed national carrier Adria Airways, Slovenian Prime Minister Marjan Šarec is reported as saying.
European tour operator TUI Group has confirmed it has taken a €293 million ($320 million) hit as a result of the Boeing 737 MAX grounding for its fiscal 2019, which ended Sept. 30.
British Airways (BA) and China Southern Airlines finalized a joint venture (JV) agreement Dec. 17 to expand each other’s network and implement reciprocal frequent flyer benefits.
