Moscow-based lessor Ilyushin Finance (IFC) has converted a Bombardier Q400 option into a firm order, taking its order to two of the type, to be placed with Kenya Airways low-cost subsidiary Jambojet.
Lufthansa Group recorded a net loss of €68 million ($73 million) for the first quarter of 2017, deepened from the company’s €8 million net loss in 1Q 2016.
American Airlines reported a first-quarter 2017 net profit of $234 million, down 66.6% from net income of $700 million in the 2016 March quarter, as fuel prices rose sharply.
Lawyers for David Dao—the passenger violently dragged off United Express flight 3411 nearly three weeks ago—announced April 27 an amicable settlement had been reached with United Airlines.
Ireland-based low-cost carrier (LCC) Ryanair will reclaim €15 million ($16.3 million) from French authorities following a ruling in the airline’s favor at the European Court of Justice (ECJ).
United Airlines is making a number of policy changes aimed at improving customer service and CEO Oscar Munoz has issued another public apology for the incident on flight 3411 in which a passenger was dragged off an aircraft to make way for a crew member.
Low-cost carrier Norwegian’s first-quarter net loss was NOK1.5 billion ($173.9 million), widened 86% from a NOK800.1 million loss in the year-ago period.
United Airlines’ CEO has provided US lawmakers with a detailed account of events leading up to and during the incident that notoriously ended up with a passenger being brutally dragged off an aircraft to make way for a United regional airline employee.
Italy is preparing an emergency bridge loan to keep Alitalia going, in hopes of finding a buyer, after employees derailed the carrier’s turnaround plan by rejecting a labor agreement.
Alaska Air Group—the parent of Alaska Airlines, Virgin America and Horizon Air—reported a 2017 first-quarter net profit of $99 million, down 46% from a net profit of $184 million in the 2016 March quarter.
Pakistan International Airlines (PIA) has confirmed that CFO Nayyar Hayat has become acting CEO, replacing Bernd Hildenbrand, the company said in a statement April 25, when Pakistan’s Federal Minister for Parliamentary Affairs Shaikh Aftab Ahmed visited PIA headquarters.
Las Vegas-based Allegiant Travel Co., parent of low-cost carrier (LCC) Allegiant Air, reported first-quarter 2017 net income of $41.6 million, down 42.2% from a $72 million profit in 1Q 2016.
Dropping the Virgin America name was a difficult decision, but the benefits of operating under one brand won out. The merger fuels Alaska's growth strategy.
Cathay Pacific Airways is looking to up its game on sustainability as the air transport industry heads toward the introduction of a global carbon-offsetting scheme.
American Airlines wins Airline of the Year. Air Serbia, United Airlines, Singapore Airlines, Volaris and Pittsburgh International Airport also among winners.
JetBlue Airways has changed 11 Airbus A321neo deliveries in 2018 to 11 A321ceo deliveries, and is deferring the delivery of another 13 Airbus aircraft.
Turkish regional carrier Borajet Airlines suspended operations April 23, citing maintenance issues, but said it plans to resume operations by the time the new Istanbul airport opens in 2018.
Dublin-based aircraft lessor SMBC Aviation Capital has placed a direct order with Boeing for three 737-800s, bringing its total owned, managed and committed portfolio for 737-800s to 198.
