Latvia’s national carrier airBaltic saw its net profit for 2016 drop sharply to €1.2 million ($1.3 million) in 2016 from €19.5 million in 2015 as the carrier encountered falling yields.
Winning the 2017 ATW Airline of the Year Award was a “really big deal,” American Airlines chairman and CEO Doug Parker said as he received the trophy at a gala dinner in New York Tuesday.
UK-based regional carrier Flybe anticipates making a small adjusted pre-tax loss for the year ending March 31, as it continues to fight in a highly competitive European market, the company said March 29.
Atlanta-based Delta Air Lines and Seoul-based Korean Air have signed a memorandum of understanding to form an antitrust-immunized transpacific joint venture (JV).
UK carrier bmi regional is evaluating several strategies if the UK leaves the European Union (EU), or Brexit, as the carrier said it would most likely no longer have guaranteed access to the European Common Aviation Area (ECAA) beginning in 2019.
American Airlines confirmed it has agreed to make a $200 million equity investment in China Southern Airlines, and the two airlines will enter into a long-term partnership.
Hong Kong-based China Aircraft Leasing Group posted a 2016 net profit of 638.4 million Hong Kong dollars ($82.3 million), up 67.9% from the company’s HK$380.2 million net profit in 2015.
In bringing together American Airlines and US Airways, the company’s leaders knew it would be the world’s biggest airline. They also wanted it to be the best.
Air Serbia is recognized for innovative products and services and sound business strategies that have differentiated it from competitors in Southeast Europe.
Singapore Airlines is renowned for high passenger service standards, but the airline broke the mold again in 2016 with a new inflight entertainment app.
John W. Crichton transformed air traffic management in Canada during his 18 years as CEO of NAV Canada and gained international recognition in the ATC world.
Virgin Australia’s launch of a flight to Hong Kong will dramatically expand its Chinese mainland network thanks to its prospective partnership with China’s HNA Group.
A codeshare agreement between Air Astana and Lufthansa, beginning in March, advances Star Alliance efforts to develop a relationship with the well-located Kazakhstani carrier.
Ultra-LCC Volaris has the lowest unit cost in the Americas among publicly traded companies, with the highest utilization and the youngest fleet in Mexico.
United Airlines has unveiled a redesigned security checkpoint at Newark Liberty International Airport’s Terminal C, featuring 17 new automated screening lanes built by Luton, UK-based aviation checkpoint developer L-3 MacDonald Humfrey.
