Russia’s Ministry of Industry and Trade has offered to equip Red Wings Airlines with Tupolev Tu-204 aircraft to be used on flights to Crimea after Aeroflot’s new low-cost (LCC) subsidiary Dobrolet suspended flights Aug. 4 due to sanctions imposed by the European Union.
Rapidly growing Turkish low-cost carrier (LCC) Pegasus Airlines continued to slip into the red in the first half of 2014 compared to the year-ago period.
The Rostekhnologii (Rostec) and Lithuanian Avia Solutions Group have created a joint venture, Ramport Aero, to turn Ramenskoye Airfield into a low-cost carrier (LCC) airport.
China’s Xiamen Airlines plans to launch Jiangxi Airlines in conjunction with the Jiangxi provincial government in June 2015 as it accelerates its domestic expansion pace.
Etihad Airways’ introduction of the Airbus A380 and Boeing 787 will mean major changes for its Australian network when the aircraft are delivered at the end of the year.
UK carrier Monarch Airlines is looking at staff numbers as it makes final preparations to transition from a charter airline to a scheduled low-cost carrier (LCC).
UK air navigation services provider NATS has signed an agreement with London Luton Airport to extend the current contract for provision of tower and engineering services at the airport for a further two years.
Cumulative worldwide first-half air passenger traffic has grown 4.8% year-over-year, besting 2013’s mid-year passenger growth rate of 3.2%, according to Airports Council International (ACI).
Finnair is expecting a "significant" deterioration to its full-year turnover and profitability, after posting a second-quarter net loss of €23.9 million ($32 million), reversed from a €18.1 million net profit it posted in the year-ago quarter.
Southwest Airlines is revealing where it plans to fly in Mexico through filings with the US Department of Transportation (DOT) that support—or at least do not object to—another airline’s plans in that country.
Finnair management has expressed concerns that if Russian authorities suspend trans-Siberian routes for European carriers in response to European Union sanctions, airlines could see increases in flight times, fuel consumption and cabin crew wages—which would give a competitive advantage to airlines from other regions, such as Asian carriers.
Garuda Indonesia could delay some of the fleet renewal aircraft it has on order and cut some long-haul routes following its first-half net loss of $212 million.
Inflight connectivity provider AeroMobile is expecting to sign up at least two new airlines this year and grow its installed fleet 50% within the next 12 months.
