Conservative 2019 guidance from Delta Air Lines, despite strong macro trends and solid fourth-quarter momentum, suggests the Atlanta-based airline—not content with leading its peers—is paying even closer attention to Wall Street.
The Latin America-Caribbean region is clearly seeing growth but is hamstrung by insufficient infrastructure and air traffic management, excessive costs and taxation.
The South African Civil Aviation Authority (SACAA) has suspended regional carrier CemAir from operating, following what it called “unacceptable and intolerable behavior” that posed a threat to safety.
Kazakhstan carrier Air Astana officially unveiled its first of five leased Embraer E190-E2s from Netherlands-based AerCap signed in 2017, making Air Astana the first operator of the type in Central Asia.
IATA is signaling that global cargo revenue is forecast to rise more than 5% year-over-year to $116 billion in 2019, driven in part by a continued robust (albeit slower) global economic outlook as well as the recent substantial fall in oil prices.
IATA unveiled a data-sharing platform to help airlines avoid turbulence during flights and named Atlanta-based Delta Air Lines as the first contributor.
LOT Polish Airlines (LOT) is monitoring developments at Estonia’s Nordic Aviation Group (Nordica), because of “business and operational challenges” that could impact its equity investment.
The African Development Bank is studying the possibility of creating an aircraft-leasing company for the continent, with further news expected in the first half of 2019.
Supported by strong demand for travel and a decline in fuel costs, IATA expects airline industry profits to rise again in 2019 following a dip this year.
Avianca Brazil reportedly filed for bankruptcy protection Dec. 11, stemming from a potential repossession of 21% of its fleet by the aircrafts’ lessor.
Air France has appointed Anne Rigail as its new CEO, taking over from Air France-KLM Group CEO Benjamin Smith who temporarily led the French unit following the resignation of Franck Terner in September.
Annual growth in global passenger demand rebounded to 6.3% in October from an eight-month low of 5.5% in September, although the upward trend in demand has slowed over the past six months, according to IATA.
Aer Lingus has identified Hartford (Connecticut), Minneapolis/St. Paul (Minnesota) and Montreal (Canada) as the Ireland flag carrier's first North American routes to be operated by the Airbus A321 long-range (LR) version of the A321neo, scheduled for delivery from June 2019.
Former Hawaiian Airlines CEO Mark Dunkerley is reportedly a leading contender to take over the reins of the Virgin Australia Group after long-time CEO John Borghetti steps down.
Slovenian carrier Adria Airways has received €4 million ($4.6 million) in additional funding from its German owner 4K Invest, ahead of a further €10 million capital injection planned for the first quarter of 2019.
Southwest Airlines continues to see capacity growth outpace revenue passenger mile (RPM) additions, underscoring the airline’s need to boost unit revenue through efforts such as its recent fare increases.
Irish lessor Avolon has confirmed an order for 75 Airbus A320neos and 25 A321neos in the single largest order for aircraft from the European manufacturer ever placed by the Dublin-headquartered company.
