Scandinavian LCC Norwegian has announced plans to raise NOK3 billion ($353 million) through a rights issue in an attempt to increase liquidity in the absence of a strategic investor.
Japan’s All Nippon Airways (ANA) reported a profit decline for the nine months through Dec. 31, 2018, although it cited an improvement in the December quarter as a positive sign.
All Nippon Airways (ANA) Holdings has revealed some major investment moves, as it confirmed the purchase of a 9.5% strategic stake in Philippine Airlines (PAL) and placed an order for 38 narrowbody aircraft from Airbus and Boeing.
Delta Air Lines has postponed entry into service of its new Airbus A220-100s because FAA approvals were held up by the 35-day shutdown of US government agencies.
UK regional carrier Flybe has voiced the board’s “full confidence” in chairman Simon Laffin, after key shareholder Hosking Partners demanded Laffin’s removal and a probe into Flybe’s sale process.
The AirAsia family of airlines, consisting of AirAsia Berhad, Thai AirAsia, AirAsia India and AirAsia Japan all saw strong growth in fourth-quarter (4Q) 2018, as well as full-year 2018, ended Dec. 31.
Airbus is offering the A330-900 widebody with a 285-min. extended range operations (ETOPS) capability following certification by the European Aviation Safety Agency (EASA).
Germany’s Munich Airport is set to continue its hub development as Lufthansa plans to use the airport as its hub for flights to Asia, airport president and CEO Michael Kerkloh said.
Responding to growth in the Asian travel and mobility digitalization market, the Lufthansa Group opened a Lufthansa Innovation Hub (LIH) office Jan. 28 in Singapore, its first outside Berlin.
Amid preparations for the rollout and first flight of the 777-9, Boeing has unveiled the first details of the all-new interior design for the 777X, which is scheduled to enter service in 2020.
The US aviation industry welcomed news that Congress and the White House have struck an agreement to reopen the government for three weeks, while expressing disappointment that the temporary truce won’t be enough to provide stability to government workers who have gone over a month without receiving their paychecks.
Russia’s S7 Airlines will launch five new destinations from St. Petersburg Pulkovo International Airport for the IATA 2019 summer schedule, airport said.
The FAA on Jan. 25 ordered a ground delay for flights destined for New York LaGuardia Airport (LGA) because of an uptick in air traffic controllers calling in sick at a distant enroute center, apparently because of the US government shutdown.
Vienna International Airport (VIE) saw a record number of passengers in 2018 and anticipates further growth this year as airline traffic, particularly in the LCC market, increases at the airport.
The growth of commercial aviation in Europe is leading to increases in emissions and noise, despite improvements in engine and aerodynamic technologies, according to a new European Union (EU) report.
