All Nippon Airways (ANA) Holdings has revealed some major investment moves, as it confirmed the purchase of a 9.5% strategic stake in Philippine Airlines (PAL) and placed an order for 38 narrowbody aircraft from Airbus and Boeing.
UK regional carrier Flybe has voiced the board’s “full confidence” in chairman Simon Laffin, after key shareholder Hosking Partners demanded Laffin’s removal and a probe into Flybe’s sale process.
The AirAsia family of airlines, consisting of AirAsia Berhad, Thai AirAsia, AirAsia India and AirAsia Japan all saw strong growth in fourth-quarter (4Q) 2018, as well as full-year 2018, ended Dec. 31.
Responding to growth in the Asian travel and mobility digitalization market, the Lufthansa Group opened a Lufthansa Innovation Hub (LIH) office Jan. 28 in Singapore, its first outside Berlin.
American Airlines opened its new $215 million Hangar 2 at Chicago O’Hare International Airport on Jan. 25, 2019. David Seymour, the airline’s senior VP integrated operations, explains why this hangar, the biggest at the airport, is important to American’s expanding O’Hare operation.
Europe’s top five airlines (or airline groups) now account for more than half of the continent’s air passenger traffic, according to German research organization Scope Ratings.
Executives from Southwest Airlines announced the carrier’s planned expansion into Hawaii will likely be delayed for months, a result of the ongoing US partial government shutdown, which has furloughed the FAA workers needed to certify the new routes.
In results accounting for the impact of US tax reforms, a fleet transition and a labor agreement, JetBlue Airways reported an adjusted 2018 net income of $487 million, down compared to $574 million in 2017.
American Airlines is confident that big-picture initiatives it has put in place—including a focus on leveraging its Dallas-Fort Worth (DFW) hub, more tailwinds from cabin segmentation and cost reductions—have the carrier poised to rebound from what CEO Doug Parker acknowledges was a “challenging [2018] financially.”
Slovenian carrier Adria Airways said Jan. 22 that the Slovenian CAA has dropped an investigation into whether it is able to fulfil the terms of its operating license.
UK regional operator Flybe is seeking to reassure the market about the future of its proposed takeover by a Virgin-led consortium, amid reports that one of its biggest shareholders has threatened to take legal action to stop the transaction from going ahead.
Etihad Airways has started legal proceedings against airberlin’s administrator to fight the bankrupt German carrier’s attempt to retrieve €2 billion ($2.27 billion) in damages from its former shareholder.
ManaAir LLC, a new company with United Airlines as a minority stakeholder, has completed its acquisition of United regional partner ExpressJet Airlines.
