New York-based JetBlue Airways, bolstering its top-level management, promoted Joanna Geraghty to president and chief operating officer and put her in charge of day-to-day operations.
HNA Group has sold its 6.2% stake in South African carrier Comair through its Netherland-based subsidiary as part of the Hainan, China-based company’s asset disposal plan.
Omani national carrier Oman Air has begun the process of disposing its small fleet of Embraer 175 regional jets, almost three years after it originally proposed removing them from its inventory.
Finnair CEO Pekka Vauramo is to step down by November 2018 to take up a position as CEO with Metso Corporation, a Finnish industrial machinery company that specializes in mining and related industries.
Irish LCC Ryanair’s net profit for 2017-18 has risen 10% to €1.45 billion ($1.71 billion), delivering a 20% net margin, even after thousands of flight cancellations in fall 2017, but rising labor and fuel costs mean a weaker result is expected for 2018-19.
Ultra-LCC Volaris Costa Rica completed its initial round of Central America-US route openings with the launch of flights between Costa Rican capital San José and Washington Dulles International Airport (IAD).
Shanghai-based China Eastern and Guangzhou-based China Southern airlines are expected to benefit from the Civil Aviation Administration of China’s (CAAC) new policies on international operations and Beijing’s “One city, two airports” rules.
Singapore Airlines (SIA) is taking another major step in streamlining its group structure, announcing plans to merge its SilkAir subsidiary into the core parent carrier.
After an initial delay, Canadian LCC WestJet Airlines is poised to launch its first capacity purchase agreement (CPA) in June, the first of what is expected to be several deals that will expand the carrier’s network into smaller communities.
Dominican Republic-based startup Dominican Wings is rebranding as Flycana, the first LCC in the Caribbean, according to owner and founder Victor Pacheco.
Singapore Airlines (SIA) more than doubled its net profit for its 2017/18 fiscal year through March 31, as robust revenue growth managed to offset continued yield weakness and rising fuel costs.
A strong summer-season demand environment has US majors holding steady on capacity plans even as fuel continues to rise, with likely—and some say needed—reductions expected to come in time for the winter season.
