Mexico City-based ultra-low-cost carrier (ULCC) Volaris reported a MXN519.9 million ($29 million) net loss for the 2017 second quarter, reversed from the airline’s MXN935 million net profit in 2Q 2016.
UK low-cost carrier (LCC) EasyJet’s decision to place an air operator’s certificate (AOC) in Austria, launching EasyJet Europe, has been well received in the UK.
While the airlines collectively might not be quite as profitable in 2017 as in 2016, it looks increasingly likely they will get close to record net profit.
From the outset, the Boeing 787 was designed to be a family of three. Now that the –10 is flying, how will the family stack up against its Airbus rivals?
The parent of All Nippon Airways wants to achieve record profitability by 2020 and grow international revenues by 40% while expanding LCC business 10-fold.
Air France-KLM has admitted there is room for improvement, after a research report exposed a cultural rift between the Dutch and French sides of the group.
UK low-cost carrier (LCC) easyJet has confirmed EasyJet Europe has launched operations after securing an air operator’s certificate (AOC) and an operating license by Austrian aviation authorities.
French Skyteam carrier Air France has christened its new lower-cost airline, which was previously known as the Boost project, as ‘Joon’ and named Jean-Michel Mathieu as CEO.
ANA appointed former EVP and board member Yuji Hirako the airline’s president and CEO in April. He succeeded Osamu Shinobe, who was promoted to vice chairman of ANA Holdings.
Central and Eastern Europe low-cost carrier (LCC) Wizz Air recorded a 50.4% jump in net income for the first three months of its financial year, which runs from March 31-June 30, 2017.
Ultra-low-cost carrier (ULCC) Spirit Airlines expects to record higher-than-anticipated second-quarter unit revenue but a smaller capacity increase, largely because of “pilot-related flight cancellations,” the airline said July 17.
