Hainan Airlines Group (HNA), parent of Hainan Airlines, is expected to invest in Kenya’s cargo carrier Astral Airlines as it further expands into the African market.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, has promoted Russell Childs as president of the company, effective May 12.
US Airline Fuel Cost and Consumption figures, organized by domestic, international and system totals, contrasted with figures from the previous month, a year ago, two years ago and five years ago.
Lufthansa and Air China are in talks that could lead the German and Chinese carriers to forming a revenue-sharing joint venture similar to those that Lufthansa has with United Airlines, Air Canada and All Nippon Airways.
International Airlines Group (IAG) showed a marked improvement in its first-quarter figures compared to the year-ago quarter as restructuring at Spanish flag-carrier Iberia continues to flow through to the bottom line.
Singapore Airlines Group (SIA) earned net income of S$360 million ($288 million) for its 2013-2014 fiscal year ended March 31, down 5% from S$379 million in the prior fiscal year.
SriLankan Airlines is planning to shift its maintenance and training activities, along with its leisure connecting traffic, to the island nation’s second international gateway at Mattala.
Manston Airport in Kent, Southeast England, is set to close May 15 despite an eleventh hour offer from US investment firm RiverOak to purchase the loss-making facility.
The European Aviation Safety Agency (EASA) has announced new proposals for flight data and voice recorders and underwater locating devices (ULDs) in the wake of the disappearance of Malaysia Airlines Flight MH370.
Dubai-based Emirates Airline reported a profit of AED3.3 billion ($900 million) for the financial year ended March 31, 2014, up 43% from AED2.3 billion for the previous financial year.
Airberlin has raised €252 million ($351 million) from the issuing of new bonds as part of its recently announced recapitalization program to return to profitability.
China’s Xiamen Airlines is reportedly in negotiations with Hebei Airlines stakeholders to take over the loss-making Shijiazhuang-based carrier, according to a Xiamen Airlines insider.
Penton announces that after an extraordinary 37-year career at Air Transport World (ATW), publisher Bill Freeman will retire following this year’s Farnborough Airshow in July.
Singapore-based low-cost carrier (LCC) Tigerair Group is replacing its CEO Koay Peng Yen with ex-Singapore Airlines executive and Tigerair board member Lee Lik Hsin after continuing heavy losses in Fiscal Year 2014.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, incurred a first-quarter net loss of $22.9 million that it largely blamed on severe winter weather.
Copa Holdings, parent of Panama’s Copa Airlines and Copa Airlines Colombia, posted first-quarter net income of $151.4 million, up 33% from a net income of $113.8 million in the year-ago quarter.
