Dallas/Fort Worth-based American Airlines and Australian flag carrier Qantas have received final approval from the US Department of Transportation (DOT) to operate a joint venture between the US and Australasia.
Hong Kong flag carrier Cathay Pacific Airways has completed the acquisition of LCC HK Express, which is now a wholly owned subsidiary of the oneworld member.
Singapore LCC Scoot will move operations from Changi International Airport's Terminal 2 to Terminal 1 as part of plans to support the airline’s growth over the next few years.
Hong Kong’s largest carrier Cathay Pacific Airways reported a 6% year-over-year (YOY) increase in passengers carried for June, to 3.1 million, despite the ongoing protests and civil unrest in Hong Kong that deterred potential Asian travelers from flying into the territory.
The British Airline Pilots Association (BALPA) union plans to ballot Ryanair’s UK pilots on possible industrial action, after failing to reach an agreement on pay structures and benefits.
Ryanair COO Peter Bellew, who recently resigned from the position at the Irish LCC, will join easyJet as COO, a development that was revealed as part of the UK LCC’s third-quarter trading update.
Irish LCC Ryanair will shrink or close poorly performing bases and cut staff as a direct result of the lack of Boeing 737 MAX deliveries, the company said July 16.
Vietnam Airlines reported a VND1.8 trillion ($77.5 million) pre-tax profit for the first half of 2019, up 21.8% year-over-year (YOY) and 13.6% above its planned profit.
About three months after Icelandic ultra-LCC WOW Air ceased operations, two former managers of the airline and an investment fund plan to establish a new LCC in the country, according to news reports.
Alaska Airlines and Spirit Airlines delivered largely encouraging updates on projected second-quarter results, providing more evidence that the US market is strengthening as it hits peak summer.
A strategic investor could still take over Thomas Cook Group’s airline division even after the tourism company agreed with banks, bondholders and Chinese shareholder Fosun Tourism Group on the basic terms of a major recapitalization.
Italian infrastructure group Atlantia, which operates Rome’s airports, has said it is investigating the possibility of taking part in the relaunch of bankrupt airline Alitalia just a few days ahead of the latest deadline for a formal bid and business plan for the carrier.
Irish LCC Ryanair is on the hunt for a new COO, after Peter Bellew announced his resignation, and is facing possible changes to its growth strategy because of the ongoing Boeing 737 MAX grounding.
