Vietnamese low-cost carrier (LCC) Vietjet has taken the first step toward meeting its ambitious 2017 financial goals by posting a 6.8% profit improvement for the first quarter.
China Eastern Airlines will become China’s first state-owned carrier to diversify ownership of its logistics subsidiary, in an effort to enhance market competitiveness.
Tom Demetrio, the high-profile Chicago attorney who is representing the United Airlines passenger dragged off a recent flight, said he has been retained by an American Airlines passenger who got into an apparent confrontation with a flight attendant April 21.
Dubai Aerospace Enterprise (DAE) has bought Ireland-based lessor, the AWAS group of companies, from private equity investor Terra Firma Capital Partners and the Canadian Pension Plan Investment Board.
The board of directors of Chicago-based United Continental Holdings, the parent company of United Airlines, has for the second time in two years amended CEO Oscar Munoz’s contract to deny him the role of board chairman.
Hawaiian Holdings, parent of Hawaiian Airlines, reported a $36.9 million net profit for the 2017 first quarter, down 28.3% from a $51.5 million net income in 1Q 2016.
Greece-based Aegean Airlines and subsidiary Olympic Air carried 2.1 million passengers in the first quarter, up 5% compared to 2.01 million the year-ago quarter.
Royal Jordanian’s charter subsidiary, Royal Wings, will reinforce its initial scheduled services from the Jordanian resort of Aqaba, with a second destination.
A US federal bankruptcy judge in New York has approved the reorganization plan of Indianapolis-based Republic Airways Holdings, paving the way for Republic to exit Chapter 11 protection.
Mexican ultra-low-cost carrier (ULCC) Volaris reported a MXP1.4 billion ($72.7 million) net loss for the first quarter of 2017, reversed from a MXP602 million net profit in the year-ago quarter.
Chicago-based United Airlines and Frankfurt-based Lufthansa Cargo have signed a joint venture (JV) agreement for “extensive” cargo cooperation on routes between the US and Europe.
Irish lessor Avolon more than doubled its owned and managed fleet to 565 aircraft in the first-quarter of 2017 compared to the year-ago quarter, the company reported April 18.
Emirates Airline will reduce flights to the US starting next month, citing a “significant deterioration” in demand for travel to the US since President Donald Trump took office three months ago.
