Airline News

Air France-KLM Posts First-Quarter Rebound

May 4, 2016

Air France-KLM Posts First-Quarter Rebound

Air France-KLM posted a stronger-than-expected recovery in the first quarter due in part to low oil prices, but warned of geopolitical risks and airline overcapacity.


Brazil May Allow Foreign Control Of Airlines

May 4, 2016

Brazil May Allow Foreign Control Of Airlines

A Brazilian government led by Vice President Michel Temer would consider allowing foreign owners to acquire a controlling stake in local airlines, a close aide says.


Ryanair Says Brussels Attacks Dampening Demand

May 4, 2016

Ryanair Says Brussels Attacks Dampening Demand

The attacks on Brussels in March continue to dampen demand for flying in Europe, though traffic was strong during the Easter holidays, Ryanair chief executive Michael O'Leary said.


Lufthansa First Quarter Loss Narrows

May 3, 2016

Lufthansa First Quarter Loss Narrows

Pressure on ticket prices, tourist caution after attacks on European cities and cargo weakness prompted Lufthansa to cut growth plans for the year.


WestJet's Q1 Profit, Revenue Down

May 3, 2016

WestJet's Q1 Profit, Revenue Down

WestJet Airlines reported a drop in quarterly net profit, as oil-related business fell.



Mexico Competition Watchdog Approves Aeromexico-Delta JV

May 2, 2016

Mexico Competition Watchdog Approves Aeromexico-Delta JV

Mexico's federal competition commission approved Aeromexico's USD$1.5 billion joint venture with Delta Air Lines with certain conditions, Aeromexico said.


Virgin Australia Q3 Profit Up, But Cuts Capacity

May 2, 2016

Virgin Australia Q3 Profit Up, But Cuts Capacity

Virgin Australia announced underlying pre-tax profit rose 16.2 percent to AUD$18.6 million (USD$14.17 million) in the three months to March 31, but warned it will cut June quarter capacity by 5.1 percent due to weak demand combined with uncertainty about the Australian Federal election.


Air France-KLM Appoints Janaillac As CEO

May 1, 2016

Air France-KLM Appoints Janaillac As CEO

Air France-KLM's board has appointed Jean-Marc Janaillac as the airline group's new chief executive, following the resignation of Alexandre de Juniac.


United Cuts COO Hart's Pay By USD$1 Million

May 1, 2016

United Cuts COO Hart's Pay By USD$1 Million

United Airlines has cut the pay of senior executive Greg Hart in connection with an internal probe that resulted in its chief executive's resignation last year.


American Air's Parker Contract Scrapped

April 29, 2016

American Air's Parker Contract Scrapped

American Airlines terminated chief executive Douglas Parker's employment agreement on his request but said he would continue to be the chairman and CEO of the company.


IndiGo Parent Posts 53 Pct Profit Rise

April 29, 2016

IndiGo Parent Posts 53 Pct Profit Rise

IndiGo parent InterGlobe Aviation reported a 53 percent jump in full-year net profit to INR19.9 billion rupees (USD$299.9 million), helped by the rapid growth of revenue at its budget carrier.


IAG Would Consider Buying CSeries

April 29, 2016

IAG Would Consider Buying CSeries

IAG would consider adding Bombardier's CSeries to its fleet, CEO Willie Walsh said, adding that confidence in the aircraft was boosted by a recent order.


Delta Orders 37 Airbus A321s

April 29, 2016

Delta Orders 37 Airbus A321s

Delta Air Lines has ordered 37 current-generation A321 aircraft from Airbus worth USD$4.25 billion at list prices.


IAG To Slow Expansion After Brussels Attacks

April 29, 2016

IAG To Slow Expansion After Brussels Attacks

IAG said it would slow its plans to fly more routes in the short term, in response to weaker demand from high-margin passengers and a general slowdown after the Brussels attacks.


Delta Order Boosts Bombardier's CSeries

April 28, 2016

Delta Order Boosts Bombardier's CSeries

Bombardier has won an order for 75 CSeries passenger jets from Delta Air Lines, worth USD$5.6 billion at list price.