Ireland-based low-cost carrier (LCC) Ryanair reported a 55% jump in net profit for the first quarter of its 2018 financial year, with the post-tax figure rising to €397 million ($453 million), compared to €256 million a year ago.
United Aircraft Corp. (UAC) has predicted a need for 1,170 passenger aircraft, worth $135 billion at list prices, by 2036, the Russian manufacturer said during last week’s MAKS Air Show in Moscow.
Darwin Airline’s newly appointed CEO Heinrich Ollendiek said its new owners will be a much better “fit” with the Swiss regional carrier than its previous equity partner, Etihad Airways.
International Airlines Group (IAG) has firmed three options for Airbus A330-200 widebodies for its new Level long-haul, low-cost carrier after a strong start for bookings.
New testing by the FAA’s Fire Safety Branch has shown that personal electronics devices (PEDs) packed in suitcases in the cargo hold could have dire consequences to aircraft safety if thermal runaway occurs.
Delta Air Lines will introduce a new direct daily route between Atlanta and Shanghai, China in July 2018, the Atlanta-based carrier said July 19, pending government approvals.
Taiwan’s Mandarin Airlines, which announced July 19 it was buying six ATR 72-600s, has signed a conditional letter of intent to lease three more of the Franco-Italian turboprops.
The deadline for proposals for the future of troubled Italian carrier Alitalia has passed and the airline’s administrators are regrouping to confirm the next steps.
Growth of the three major Gulf carriers has continued. But even Emirates Airline, Etihad Airways and Qatar Airways have seen clouds on the horizon over the past year.
Mexico City-based ultra-low-cost carrier (ULCC) Volaris reported a MXN519.9 million ($29 million) net loss for the 2017 second quarter, reversed from the airline’s MXN935 million net profit in 2Q 2016.
The UK government is to develop a new aviation strategy for the next three decades to 2050 and beyond, as the country prepares to exit the European Union (EU) (Brexit).
UK low-cost carrier (LCC) EasyJet’s decision to place an air operator’s certificate (AOC) in Austria, launching EasyJet Europe, has been well received in the UK.