Niki Lauda, a Formula One racing champion who went on to create and run three airlines, has died aged 70.

The average net earnings for Asia Pacific’s 25 main carriers fell a little more than 50% year-on-year (YOY) in 2018, in light of “significantly higher jet fuel prices, adverse currency movements and rising pressures on non-fuel cost items,” according to Association of Asia Pacific Airlines (AAPA).

European leisure airline TUI Group will decide by the end of May whether to extend contingency plans put in place to offset the impact of the grounding of its 15 Boeing 737 MAX 8s.

Taiwan’s Far Eastern Air Transport (FAT) has abruptly canceled over 30 international flights after it came close to flying beyond its monthly limits set by the country’s Civil Aeronautics Administration (CAA).

Ryanair said profit fell 29% in the year to March 2019, hit by lower fares, a trend it expects will continue throughout the summer season, while the delayed arrival of the Boeing 737 MAX means its cost benefits will be later to accrue.