LCC Norwegian has rejected industry speculation about the financial sustainability of its long-haul LCC model, arguing that the business case has already been demonstrated.
The general superintendence of Brazilian regulatory agency Conselho Administrativo de Defesa Econômica (CADE) has recommended that CADE’s administrative tribunal approve the American Airlines-LATAM Airlines Group joint venture (JV) without conditions.
Wall Street continues to be lukewarm to investing in US airline stocks, but the industry appears positioned for long-term financial success and stability, according to airline executives and financial analysts.
Lufthansa Group subsidiary Austrian Airlines is wet leasing two Bombardier CRJ900s from Slovenia-based Adria Airways for short-haul routes on the Austrian network.
Niki Lauda, ex-Formula 1 champion and founder of Austria-based airberlin subsidiary NIKI, is partnering with UK-based Thomas Cook Group and its German leisure airline subsidiary Condor to bid for NIKI and other parts of airberlin.
Newly launched Omani LCC SalamAir has appointed Mohamed Ahmed as its new CEO, effective Oct. 2, succeeding founding CEO, Francois Bouteiller, who was dismissed suddenly in August.
Airberlin canceled another 32 flights Wednesday, Sept. 13, after pilots continued to call in sick for the second day in unusually high numbers as the Sept. 15 deadline nears for potential buyers of the bankrupt German carrier.
Airberlin canceled more than 100 flights Sept. 12 after pilots called in sick in unusually high numbers fearing possible redundancies at the bankrupt German carrier.
Lufthansa Group carrier Brussels Airlines will start using slots acquired from leisure carrier Thomas Cook Airlines Belgium (TCAB) from October, after receiving approval from the Belgian Competition Authority (BCA).
Irish low-cost carrier (LCC) Ryanair will base another three Boeing 737-800s at Frankfurt Main Airport, taking it to 10 aircraft at the German hub, and add another five routes from its Madrid base.
Inmarsat Aviation appointed chief strategy officer Philip Balaam to lead the Aviation Business Unit, succeeding Leo Mondale, who plans to retire in early 2018 after 13 years at the satellite communications specialist.
Atlanta-based Delta Air Lines canceled about 900 flights Sept. 11 as crosswinds from Tropical Storm Irma are expected to impact Delta’s hub at Hartsfield-Jackson Atlanta International Airport (ATL).
Oneworld carrier Finnair has increased its full-year profit expectations to €135-€155 million ($162-$186 million), up from around €110 million from the previous guidance in July.
German carrier airberlin, which filed for bankruptcy last month, is to close all of its long-haul routes to the Caribbean from Sept. 25 because of cuts to its long-haul fleet.
Thai LCC Nok Air anticipates reducing its losses substantially this year and will probably move into profitability in 2018, according to CEO Patee Sarasin.
Lufthansa Group LCC subsidiary Eurowings Europe will continue to grow even if airberlin and Austrian LCC NIKI become part of the Lufthansa Group, an airline executive told ATW.
Malaysia Airlines Bhd. (MAB) said it remains on track for returning to profitability next year, despite increasing competitive pressure in its domestic markets.
Top aviation industry officials paid tribute to Jane Garvey, and two former US Presidents sent letters of congratulations, as the former FAA administrator received the 2017 L. Welch Pogue Award Thursday for lifetime achievement in aviation.
