African low-cost carrier fastjet reported a net loss of $48 million for the year ended Dec. 31, 2016, more than doubling the $21.9 million loss in the year-ago period.
Japan Airlines (JAL) will keep its growth to a steady rate over the next few years, but will likely see a more dramatic increase in 2020, chairman Masaru Onishi said.
Higher operating costs are becoming the “emerging challenge for the airlines,” the IATA’s chief economist Brian Pearce warned at the association’s AGM in Cancun.
International Airlines Group (IAG) CEO Willie Walsh emphasized that IAG subsidiary British Airways’ (BA) IT system did not fail during the recent episode that caused widespread flight cancellations, and offered criticism of the media for how the incident was covered.
Abu Dhabi-based Etihad Airways and Moroccan national carrier Royal Air Maroc (RAM) have signed a memorandum of understanding (MOU) for a cargo cooperation between the two airlines.
IATA has revised its global airline industry profit forecast for 2017 upwards by 5.4% to a net profit of $31.4 billion, citing a stronger than expected world economy.
Success in Cuba is a “middle- to long-term” prospect for airlines, particularly for US carriers that launched service to Cuba after the market was reopened to US commercial flights last year, according to IATA regional VP-Americas Peter Cerda.
Malaysia Airlines Berhad said it has received global interest from the tourism industry to be part of a dedicated Airbus A380 charter business concept targeting pilgrimage traffic.
Malaysia Airlines said it saw steady progress in the 2017 first quarter, even though it was a “tough” quarter with intensifying competition, higher fuel prices and adverse foreign exchange impacting its performance.
AviaAM Leasing—a Warsaw Stock Exchange-listed aircraft leasing company—has reported rapid growth in 2016 with a significant increase in business volumes.
International Airlines Group’s (IAG) new long-haul, low-cost carrier (LCC) Level launched flights from Barcelona June 1, with an initial Airbus A330-operated service to Los Angeles.
Leisure carrier Thomas Cook Airlines Belgium (TCAB) is being sold to two companies, Lufthansa Group carrier Brussels Airlines and a company working to resurrect former Belgian regional carrier VLM Airlines.
German leisure carrier airberlin reported a first-quarter net loss of €293.3 million ($315 million), widened from a €182.3 million net loss in the year-ago period as a result of turnaround measures.
Berlin-based Germania Group is increasing its presence in the wet-lease business segment in order to meet the increasing market demand for aircraft-crew-maintenance-insurance (ACMI) services.
The airline industry is ever-changing, yet there are some constants. One of them: fuel will always be one of the largest cost categories in any airline operation.
Ultra-low-cost carrier (ULCC) Allegiant Air EVP and COO Jude Bricker resigned May 26, the Las Vegas-based carrier announced without further explanation.
