Kazakhstan flag carrier Air Astana is eyeing a double listing for an initial public offering (IPO) in 2018, with one in Kazakhstan and one in London, Hong Kong or Singapore.
Belgian regional VLM Airlines has confirmed it has filed for bankruptcy. “All flights are canceled with immediate effect,” VLM said in a statement June 22.
The rate of change in scheduled passenger airline full-time equivalent employment by airline group, displayed as year-over-year percentage growth or losses. Differential changes for each of the last 13 months are shown.
Air Lease Corp. (ALC) has appointed John Plueger as president and CEO, effective July 1, as current CEO Steven Udvar-Házy assumes the role of executive chairman of the board, a full-time officer role.
Lufthansa low-cost subsidiary Eurowings must grow quickly to about 100 aircraft to remain competitive in the market, Lufthansa chairman and CEO Carsten Spohr told ATW.
Nigeria will allow its currency, the naira, to trade freely against the US dollar from June 20, following a move by several international airlines to stop flights into the country.
Virgin Australia will shore up its balance sheet with a new share issue to investors, and will also make significant fleet cuts as part of a wider cost-reduction effort.
Lufthansa subsidiary Swiss International Air Lines (SWISS) has appointed Reto Francioni as its new board chairman, succeeding Bruno Gehrig, who has retired after nearly six years as chairman.
US Airlines ranked by complaints per 100,000 passengers, lowest to highest; contrasted with complaint rankings from the previous month, and the year-ago month.
Indian Ocean flag carrier Air Mauritius recorded a net profit of €15.4 million ($17.4 million) for the year ended March 31, reversed from a net loss of €23.7 million the previous year.
Monthly percentages of total flight cancellations, per reporting airline. Ordered from lowest percentage of total flight operations canceled to highest.
The latest US Airline Fuel Cost and Consumption figures - for April 2016 and comparative prior months - organized by domestic, international and system totals.
Lufthansa Cargo will eliminate up to 800 jobs, out of a worldwide workforce of around 4,600, as part of an overall effort to reduce annual costs by €80 million ($90 million) and remain competitive.
Europe and the US should broaden their Open Skies transatlantic aviation agreement so that airlines can operate more like other businesses, unshackled by ownership and control rules, the head of the European Commission’s transport directorate told a Washington DC audience.
