South African Airways (SAA) CEO Vuyani Jarana said the airline has identified necessary measures needed to restructure the loss-making national carrier.
2018 financial results for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for each airline's 2018 fiscal year first quarter or equivalent, generally covering January-March 2018.
Airline profitability remains uneven geographically, with carriers in much of the world struggling to earn a profit even as the overall industry continues to generate record revenue and earn robust annual income.
Southwest Airlines informed investors June 4 to expect a second-quarter 2018 RASM drop of about 3% compared to 2Q 2017, a consequence of lower bookings following the April 17 engine failure on flight 1380, a Boeing 737-700, which killed one passenger.
Japan Airlines (JAL) intends to experiment with different business models for the new hybrid subsidiary carrier it is planning to launch, JAL director Masaru Onishi said.
Star Alliance is beginning to implement a digital services platform (DSP) that will allow passengers to do things such as track their bags and complete seat assignments when they buy an interline ticket that goes across alliance airlines. But when the process will be completed is not clear.
Rising oil prices are causing short-term pain for many airlines, but ultimately yields will improve to compensate, the head of the Association of Asia Pacific Airlines (AAPA) believes.
French hotel chain AccorHotels has confirmed an interest in buying a minority stake in Air France-KLM in what could evolve into a major transformation of the European legacy airline group.
Despite its debt, China’s HNA Group is looking to acquire 100 COMAC ARJ21s and 200 C919s after signing a strategic cooperation agreement with COMAC June 2.
Full-service global carriers are moving away from the often-destructive strategy of competing on price, instead using product offerings to wage battles for long-term customers.
A series of maintenance situations with Sukhoi Superjets (SSJs) operated by an ACMI supplier to Brussels Airlines produced a rash of cancellations in the latter half of May, but the operator of the grounded aircraft has denied media reports they were caused by a shortage of spare parts.
RAM Cargo, the air freight entity within Royal Air Maroc, has added a Boeing 767-300BCF to its fleet, bringing in an additional 45 tons of capacity with the converted freighter.
Global airline passenger traffic growth remained strong in April, with an 82.3% passenger load factor—the third record-setting monthly load factor in a row.
