Swiss regional carrier Helvetic Airways has completed preparations for its 12 Embraer E190-E2s to enter into service, with delivery of the first four anticipated this year.
American Airlines has agreed to pay $22.1 million to settle allegations that it falsely reported delivery times of mail transported internationally on behalf of the US government.
Star Alliance is continuing efforts to deliver a better experience for passengers traveling across its global network on multiple carriers, according to alliance CEO Jeffrey Goh.
Cathay Pacific Airways predicts revenue for August will be affected significantly by this summer’s mass civil protests in Hong Kong, weakening inbound and outbound traffic.
Thai Airways’ president Sumeth Damrongchaitham has asked the company’s senior executives to voluntarily take pay cuts and meet allowances in a bid to save costs.
Air Transat parent Transat A.T. is urging shareholders to ignore a last-minute appeal from a high-profile, low-percentage shareholder looking to derail Air Canada’s proposed bid as the Aug. 23 vote on the proposal nears.
French leisure airline Aigle Azur is preparing to stop flying to Portugal at the end of October and sell this part of its activities to Spanish LCC Vueling.
LCC Norwegian Air Shuttle has agreed to sell its entire shareholding in Bank Norwegian parent company Norwegian Finans Holding (NOFI) for NOK2.2 billion ($245.9 million), raising funds to reinvest in the airline.
Consultancy firm IBA has warned of higher market risk after 81 of the more than 120 airlines that the company monitors for financial performance reported lower EBITDAR margins for 2018.
Taiwan’s China Airlines (CAL) announced in a stock note that its LCC subsidiary, Tigerair Taiwan, will place an order for seven Airbus A320neos and lease a further eight.
Despite robust passenger growth, higher costs and a weaker cargo market saw Korean Air’s net loss widen to 415 billion won ($343 million) in the six months through June 30.
American Airlines and Southwest Airlines are blaming the grounding of the Boeing 737 MAX for a spike of denied boardings in the first half of 2019, according to the latest US Department of Transportation (DOT) Air Travel Consumer Report.
The protests sweeping Hong Kong have caused more fallout for Cathay Pacific Airways, with the airline’s CEO Rupert Hogg and chief customer and commercial officer Paul Loo resigning from the carrier.
Chile’s LATAM Airlines Group narrowed its net loss to $63 million in the second-quarter, as rising passenger revenues were offset by the ongoing financial crisis in Argentina.
Philippine Airlines (PAL) reported a 2019 second-quarter net loss of PHP2.3 billion ($43.6 million), widened from a PHP173.4 million loss in the year-ago quarter.
