China’s Hainan Airlines is selling the remainder of its stake in Brazil's Azul Airlines—part of Hainan parent HNA Group's continuing efforts to raise cash and pay down debt.
Proposed Vietnamese startup airline Bamboo Airways has boosted its fleet plans with a major Boeing widebody aircraft deal, supplementing an existing agreement for Airbus narrowbodies.
Norwegian Air Shuttle plans to launch a new 2X-weekly London Gatwick-Tampa, Florida service from Oct. 31, and will increase frequencies on other routes in its long-haul winter schedule from Gatwick.
Cargo operator Atlas Air Worldwide Holdings increased its full-year profit outlook 5% and is projecting a 35-40% increase over 2017's adjusted net profit of $133.7 million on revenues of $2.6 billion.
Japan’s Nippon Cargo Airlines has extended the grounding of its freighter fleet; verification of maintenance records is taking longer than expected, the company said.
Several Chinese carriers are scheduled to start taking delivery of new Airbus A350 aircraft in July, the first of the model to enter-into-service in mainland China.
Virgin Atlantic CEO Craig Kreeger will step down at the end of the year and be succeeded by Shai Weiss, the UK carrier’s current CCO and former CFO, on Jan. 1, 2019.
Canadian LCC WestJet Airlines’ regional airline service WestJet Link debuted June 20 with its first flight between British Columbia cities Cranbrook and Prince George, flown via capacity purchase agreement (CPA) with Vancouver-based regional carrier Pacific Coastal Airlines.
France’s secondary airlines are looking at ways they can work together to better compete with legacy carrier Air France and with growing competition from LCCs on both long- and short-haul, executives told ATW’s sister publication Aviation Daily on the sidelines of the Paris Air Forum.
WestJet ULCC subsidiary Swoop took to the skies June 20 with an early-morning inaugural flight from Hamilton to Abbotsford, marking the next major development in what is an expanding Canadian low-cost airline scene.
Memphis-based FedEx Corp. reported $4.6 billion in consolidated net profit for fiscal 2018—up 53% over the company’s fiscal 2017 $3 billion net result—boosted by $2.1 billion in tax benefits, $1.6 billion of which came from the Tax Cuts and Jobs Act (TCJA) passed by the US Congress in late December 2017.
State-run national flag carrier Kenya Airways plans to merge with Nairobi Jomo Kenyatta International Airport (JKIA) to compete with other state-owned carriers in Africa and the Middle East, such as Ethiopian Airlines and Emirates Airline.
Norwegian CEO Bjørn Kjos believes his LCC is reaching the critical mass it needs to succeed, as several European heavyweights voice their potential interest in the business.
Lufthansa CEO Carsten Spohr has called for greater cooperation between airlines and airports in the face of the upcoming capacity crunch, likening current strained relations to sibling rivalry.
