Bogota-based Avianca Holdings SA has appointed Anko van der Werff as new CEO, effective July 15.

Portuguese wet-lease operator Hi Fly plans to grow its fleet significantly, including adding more Airbus A380s, as it anticipates a strong demand for its services to continue in the coming years.

After failing to find new investors, the main creditors of India’s Jet Airways said they will begin insolvency proceedings, likely extinguishing any hopes of rescuing the airline.

Lufthansa Group issued a profit warning for the full year, saying strength in the long-haul market was only partially offsetting pressure on yields in the European short-haul business, where the market would remain “challenging” for at least the rest of 2019.

Boeing has issued its most positive commercial market outlook yet with a forecast that calls for the delivery of 44,040 new aircraft valued at more than $6.8 trillion over the next 20 years.