IAG, the owner of British Airways and Aer Lingus, is to expand its presence at Gatwick Airport after striking a deal to buy the majority of slots vacated by the collapse of Monarch. Hungarian carrier Wizz Air is also set to take Monarch's former slots at London Luton.
The administrators of failed British airline Monarch have revealed that advanced sale talks were held in the run up to the carrier’s collapse, while its management team were also mulling a change in business strategy to focus on profitable long-haul routes.
Icelandair's Einar Pall Tomasson explains how the airline is responding to aggressive transatlantic competition from the likes of Norwegian and WOW as it seeks to grow its market share.
The strong are getting stronger and the weak are getting weaker, according to outgoing easyJet chief executive Carolyn McCall, who said the collapse of several rival airlines has boosted growth at the low-cost carrier.
Hungarian low-cost airline Wizz Air is to launch five new routes from London Luton after confirming plans to base four additional Airbus A320 aircraft at the UK airport.
Low-cost carrier easyJet has revealed the identity of its next chief executive but – despite the airline’s strong performance in recent years – the new man at the helm may not be in for an easy ride.
With the fate of Italy's beleaguered flagship airline Alitalia still to be decided, one of the country’s newest carriers has ambitions of becoming the biggest in the low-cost industry.
Wizz Air is to base up to seven aircraft in the UK over the next two years as chief executive József Váradi readies the Hungarian low-cost carrier for a period of industry uncertainty.
Take-off and landing slots at London Gatwick, Manchester and Birmingham that were previously controlled by collapsed carrier Monarch Airlines are set to be reallocated to other airlines after administrators lost a legal bid to retain them.
Airbus expects to miss its target of delivering 200 Airbus A320-family aircraft in 2017 because of ongoing issues surrounding the availability of engines.
British low-cost carrier easyJet has agreed to acquire parts of Air Berlin for €40m on the same day as the insolvent German airline operated its final flight.
Fresh from completing a €33m infrastructure investment, Faro Airport hopes to ease seasonal troughs with the addition of new routes and the expansion of existing services.
Finland’s flag carrier and largest airline is uniquely placed to increase traffic to Asia, while closer to home benefitting from Lapland’s popularity as a holiday destination.
Although the 2018 Fifa World Cup comes at a time of gradual decline for Russia's aviation sector, the country is embarking on a strategy to up its infrastructure game and revamp many of its airports over the next decade.
The UK's Chancellor Philip Hammond has admitted that flights could “theoretically” cease on the day Britain exits the EU - but stressed it was a worst case scenario.
Global airlines carried 3.8 billion passengers on scheduled services last year, an increase of 7 percent on the previous 12 months, representing an additional 242 million air trips.
