TAP Air Portugal carried 15.8 million passengers in 2018, up 10.4% from the previous year, with European routes outside Portugal accounting for the bulk of the increase, the airline reported.
Royal Air Maroc (RAM), set to become the 14th member of the oneworld alliance, is strengthening its position in north Africa as its fleet grows and the carrier’s home hub in Casablanca brings more capacity online.
New Air France-KLM CEO Benjamin Smith has taken the next move in simplifying the organization’s brand structure, bringing Air France’s regional operator HOP! closer to the parent company.
Qatar Airways is prepared to stay in the oneworld alliance as long as there is a chance of working out differences with fellow members the airline said are hostile to the Doha-based carrier.
Qantas has purchased a 19.9% stake in Australian charter and regional carrier Alliance Airlines—a move that raised concerns by rival Virgin Australia, which has a long-standing partnership with Alliance.
Central and Eastern European LCC Wizz Air’s net profit fell sharply to €1.7 million ($1.9 million) in the third quarter, down 87.6% from €14 million a year earlier, driven by higher costs.
Las Vegas-based Allegiant Travel Co., parent of LCC Allegiant Air, reported a net profit of $162 million for 2018, down 18.3% from $198 million in 2017—a reflection of higher fuel prices and completion of a fleet transition.
Japan Airlines (JAL) reported a lower net profit for the first nine months of fiscal 2018, but raised its full-year income outlook as a result of an anticipated easing of fuel prices.
Singapore sovereign wealth fund GIC has acquired an undisclosed minority stake in Danish regional aircraft leasing specialist Nordic Aviation Capital (NAC), finalizing a deal that was first announced in October.
On the heels of Ryanair’s acquisition of Austria-based LaudaMotion, the Irish LCC sees the potential to add more airlines to its current group of three carriers.
UK regional carrier Flybe has rejected a demand for a general meeting from Hosking Partners, which manages 18.72% of Flybe’s shares on behalf of several investors.
China’s Hainan Airlines and its subsidiary carriers received CNY667 million ($99 million) in government support in 2018, primarily as subsidies for aviation services.
Russia’s Aeroflot Group carried 55.7 million passengers in 2018, up 11% year-over-year (YOY). International traffic grew 9.7% to 24.7 million, while domestic traffic increased 12.3% to 31 million.
A Chinese company has applied to operate as a cargo airline based at the north-central city Zhengzhou, where the government is striving to build an air-freight industry.
Faced with competitive pressure in key markets, Hawaiian Airlines plans to introduce several products and services, including basic economy fares, in 2019.
Vietnam Airlines is scheduled to receive 12 Airbus A321neos from lessor California-based Air Lease Corp. this year, boosting the carrier’s existing fleet of this type.
2018 financial results for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for each airline's 2018 fiscal year fourth quarter or equivalent, generally covering October-December 2018.
Irish LCC Ryanair has gained complete ownership of LaudaMotion with the acquisition of the 25% stake in the Austrian LCC held by its founder, former Formula 1 driver Niki Lauda.
After nearly three years of studies and tests, China Eastern Airlines has introduced the country’s first radio-frequency identification (RFID) bag tracking service for its customers.
Scandinavian LCC Norwegian has announced plans to raise NOK3 billion ($353 million) through a rights issue in an attempt to increase liquidity in the absence of a strategic investor.
Japan’s All Nippon Airways (ANA) reported a profit decline for the nine months through Dec. 31, 2018, although it cited an improvement in the December quarter as a positive sign.
