Aeroflot Group’s international traffic increased 27.2% from January-July. During the seven-month period, the group carried 28.3 million passengers, up 17.3% year-over-year (YOY).
China’s Spring Airlines plans to collect CNY4 billion ($600 million) by circulating non-public A shares to purchase 10 A320 aircraft and one A320 simulator.
The European Aviation Safety Agency (EASA) has issued an emergency airworthiness directive (AD), warning operators about a risk of the Airbus A350 hydraulic engine driven pump (EDP) overheating and causing a fire.
Rising fuel expenses, combined with the cost of operating new international routes, were behind Thailand LCC Nok Air’s THB749 million ($22 million) net loss for the 2017 second quarter, narrowed from a THB864 million net loss in 2Q 2016.
Amid intense pressure to find quick solutions for the failing airberlin business, the company’s creditor committee is expected to grant preliminary approval for the sale of Austrian affiliate Niki to Lufthansa at its Aug. 23 meeting.
Since Mehmet Nane became CEO of Pegasus Airlines, Turkey has endured a Russian tourism ban, an attempted coup and terrorist attacks, yet it continues to grow.
British Airways is focusing on its most profitable passengers, with upgrades to Club World cabins and new airport lounges and a first-class center at Heathrow.
The launch of Malaysia-based AirAsia, with just two aircraft operating six domestic routes in early 2002, set in motion a LCC phenomenon that has swept across the region.
Will there be a catastrophic collapse of air services between the European Union and the UK, or “business as normal”? There is uncertainty as Brexit approaches.
Swiss International Air Lines (SWISS) is considering ordering the Airbus A321neoLR to operate on routes from Zurich to long-haul destinations in Africa, SWISS CEO Thomas Klühr told ATW.
Second-quarter 2017 net earnings for El Al Israel Airlines fell 53.1% year-over-year (YOY) to $16.4 million, a drop from $35 million in the year-ago quarter, as the airline “had to cope with the huge growth in competition at [Tel Aviv’s] Ben Gurion Airport,” according to El Al CEO David Maimon.
Berlin-based Germania is expanding its flight schedule for 2018 in an effort to fill a void in the German air travel market following the announcement of airberlin’s insolvency.
Airberlin—which filed for bankruptcy last week—should be sold by September at the latest, CEO Thomas Winkelmann has told the German daily Bild am Sonntag.
Shanghai-based LCC Spring Airlines reported a net profit of CNY554 million ($81.7 million) in the 2017 first half, down 25.2% over net profit of CNY740.1 million in the year-ago half because of a sharp increase of operating costs.
UK lessor Falko Regional Aircraft, which focuses on the regional aircraft sector, has added four Embraer E190 regional jets to its portfolio, the company said Aug. 21.
It took a long while and a public relations disaster, but US airlines seem to have learned that passengers dislike being kicked off the plane because their flight was oversold.
