News

Softening demand in both business and leisure markets is projected to send Virgin Australia’s accounts into the red. In an investor update delivered to the markets on May 17, the Australian carrier announced estimated earnings in 2019 at least A$100 million lower (69 million U.S. dollars) than the A$64.4 million reported for the 2018 financial […]

El Al, the national airline of Israel, has announced that it will begin seasonal service between Tel Aviv and Las Vegas. The seasonal service will begin on June 14 and will be operated weekly through April. The flight will be the first flight between Las Vegas and the Middle East and will be operated by […]

On Thursday, Air Canada announced that it has commenced exclusive talks with fellow Quebec-based Transat A.T. Inc., owner of Air Transat, for a full takeover of the Canadian leisure carrier. The publically proposed transaction is valued at approximately $387.5 million or $13.00 per share, a 23 percent premium to the stock price at the end […]

A comeback for Jet Airways looks even more unlikely as two of the carrier’s top executives announced their resignations on Tuesday. First, chief executive Vinay Dube resigned citing personal reasons. Then, chief financial officer and deputy chief executive Amit Agarwal announced his resignation citing personal reasons as well. The resignations, while not surprising, further hinders […]

Air India announced that they will offer a 40 percent discount three hours before departure. The state-owned carrier said that customers can buy the discounted domestic tickets from all outlets which include Air India’s website, mobile app and booking counters. Air India is facing stiff competition with low-cost carriers’ competitive ticket prices, high fuel costs […]

IAG (International Airlines Group), the parent company of Europe’s British Airways, Iberia, Vueling and Aer Lingus, on Friday reported a $152 million profit for the first quarter of 2019. Though the result is down in comparison to 2018, it is seen as a positive result considering the group’s competitors, AirFrance-KLM, Lufthansa and easyJet have all […]

China Airlines has chosen the Airbus A321neo for its future regional narrowbody operations. The Taiwanese carrier will lease 14 A321neo aircraft that are scheduled to enter service in 2021. Furthermore, the airline will have the option to negotiate for an additional 11 firm and five option aircraft orders once the lease begins. The introduction of […]

U.S. investment firm Cartesian Capital Group has injected $50 million into Latin American low-cost carrier Viva Air, a subsidiary of low-cost developer Irelandia with bases in Colombia and Peru. The investment will help Irelandia’s Latin American venture finance its fierce regional expansion plans, including setting up a base in a third country by 2020, as […]

South Korea-based Asiana has announced that it will stop offering first class service in September. Also, the beleaguered carrier will terminate service to the Indian city of New Delhi and the Russian city of Khabarovsk and Juschno-Sachalinsk in July. Earlier, their arch-rival, Korean Air, announced that they will also cancel first class offerings to 27 […]

Delta has decided to take the first step towards providing free internet connection onboard its aircraft by setting up an “initial, limited test” on 55 domestic routes every day, starting on May 13. In the never-ending quest to improve in-flight customer experience one of the hottest battlefields is represented by internet connectivity. While most carriers […]