London-based investment company Greybull Capital has been named as the lead bidder for Monarch Holdings, the parent of UK leisure carrier Monarch Airlines.
Dallas/Fort Worth International Airport (DFW) is lobbying American Airlines to add service to Beijing, an airport executive said in an interview at World Routes 2014.
Emirates Airline and Etihad Airways have reportedly halted flights to Sana’a International Airport, the capital of Yemen, because of heavy fighting between Shiite rebels and Sunni militia, the United Arab Emirates-based daily, the National, reported.
Korean low-cost carrier (LCC) Jin Air has solidified plans to begin long-haul daily operations to the Pacific Island destination of Guam, following a spate of summer-only schedules to China.
Singapore-based low-cost carrier (LCC) Scoot is looking to expand and consolidate its route network in the fourth quarter of 2015 as it phases out its Boeing 777-200ER fleet with new 787 aircraft.
Canadian leisure carrier Air Transat will take two Boeing 737-700s and two -800s on seasonal lease from Europe Airpost in France and Czech Republic-based Travel Service Airlines.
Bangkok Airways has filed a submission to the Thai Securities and Exchange Commission (SEC) for an initial public offering (IPO) of just under 25% of the company, aimed at generating additional funds for fleet renovation and infrastructure upgrades.
Combined international premium and economy passenger traffic slumped for a second month in July as year-over-year growth stalled at 2.6%, according to IATA’s July Premium Traffic Monitor.
Speaking to a Washington DC audience in September, American Airlines chairman and CEO Doug Parker noted a dichotomy with which US airlines are battling. “The industry is doing better than it ever has done and it feels like everything is going better until you come to Washington DC. Here in our nation’s capital it often feels like the opposite. We are over-taxed, over-regulated and under-served,” Parker said.
Fast-growing Ethiopian Airlines announced an order Saturday for 20 Boeing 737 MAX 8s plus 15 options and purchase rights in a deal worth more than $2.1 billion at list prices.
International Airlines Group (IAG) has firmed up eight Airbus A330-200 options for Iberia, valued at $1.5 billion at list prices, and taken options on a further 10 A330s for the group.
Swiss International Air Lines will terminate its collective labor agreement (CLA) with the Aeropers pilot union at the end of November 2016 following the failure of the latest round of talks.
Russia’s Aeroflot has registered a new low-cost carrier (LCC) subsidiary called Byudzhetny Perevozchik, which directly translates as “Budget Carrier,” after European sanctions forced it to close its Dobrolet startup.
American Airlines president Scott Kirby said a “huge silver lining” of the US Department of Justice’s (DOJ) antitrust lawsuit opposing the American-US Airways merger was that it brought executives from the two carriers together to battle “a common foe.”
Emirates Airline president Tim Clark, who has been an integral part of the Dubai-based carrier’s executive management since its 1985 launch, hinted that there will be a time in the not-too-distant future when he will give up the reigns of the fast-growing airline.
A biofuel producer that will provide jet fuel to Cathay Pacific Airways is one of three companies to receive funding from the US government as it moves to kick-start large-scale production of drop-in biofuel alternatives for jet and ship fuel for military and commercial customers.