Fourth-quarter and full-year 2015 results, which most carriers begin reporting this week, should reveal that the US airline industry will once again lead the world in terms of revenues and profits, Wall Street analysts and a credit-ratings agency believe.
Norwegian’s British subsidiary, Norwegian UK (NUK), is batting aside claims by its critics that it needs to supply more information to the US Department of Transportation (DOT) in order to obtain a foreign air carrier permit.
The US government has approved the liberalized US-Mexico air services agreement, but the Mexican Senate must ratify it before it can go into effect, a top US Department of Transportation official has said.
The US Department of Transportation (DOT) has granted American Airlines a 60-day extension for its Los Angeles-Tokyo Haneda service, and has taken the unusual step of naming Hawaiian Airlines’ proposed Kona-Haneda route as a back-up if American does not fulfill the terms of the initial award.
Panama flag carrier Copa Airlines plans to stick to its model of connecting the Americas and will not expand its fleet to include widebody aircraft capable of serving Europe, CEO Pedro Heilbron said at the International Society of Transport Aircraft Trading (ISTAT) Latin America Forum.
Azul Linhas Aereas is more insulated from Brazil’s sputtering economy than its competitors in the country, in part because of the large number of Embraer aircraft in its fleet, CFO John Rodgerson said at the International Society of Transport Aircraft Trading (ISTAT) Latin America Forum.