UK long-haul specialist Virgin Atlantic has taken delivery of its first Airbus A350-1000. The aircraft flew into London Heathrow Aug. 10 from Airbus’s Toulouse plant.
Hanover, Germany-based TUI Group has seen a negative financial impact by the global Boeing 737 MAX grounding as well as delayed bookings for the 2019 third quarter (April-June).
Air Canada increased its bid for Air Transat, garnering support from the acquisition target’s largest shareholder and increasing the chances the tie-up will be approved later this month.
Leisure travel specialist Thomas Cook Group is seeking an additional £150 million ($180 million) capital injection for liquidity through the winter low season, as talks on a previously announced £750 million recapitalization continue.
Thai Airways reported a net loss of THB6.9 billion ($223.8 million) for the June quarter, more than double the THB3.1 billion loss in last year’s second quarter.
Belgian regional startup Air Antwerp, which is co-owned by Irish regional CityJet and Dutch flag carrier KLM, has secured its air operator’s certificate (AOC) and will launch Fokker 50 flights to London City Airport Sept. 9.
Gulf LCC Air Arabia substantially improved its half-year profits, despite continuing economic and geopolitical pressures in the region, the airline said.
Financial results to-date for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses, operating margins and net income/losses for each airline's 2019 fiscal second quarter or equivalent.
French leisure carrier Aigle Azur will suspend its Paris-São Paulo flights, but denied a French media report that it is under pressure from lessors to return some of the leased aircraft it operates.
Japan Airlines (JAL) is looking to expand its relationships in Asia by forming joint ventures (JVs) with more airlines in the region, according to a senior JAL executive.
Facing losses of €50 million ($56 million) this year, Ryanair subsidiary LaudaMotion warned of job cuts if flight crews do not agree to changes that are needed to improve efficiency.
Cathay Pacific Airways is back in the black after achieving a group attributable profit of HKD1.3 billion ($166.4 million) for the first six months of 2019, reversing a HKD263 million loss over the same period in 2018.
Weakened currency is stagnating the growth of Australia’s international aviation market, and the country is poised to see a transition to a greater focus on inbound rather than outbound traffic, according to a study by CAPA-Center for Aviation.
American Airlines and Southwest Airlines both unveiled new corporate travel initiatives Aug. 5, highlighting the increased competition among airlines to attract lucrative business travelers.
Gulf Air reported a 23% first-half increase in passenger numbers, which the airline said indicates its move toward becoming a niche, “boutique carrier” is starting to show results.
Wisconsin-based startup Midwest Express has signed an operating agreement with regional carrier Elite Airways to begin nonstop service from Midwest’s home base at Milwaukee’s Mitchell International Airport.
Kuwait-based Jazeera Airways substantially increased its profit figures for the 2019 first half, as the hybrid carrier continued to expand its route network and prepared to launch its first service to Europe.
Malaysia Airlines Berhad’s (MAB) new chief strategy officer (CSO) Bryan Foong is set to play a key role in guiding the next phase of the carrier’s restructuring efforts.
