SriLankan Airlines has formally joined oneworld during a ceremony at Mattala Rajapaksa International Airport (HRI), marking the first carrier from the Indian subcontinent to join an alliance.
Ryanair has agreed to purchase five additional Boeing 737-800s, adding to its current order book of 175 of the type, which it finalized at the Paris Air Show.
Norwegian Air Shuttle has warned it may shelve plans for its Irish-based international subsidiary Norwegian Air International (NAI) and postpone orders for 20 Boeing 787s if US approval for planned transatlantic operations is not granted soon.
Air France-KLM reported a net loss of €608 million ($843 million) for the quarter, slightly narrowed from the €641 million loss for the same period in 2013.
All Nippon Airways parent ANA Holdings posted net income of ¥18.8 billion ($183 million) for the 2013 financial year ended March 31, 2014, down 56.2% from ¥43.1 billion year-over-year.
US airline trade organization Airlines for America (A4A) has launched a campaign to get government taxes and fees separated from base air fares in advertisements.
Japan Airlines (JAL) reported net income of ¥166.2 billion ($1.62 billion) for the financial year to March 31, 2014, down 5.4% from net income of ¥171.6 billion year-over-year.
Embraer posted a first-quarter net profit of $110 million, more than tripling net income of $30 million in the year-ago period, on a 13.8% year-over-year rise in revenue to $1.24 billion.
Air Canada is the first non-US carrier to participate in the US Transportation Security Administration (TSA) Pre-Check program, which expedites screening for approved passengers.
Lufthansa has taken a €70 million ($97 million) hit from several strikes in Germany this year, outgoing Lufthansa chairman and CEO Christoph Franz said at his last AGM on Tuesday.
There is peace, if not necessarily love, among the factions that have spent the last two years warring over IATA’s New Distribution Capability (NDC), which aims to provide a framework for facilitating airline merchandising through third-party distributors.
A joint declaration signed by the European Union and the Association of South East Asian Nations (ASEAN) has given the European Commission a green light to secure a mandate for negotiating a comprehensive air transport agreement between the two regions. The declaration was signed in February at the end of a two-day EU-ASEAN Aviation Summit in Singapore, aimed at fostering more and better direct air services between the two trading blocs.
As commercial aircraft lessors’ influence in the global airline market continues to rise, leasing companies are not being shy about telling Airbus and Boeing what they want and when they want it.
