Irish carrier CityJet posted a pre-tax loss of €30.2 million ($35.8 million) for 2016, as a result of financing new aircraft, acquiring airlines and creating a new base in Scandinavia.
Delta Air Lines is targeting its unit cost performance as a key area where improvement is needed, acknowledging its third-quarter 4.8% year-over-year (YOY) CASM ex-fuel growth rate cannot be sustained long term.
Delta Air Lines CEO Ed Bastian said the Atlanta-based airline will not pay tariffs on the Bombardier CSeries and acknowledged the brewing trade dispute between the US and Canada over the aircraft may delay its delivery to Delta.
Etihad Airways’ executive team is close to completing its strategic review and setting a new five- and 10-year plan after being rocked financially by what its CEO calls “a perfect storm” of multiple circumstances..
For Brazilian manufacturer Embraer's commercial aircraft, consolidated 2017 orders, deliveries and cancellations -- updated through the end of the 2017 third quarter.
Air Lease Corp. (ALC) sold seven aircraft and delivered three newly built aircraft during the 2017 third quarter, the Los Angeles-based lessor said Oct. 9.
Greek carrier Aegean Airlines will add 18 international routes - including 11 new destinations - in 2018, as it seeks to strengthen its competitive position in both Greece and Europe.
Air New Zealand has begun the first operational trials of its new onboard Wi-Fi service, which eventually will be rolled out across its international jet fleet.
Pilots at Horizon Air, the Portland, Oregon-based regional subsidiary of Seattle-based Alaska Air Group, have publicly blamed Alaska management for service cuts and aircraft deferrals.
Emirates Airline will be the first operator of the Boeing 777X and expects to take delivery of the first aircraft in early 2020, Emirates president Tim Clark says.
Reunion-based Air Austral has finalized its equity joint venture with Air Madagascar, agreeing to take a 49% stake alongside the Madagascan government which will maintain a controlling 51% shareholding.
Commercial airlines flew 3.8 billion passengers in 2016, a 7% increase approximately equivanelt to 242 million additional air trips -- over the previous year, according to IATA’s 2017 World Air Transport Statistics (WATS) report, released Oct. 9.
Bankrupt German carrier airberlin will cease operations Oct. 28 and employees are not guaranteed jobs under any future owner, the airline warned Monday.
Ryanair, rocked by rostering errors that have forced the Irish LCC to cancel thousands of flights over the next five months, has appealed to its pilots to stand by the company.
