Norwegian CEO Bjorn Kjos shares a strategy update with ATW at the Paris Air Show, talking about how his airline might form partnerships with other feeder airlines.
Philippine Airlines (PAL) has named Vivienne Tan to take over operational control of the carrier, after the airline’s president Jaime Bautista announced his retirement.
Portuguese wet-lease operator Hi Fly plans to grow its fleet significantly, including adding more Airbus A380s, as it anticipates a strong demand for its services to continue in the coming years.
After failing to find new investors, the main creditors of India’s Jet Airways said they will begin insolvency proceedings, likely extinguishing any hopes of rescuing the airline.
Lufthansa Group issued a profit warning for the full year, saying strength in the long-haul market was only partially offsetting pressure on yields in the European short-haul business, where the market would remain “challenging” for at least the rest of 2019.
Boeing has issued its most positive commercial market outlook yet with a forecast that calls for the delivery of 44,040 new aircraft valued at more than $6.8 trillion over the next 20 years.
Airbus launched the long-expected A321XLR on the opening day of the Paris Air Show and expects airlines to operate “hundreds” of the aircraft over time as new secondary long-haul markets are developed.
Qantas and GE Aviation are expanding GE’s FlightPulse flight analytics app to give pilots actionable information based on historical flight data that they can use to optimize individual flights.
With a new majority stakeholder now in place at UK-Swedish cargo airline West Atlantic, CEO Lars Jordahn anticipates new synergies and efficiencies in the future.
Thai LCC Nok Air has appointed Wutthiphum Jurangkool as its new CEO and executive director after the previous CEO Piya Yodmani left the post in August 2018.
Air Austral has leased two Airbus A330-200s to help limit disruption to its peak summer schedule after grounding one of its two Boeing 787s for at least two months because of ongoing issues with Rolls-Royce Trent 1000 engines.
Intro Aviation, the new majority shareholder of French long-haul airline Corsair, plans to operate up to 15 Airbus A330 classics/A330neos and add new routes to North America.
[Story updated June 14 to include the new July 15 deadline] The chairman of Rome’s S.S. Lazio football club, Claudio Lotito, has become the latest possible investor to express interest in Italian flag carrier Alitalia, which has been under special administration since May 2017.
Southwest Airlines, citing uncertainty around when the Boeing 737 MAX will be cleared to resume revenue flying, has pulled its 34 737-8s from its schedule through Sept. 2.
Conglomerate HNA Group is in the process of reducing its shares from LCC Guangxi Beibu Gulf Airlines (GX Airlines) as part of the airline’s restructuring plans. Guangxi Beibu Gulf Investment Group, HNA Group and Guangxi Airport Management Group signed a framework agreement on June 11 to initiate the move.
Indian stock exchanges have announced they will restrict trading of Jet Airways’ shares, in another sign that the prospects of resurrecting the grounded airline are increasingly bleak.
