The administrators of UK leisure carrier Monarch Airlines—which entered into administration Oct. 2—are scheduled in court next week to determine whether the carrier still has allocation powers over its airport slots.

International Airlines Group (IAG) CEO Willie Walsh is aiming to finalize Spanish long-haul LCC Level’s next steps before year-end and hire a dedicated CEO for the business.

US airlines are past the peak of their current cycle of profitability and urgently seeking cost savings as expense increases outpace revenue gains, Airlines for America (A4A) chief economist John Heimlich said.

Calgary-based LCC WestJet has modified its Boeing commitments to include the 737-10 model, the airline told analysts during its third-quarter earnings call Oct. 31.

Japan’s two major airlines have boosted their profit guidance for the fiscal year through March 31, in part because of strong performance on their international networks.