Hurricane Irma cost Delta Air Lines $120 million in lost revenue, leading the company to lower its third-quarter operating margin expectations by about one percentage point, to between 15.5% and 16.5%, the Atlanta-based carrier said Oct. 3.
The UK’s Monarch Aircraft Engineering Ltd. (MAEL) will continue operations despite the Oct. 2 collapse into administration of Monarch Airlines and Monarch Travel Group.
Ryanair has posted a 10% increase in traffic for September, despite high-profile crewing problems that have forced the Irish LCC to cancel thousands of flights.
Lithuanian leisure carrier Small Planet Airlines has obtained a Cambodian air operator’s certificate (AOC) to help counter European market seasonality.
Singapore Airlines Group (SIA) and Lufthansa Group launched a joint venture (JV) covering flights between Singapore, Australia, Germany, Switzerland, Austria and Belgium Oct. 1.
Halifax, Canada-based Chorus Aviation Capital (CAC), the aircraft leasing subsidiary of Chorus Aviation, has acquired three aircraft—two Embraer E195s and one E190 with attached leases.
[UPDATED] UK leisure carrier Monarch Airlines entered administration in the early hours of Oct. 2 and its air operator’s certificate (AOC) has been suspended, marking the UK’s largest ever airline collapse.
Qatar Airways acquired a 49% stake of AQA Holding, the new parent company of Sardinia-based leisure carrier Meridiana fly, leaving 51% of AQA Holding to its previous sole shareholder Alisarda.
UK LCC easyJet is set to trial onboard intranet-based IFE, supplied by Barcelona-headquartered technology firm Immfly, from this fall and is evaluating Inmarsat’s European Aviation Network (EAN) for future full Wi-Fi connectivity.
American Airlines is planning more enhancements to its onboard products as it pursues a strategy of segmenting cabins to offer multiple levels of service at different fare points.
American Airlines is confident it will continue to produce annual profits averaging $5 billion and will never again lose money, chairman and CEO Doug Parker said Thursday.
Russian carriers will transport VIM Airlines’ passengers booked through Oct. 15, the Ministry of Transport said Sept. 27, as VIM faces financial turbulence.
Southwest Airlines expects to lose $100 million in revenue in the third quarter because of the recent spate of hurricanes, and has downgraded its unit revenue and cost guidance for the September quarter.
Irish LCC Ryanair has said it is no longer interested in acquiring part of Italian flag carrier Alitalia, as it instead focuses on its own pilot crewing crisis.
UK LCC easyJet has formed a partnership with US-based Wright Electric, which aims to develop an 180-seat electric aircraft for commercial aviation use within 10 years.
Irish LCC Ryanair is cutting winter capacity growth by 25 aircraft and its planned summer 2018 fleet by 10 aircraft because of a pilot-leave scheduling failure, although the airline’s profit forecast remains unchanged.
Southwest Airlines has publicly apologized to a passenger who was physically pulled off a Boeing 737 by law enforcement officers at Baltimore/Washington International Airport over a pet-allergy dispute.
Russian authorities are studying VIM Airlines’ route network to determine how other carriers could take over certain parts of it in case VIM must cancel flights because of financial problems.
Lufthansa Group’s supervisory board has approved a €1 billion ($1.2 billion) investment to purchase and lease up to 61 aircraft for its LCC subsidiary Eurowings as the bidding process for parts of the insolvent airberlin continues.
