Cathay Pacific Airways has filed a formal objection to the application for an air transport operating license by Qantas low-cost subsidiary Jetstar Hong Kong on the grounds it is not a Hong Kong-based airline.
LOT Polish Airlines has deferred its second tranche of public aid and detailed plans to cut a series of routes as part of its bid to achieve sustained profitability by 2015.
Weak European market conditions mean that Ryanair is now expecting to hit the lower end of its €570-€600 million ($751-$791 million) full-year net profit guidance.
SAS Scandinavian Airlines reported third-quarter net profits of SKr844 million ($129.5 million), a 58.1% improvement over a net profit of SKr534 million in the year-ago period when it feared bankruptcy.
Oslo-based low-cost carrier Norwegian Air Shuttle will establish a fully owned asset management company, which will be incorporated under the laws of Ireland and will have the US dollar as its functional currency.
Southwest Airlines has reached a tentative collective bargaining agreement with flight attendants of AirTran Airways, a wholly owned subsidiary of Southwest Airlines.