The unions representing Monarch Airlines’ staff have agreed to major concessions on pay and terms and conditions, as part of the UK leisure carrier’s plan to evolve into a scheduled low-cost European airline.
LOT Polish Airlines is seeing increased reliability with its Boeing 787-8 fleet and is flying the aircraft an average of 19 hours per day—three more hours than it flew its 767-300s—in a mix of scheduled and charter service, CEO Sebastian Mikosz said in an interview at World Routes 2014.
Philippine Airlines (PAL) is the latest Southeast Asian airline to begin new services to Russia as the increasingly sanctioned country seeks alternative tourism destinations.
The recently approved alliance between Air New Zealand and Singapore Airlines will officially launch Jan. 6, 2015, marking the return of the New Zealand carrier to Singapore after an absence of almost eight years.
Chinese carriers reported a net income of CNY5.9 billion ($960 million) in August, down 7% compared to net income of CNY6.34 billion in the year-ago period.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. Figures are released every two weeks by the U.S. Energy Information Administration.
Emirates Airline president Tim Clark is trying to persuade Airbus to launch a re-engined A380, pledging to place an order for at least 60 A380neo aircraft if the manufacturer were to move forward with the program in the next six months.
Startup carrier Greenland Express has suspended flights after just three months of operation and is aiming to re-launch at some point with a different aircraft type.
London-based investment company Greybull Capital has been named as the lead bidder for Monarch Holdings, the parent of UK leisure carrier Monarch Airlines.
Emirates Airline and Etihad Airways have reportedly halted flights to Sana’a International Airport, the capital of Yemen, because of heavy fighting between Shiite rebels and Sunni militia, the United Arab Emirates-based daily, the National, reported.
Korean low-cost carrier (LCC) Jin Air has solidified plans to begin long-haul daily operations to the Pacific Island destination of Guam, following a spate of summer-only schedules to China.
Singapore-based low-cost carrier (LCC) Scoot is looking to expand and consolidate its route network in the fourth quarter of 2015 as it phases out its Boeing 777-200ER fleet with new 787 aircraft.
Canadian leisure carrier Air Transat will take two Boeing 737-700s and two -800s on seasonal lease from Europe Airpost in France and Czech Republic-based Travel Service Airlines.
Bangkok Airways has filed a submission to the Thai Securities and Exchange Commission (SEC) for an initial public offering (IPO) of just under 25% of the company, aimed at generating additional funds for fleet renovation and infrastructure upgrades.
Combined international premium and economy passenger traffic slumped for a second month in July as year-over-year growth stalled at 2.6%, according to IATA’s July Premium Traffic Monitor.
Speaking to a Washington DC audience in September, American Airlines chairman and CEO Doug Parker noted a dichotomy with which US airlines are battling. “The industry is doing better than it ever has done and it feels like everything is going better until you come to Washington DC. Here in our nation’s capital it often feels like the opposite. We are over-taxed, over-regulated and under-served,” Parker said.
Fast-growing Ethiopian Airlines announced an order Saturday for 20 Boeing 737 MAX 8s plus 15 options and purchase rights in a deal worth more than $2.1 billion at list prices.
International Airlines Group (IAG) has firmed up eight Airbus A330-200 options for Iberia, valued at $1.5 billion at list prices, and taken options on a further 10 A330s for the group.
Swiss International Air Lines will terminate its collective labor agreement (CLA) with the Aeropers pilot union at the end of November 2016 following the failure of the latest round of talks.
Russia’s Aeroflot has registered a new low-cost carrier (LCC) subsidiary called Byudzhetny Perevozchik, which directly translates as “Budget Carrier,” after European sanctions forced it to close its Dobrolet startup.
