Investors for a newly planned Switzerland-based LCC—with a working title of Swiss Skies—met this week in Basel to raise at least $100 million by the 2019 second half and discuss initiatives for the new project.
UK LCC easyJet has reached around 8% market share in Germany since it started operations at Berlin Tegel Airport, according to an easyJet Europe executive.
Benjamin Smith will assume his new position as Air France-KLM’s new CEO Sept. 17, bringing to a close a four month-period in which the airline group was without a permanent boss after the escalation of a labor conflict led to the departure of his predecessor Jean-Marc Janaillac.
American Airlines chairman and CEO Doug Parker is confident the Dallas/Fort Worth-based carrier can ride out the current rise in fuel prices and its effect on profits.
The Greenland government is looking to increase its stake in Air Greenland by acquiring two separate sets of shares, owned by the Danish government and SAS Scandinavian Airlines.
Ryanair CEO Michael O’Leary expects that an “awful lot” of airlines will follow the Irish LCC’s recently announced policy to further tighten its hand-luggage limit for non-priority passengers.
Annual passengers traveling via the world’s commercial airlines exceeded 4 billion for the first time in 2017, up 7.3% over 2016 and equivalent to 280 million additional air trips, according to IATA’s annual World Air Transport Statistics (WATS) report, released Sept. 6.
Emirates Airline has to deal with a “triple whammy” in the form of weakness of many emerging economies, a strong dollar and higher fuel prices as it is evaluating capacity growth for 2019, the airline’s president Tim Clark said.
Ryanair said it would not cut its Dublin-based fleet this winter after the Irish Air Line Pilots’ Association (IALPA) voted to accept a collective agreement, bringing to a close weeks of tense negotiations and a series of strikes.
British Airways said it has signed a codeshare deal with Indian domestic carrier Vistara that will open up more routes between London and Indian destinations.
Rapidly expanding Icelandic LCC WOW Air is preparing to go public within the next 18-24 months, the airline’s CEO and founder Skuli Mogensen told delegates at the Aviation Festival in London.
As JetBlue ponders whether or not to launch transatlantic flights, the competitive response of the three joint ventures “has to be taken into account,” CEO Robin Hayes told an audience at the Aviation Festival in London Sept. 6.