Eurowings Europe, which is adding 33 wet-leased airberlin Airbus A320s to its fleet by the end of April, said the additional aircraft will create operational challenges for the Lufthansa Group low-cost subsidiary (LCC).
Southwest Airlines chairman and CEO Gary Kelly said this week’s executive suite shuffle at the Dallas-based carrier does not mean his successor has been appointed or that he will be ceding responsibility for the company’s direction anytime soon.
Omani startup Salalah Air is planning a move from its original equipment of light aircraft and 19-seater regional turboprops to jets about a year after it starts services.
Delta Air Lines CEO Ed Bastian said there is a “pretty good list” of issues airlines look forward to raising with the incoming Trump administration, including making the case that Gulf airlines operating to the US are improperly subsidized.
Delta Air Lines posted a 2016 net profit of $4.4 billion, down 3% from net income of $4.5 billion in 2015, as higher labor costs drove a slight decrease in earnings.
As of January 11, 2017, average list prices for Airbus and Boeing commercial aircraft; with passenger seating capacity, cargo tonnage capacity and aircraft flight range.
Indian low-cost carrier (LCC) GoAir has finalized an order for 72 A320neos, firming up a memorandum of understanding (MOU) that was signed during the 2016 Farnborough Airshow.
Italian national carrier Alitalia has been asked to present the Italian government with a detailed business plan agreed with creditors, banks and shareholders within the next few weeks as it again faces significant financial losses.
Asian airlines’ international air cargo traffic for November increased 5.3% year-over-year (YOY) to 6.1 billion FTKs, a 1.3% rise in FTKs from October, according the Association of Asia-Pacific Airlines (AAPA).
Thirty-one Chinese carriers are expected to receive CNY987.6 million ($143 million) in subsidies for operating regional routes in 2017, according to the Civil Aviation Administration of China (CAAC).
[UPDATE] The US Federal Bureau of Investigation (FBI) has confirmed the Fort Lauderdale-Hollywood (Florida) International Airport (FLL) shooter was an arriving passenger who used a handgun from his checked baggage.
[UPDATE] Fort Lauderdale-Hollywood (Florida) International Airport (FLL) reopened Saturday morning after Friday’s closure following the shooting that killed five people, but one terminal remained closed and thousands of bags need to be returned to passengers.
Turkish regional carrier BoraJet has been acquired by Istanbul-based investment group SBK Holding for $258 million, after it bought the shareholding of the airline’s founder Yalcin Ayasli.
Danish regional aircraft lessor Nordic Aviation Capital (NAC) has completed the acquisition of two ATR 42-600 and 23 ATR 72-600s from US-based Air Lease Corp. (ALC).
Johannesburg-based Solenta Aviation Holdings is to acquire 28% of African low-cost carrier (LCC) fastjet as part of a $48 million equity deal, which is expected to be finalized Jan. 24.
Fast-expanding low-cost carrier (LCC) Norwegian plans to take nine Boeing 787-9s and its first 737 MAX in 2017, using some extra capacity to add its first long-haul, low-cost flights between the UK and non-US destinations.
Vietnam Airlines (VNA) and its subsidiaries earned a consolidated pre-tax profit of $113.7 million in 2016, which represents a 140% increase on the previous year, according to the company’s initial estimates.
