UK-based Monarch Airlines has denied speculation that it is in financial difficulties. The airline said it anticipated announcing a “significant investment” from its main shareholders “in the coming days.”
Spanish low-cost carrier Volotea plans to increase the pace of its re-fleeting plans, which include switching from Boeing 717s to Airbus A319s in 2017, as it moves toward an all-European fleet over the next few years.
Turkish low-cost carrier (LCC) Pegasus Airlines is unlikely to be profitable this year because of the geopolitical climate in Turkey that resulted in a downturn in tourism, but the LCC expects to rebound in 2017, CEO Mehmet Nane told ATW.
UK-based ground- and cargo-handling specialist Menzies Aviation is proposing to acquire US airline services and independent fueling service provider ASIG from parent BBA Aviation for £153 million ($202 million).
Earlier in September, I wrote two blog commentaries about Delta Air Lines’ complaint against JetBlue Airways being awarded a pair of US federal employee travel routes. Delta wrote to the US General Service Administration (GSA) - which manages government operations, including travel for federal employees – complaining about route awards granted to New York-based JetBlue....More
The new IATA director general and CEO attends the ICAO Assembly in Montreal this week confident that the carbon emissions proposal that the air transport industry has forged is a good one that can be implemented....More
Aviation infrastructure shortcomings in the fast-growing Asia-Pacific region have become a dire situation, prompting IATA to warn governments in the area of the potential cost to their economies if they do not quickly address airport and airspace congestion....More