Scandinavian Airlines (SAS) is heading toward a better annual result than last year, following a strong summer season, CEO Rickard Gustafson said Sept. 5.
China Eastern Airlines has reported a 2017 first-half net profit of CNY4.4 billion ($641 million), up 35% over net income of CNY3.2 billion in the year-ago period.
Shareholders at Air France-KLM have approved plans for fellow SkyTeam alliance members China Eastern Airlines and Delta Air Lines to each acquire 10% of the Franco-Dutch group.
A surge in traffic into Estonia during the Baltic nation’s presidency of the European Union has necessitated an increase in capacity at the national carrier.
German airline investment group Intro Aviation said it is not interested in bidding for airberlin, which filed for insolvency in August and is in the process of seeking buyers for its assets.
As part of its premium-product revamp, British Airways (BA) is to offer airside transfers for business-class passengers who are at risk of misconnecting.
Air China and China Southern Airlines were impacted by higher fuel prices in the 2017 first half as the two carriers reported year-over-year six-month net profit decreases of 3.8% and 11.6%, respectively, to CNY3.3 billion ($486 million) and CNY2.8 billion.
A structural slowdown in business for the top three Middle East airlines could put their commercial aircraft order backlogs at risk for cancellations or deferrals, a new Morgan Stanley analysis concludes.
Houston Intercontinental Airport (IAH) and Houston Hobby Airport (HOU) have reopened to handle limited domestic flights after being forced to close Aug. 27 because of severe flooding in the aftermath of Hurricane Harvey.
Ireland-based LCC Ryanair is bidding to buy around 90 aircraft from cash-strapped Italian carrier Alitalia. Speaking in London on Aug. 31, Ryanair CEO Michael O’Leary said his company would be submitting a bid for Alitalia’s aircraft, their crews and engineering staff to the Italian flag carrier’s administrators.
UK LCC easyJet is rolling out a new “Hands Free” service, where passengers can pay £4 ($5) to leave their hand luggage at check-in and receive priority boarding.
Dubai-based Emirates and Australian carrier Qantas are seeking clearance to extend their partnership for another five years, with Qantas switching its London flights to operate via Singapore rather than Dubai.
Irish LCC Ryanair has urged German competition authority (Bundeskartellamt) and the European Union (EU) Commission to block the “stitch-up” between the German government, Lufthansa and airberlin to carve up airberlin’s assets, saying it excludes major competitors and ignores both competition and state aid rules.
AirAsia Group reported a 2017 second-quarter net profit of MYR140 million ($33 million), down 53% from net profit of MYR298 million in the year-ago period.
Continuing sound fundamentals in the airline industry helped spur lessor BOC Aviation to an improved 2017 first-half result compared to the year-ago period.
A combination of yield pressure and seasonality were some of the factors behind hybrid carrier flydubai recording a loss of AED142 million ($38.8 million) for 1H 2017, the airline said.
