European airlines face a worsening capacity glut in 2020 as narrowbody deliveries, already approaching record numbers, are boosted by late deliveries of Boeing 737 MAXs, analysts warn.
Turkish Airlines took delivery of the first of 25 Boeing 787-9s the Istanbul-based carrier has on order. The Star Alliance member also has options for five more.
China Southern Airlines is exploring low-cost aviation development with LCC Spring Airlines, to decide which company is suitable for developing a new LCC model in China.
Japanese LCC Peach Aviation slipped to a net loss in its fiscal year ended March 31, which the carrier partly attributed to costs associated with its merger with Vanilla Air.
Planned US startup Moxy will have “lots of flexibility” with the Airbus A220-300 that would allow the airline to go international, David Neeleman says.
Senior United Technologies (UTC) aerospace executive Christopher Calio will succeed Bob Leduc as president of Pratt & Whitney in early 2020, UTC said June 25.
Air Niugini, Papua New Guinea’s largest airline, is making progress on a financial turnaround plan and is ready to begin a major fleet refresh, a senior executive said.
Vienna-based LCC LaudaMotion will see continued losses in its second year of operations, but expects profitability in FY2021 as the scaling effects of fleet and network growth reduce costs.
Estonia’s national airline, Nordica, will give up operating commercial flights in its own name for the foreseeable future, blaming overcapacity at its home hub at Tallinn Airport.
As ancillary revenue becomes increasingly important to their bottom lines, many airlines are finding that determining which products and services to offer is a learning process.
The proposed purchase of WestJet by private-equity firm Onex Capital has received Minister of Transport Marc Garneau’s blessing, clearing a major regulatory hurdle necessary for the deal to close.
The sprawling aircraft leasing community is bound to consolidate, though it is unlikely to get down to just a handful of players, the top executive of GE Capital Aviation Services (GECAS) said.
Three members of the Association of South Pacific Airlines (ASPA)—Solomon Airlines, Nauru Airlines and Air Vanuatu—have launched a collaboration initiative in areas such as purchasing and safety, as they look for ways to address common business challenges.
Air France-KLM and French hotel group AccorHotels are strengthening their partnership with a new dual-reward service they described as a first for the European travel industry.
Airlines need to begin looking closely at their fleet management and labor plans in anticipation of a “downward spiral” in the air transport market caused by global trade tensions, consulting firm ICF said.
Delta Air Lines has acquired a 4.3% equity stake in Hanjin-KAL, Korean Air’s largest shareholder, setting the stage for even closer cooperation between the two joint-venture (JV) partners.
