Romania’s LCC Blue Air has appointed a new management team, led by new CEO Oana Petrescu, succeeding Marius Puiu, who has been the company’s interim CEO since September 2018.
Wizz Air said it may be able to seize on opportunities to gain market share as a tough operating environment hurts its competitors as the fast-growing Central and Eastern European LCC unveiled full-year results that showed a rise in profit and passenger numbers.
United Continental Holdings has indicated plans to extend a loan to Bogota-based Avianca Holdings SA, after the two companies agreed on a leadership reshuffle that involved a loss of voting rights for Avianca’s largest shareholder.
UK-based regional aircraft manufacturer Britten-Norman is planning to establish a regional airline in Malta as part of a wider agreement to develop its presence in the country.
The Greenlandic government has taken full ownership of Air Greenland, after Scandinavian Airlines (SAS) and the Danish government agreed to sell their shareholdings.
South African regional carrier SA Express is preparing to press fraud and corruption charges against several former executives after an investigation turned up financial irregularities.
Facing up to rising costs amid worsening economic conditions is the biggest challenge airlines are facing in 2019, and more airline failures may lie ahead, the head of IATA said May 29.
As rising tariffs in the US-China trade war affect global trade, IATA said it would cut its outlook for 2019 global cargo demand growth after April figures showed the negative cargo demand trend seen since January continuing.
Flybe CEO Christine Ourmières-Widener will resign effective July 15, the UK regional carrier said in an announcement that comes three months after it was taken over by a Virgin Atlantic-led consortium.
A strike by Scandinavian Airlines (SAS) pilots contributed to a second-quarter net loss of SEK933 million ($97.7 million), widened from a SEK349 million loss in the year-ago period, the carrier said May 28.
Air France-KLM LCC subsidiary Transavia France is poised for expansion after Air France pilots voted in favor of starting negotiations to increase the number of aircraft the airline can operate.
Dutch national carrier KLM and Ireland-based regional airline CityJet are the two main shareholders behind a Belgian startup—Air Antwerp—being created to operate both scheduled services and provide capacity for others.
