Filipino low-cost carrier (LCC) Air Asia Philippines will delay a projected $200 million initial public offering (IPO) by 24 months to 1Q 2018, until the carrier has further consolidated its business in the local market.
The Lufthansa Group has invited airlines to join low-cost subsidiary Eurowings as a franchise company, Lufthansa Passenger Airlines CEO Karl Ulrich Garnadt told ATW in Vienna.
Indonesian low-cost carrier (LCC) Lion Air is looking to open new routes from its home base in Jakarta to destinations in China, including Shanghai and Guangzhou.
Lufthansa has canceled 290 out of 3,000 flights—including 15 intercontinental services—on the first day of a week-long strike by its cabin crew, which is represented by the UFO union.
International Airlines Group (IAG) has named Vueling CEO Alex Cruz as the next chairman and CEO of British Airways (BA), succeeding Keith Williams who will retire April 2016.
Australia-based low-cost carrier (LCC) Jetstar has outlined ongoing expansion plans for its subsidiaries in Southeast Asia, including both fleet and route additions in the coming months.
United Airlines released a Nov. 5 letter from United president and CEO Oscar Munoz to company employees indicating Munoz will return in the 2016 first quarter.
Southwest Airlines pilots voted to reject a tentative agreement on a new labor contract that had been reached between their union leadership and airline management.
Republic Airways Holdings (RAH)—parent of Republic Airlines and Shuttle America—reported third-quarter net income of $2.9 million, down 84.3% from $18.5 million in the year-ago quarter.
Lufthansa Group has suspended all flights to/from Sharm el-Sheikh, Egypt, a move made following strong statements from the UK government that an explosive device could be responsible for the Oct. 31 Metrojet Airbus A321 crash.
Air Canada posted third-quarter net income of C$437 million ($325.9 million), up 35.3% over a net profit of C$323 million in the 2014 September, as the airline’s earnings bucked Canada’s weak economy.
International Airlines Group (IAG) has converted options on two Airbus A330-300s for Aer Lingus, two A330-200s for Iberia and 15 A320neos for use across the group.
Korean Air has finalized an order for 30 Boeing 737 MAXs and two 777-300ERs, with a list value of nearly $4 billion, firming up the commitment it made during the Paris Air Show in June.
Revenue-generating numbers touted by OEMs for airliner cabin modifications are not necessarily produced in reality, a senior executive at Singapore-based low cost carrier Tigerair cautioned.
The UK government has taken the “precautionary step” of delaying flights that had been scheduled to fly from Sharm el-Sheikh, Egypt to the UK the evening of Nov. 4, citing new “information” from the investigation into the Metrojet Airbus A321 that crashed in the Sinai Peninsula Oct. 31.
From Boeing's 2015 Current Market Outlook report, 20-year projections for economic and traffic growth, plus needed new aircraft to accommodate the projections, for the world's regions.
