European tour operator TUI Group has confirmed it has taken a €293 million ($320 million) hit as a result of the Boeing 737 MAX grounding for its fiscal 2019, which ended Sept. 30.

Philippine LCC Cebu Pacific has officially joined IATA as a member, making it the largest IATA member in the Philippines in terms of market share.

Air France-KLM firmed up an order for 60 Airbus A220-300s as part of a drive to revamp Air France’s single-aisle fleet.

British Airways (BA) and China Southern Airlines finalized a joint venture (JV) agreement Dec. 17 to expand each other’s network and implement reciprocal frequent flyer benefits.

South Korea’s largest LCC Jeju Air has committed to buy a majority stake in Eastar Jet, in what could be a major step toward consolidation in the country’s crowded LCC market.

Delta Air Lines is the latest carrier to sign a long-term offtake agreement for sustainable aviation fuel (SAF) as the long-awaited scaling up of supply begins to gather momentum.

Nigerian startup Green Africa Airways has appointed former Air Italy COO Neil Mills as president and COO, as the airline progresses toward a planned 2020 launch.

Alitalia’s new special commissioner Giuseppe Leogrande met with Italy’s economic development minister Stefano Patuanelli and union representatives Dec. 17 in a bid to find a way forward for the Italian flag carrier, which filed for bankruptcy two-and-a-half years ago.