Sweden-based cargo specialist West Atlantic reduced losses in 2017, ending the year with a net loss of SEK61.6 million ($7.5 million) compared to a deficit of SEK81.8 million for the previous year.
Aeroflot Airline will revoke the premium frequent flyer status of unruly passengers, after nine reported cases of intolerable conduct—including physical assault toward employees, flight attendants and airline staff at the airport—since the beginning of 2018.
Airberlin’s insolvency administrator Lucas Floether is nearing a decision on making claims in excess of €1 billion ($1.25 billion) against former shareholder Etihad Airways as he seeks to satisfy as many creditor demands as possible.
Ryanair and Aer Lingus plan to launch connecting flights this year, a spokeswoman for Ryanair confirmed, after Irish media reports said the two carriers had signed a deal that would help boost passenger numbers through Dublin.
Aeroflot Group carried 3.7 million passengers in January, up 7.7% year-over-year (YOY). Aeroflot Airline carried 2.5 million passengers, a 6.6% YOY increase.
Former American Airlines and Etihad Aviation Group executive David Kerr has taken over as CEO of British all-cargo carrier CargoLogicAir, succeeding the airline’s founder Dmitry Grishin.
Malaysia Airlines Berhad (MAB) increased passenger yields in the fourth quarter of 2017, although the carrier indicated its full-year financial performance did not meet targets.
Aeroflot Group reported a 2017 net income of RUB23 billion ($399 million), down 40.6% from RUB38.8 billion for 2016, which the Russian flag carrier attributed to higher oil prices and foreign exchange losses.
Southwest Airlines CEO Gary Kelly, who has long resisted calls from some Wall Street analysts to charge fees for checked bags, voiced his most adamant rejection yet of baggage fees, completely ruling them out.
Wingo, the Colombia-based ultra-LCC affiliate of Panama’s Copa Airlines that launched in late 2016, has “surpassed all expectations,” although it has not yet become profitable, Copa CEO Pedro Heilbron said.
AirAsia Berhad has announced a deal to sell its Malaysia-based aircraft leasing unit Asia Aviation Capital (AAC) to aircraft investor BBAM for $1.18 billion.
Rolls-Royce has appointed Tom Bell as president and CEO of Rolls-Royce North America, a post he will hold alongside his current position as president-defense.
Virgin Australia reported a net profit of A$4.4 million ($3.4 million) for its fiscal first-half ended Dec. 31, 2017, signaling its multi-year transformation plan is gaining traction.
AirAsia Group plans to launch its latest franchises in China and Vietnam later this year, as its current overseas affiliates demonstrate stronger financial performance.
Laudamotion, the rebranded bankrupt airberlin subsidiary NIKI, has received an air operator’s certificate (AOC) from Austrian aviation authority Austro Control.
In results adjusted to reflect a 51-day pilots’ strike affecting nearly half of its fourth quarter, Colombia-based Avianca Holdings reported $245 million in adjusted net income for 2017, more than doubling the company’s net profit over 2016.
South Africa-based regional carrier CemAir is gradually restoring its schedules after the country’s civil aviation regulator lifted its suspension of the airline’s Aircraft Maintenance Organization (AMO).
Scandinavian Airlines (SAS) reported improved figures for the first quarter of its financial year, noting that long-term efforts to improve its market position continue to bear fruit.
