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Qantas Quickly Approaching Its Foreign Ownership Ceiling

Given the airline’s continued growth and resurgence in stockholder value, Qantas revealed that foreign owners now control 46.73 percent of its shares, just shy of its 49 percent cap on foreign ownership. Qantas, which also owns subsidiaries Jetstar Airways and Qantas Freight, has been more bullish this year on news of growing unit revenue for […]

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Silver Airways Announces Fleet Renewal Effort and Leadership Change

On Tuesday, Fort Lauderdale-based Silver Airways announced a major order for new aircraft and a changeup in leadership. The order will see a new aircraft type enter the fleet that will help to replace the airline’s fleet of aging Saab 340s. Along with the new order, Silver will partner with a major Caribbean airline to […]

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ViaAir Opens New Route for Central Texas Skiers

On July 26, ViaAir announced seasonal service between Austin, Texas to Steamboat Springs, Colorado. The new route will be operated by Embraer ERJ-145 starting on December 13 and running through April 1, 2018. The CEO of LoneStar Airport Holdings, LLC, the developer and operator of the newly opened South Terminal in Austin, Jeff Pearse stated, […]

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IAG Profits Rise Despite Challenging Environment

International Airlines Group (IAG), the multi-national airline holding company, has announced that its operating profits have risen by an incredible 37 percent to €975m in the past six months, up from €710m during the same period last year. The company, which currently owns Aer Lingus, British Airways, Iberia, Level and Vueling, has announced strong half-year […]

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Lufthansa Adds A350 to Munich – Hong Kong Route

Lufthansa has announced that it will be upgrading its Munich – Hong Kong service to an Airbus A350-900. The route will continue to be served by airline’s aging A340-600 aircraft, which is over 14 years old, until the A350 takes over in September. This will be the airline’s first Chinese destination with the A350. The […]

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Five Airlines Ink Huge Equity Deals: But What Comes After?

Over a billion dollars-worth of equity in some of the world’s biggest airlines changed hands Thursday when four companies announced one of the biggest deals to make headlines this year. Delta Air Lines, Virgin Atlantic, Air France-KLM, and China Eastern Airlines are all playing a part in the landmark agreement. Delta and China Eastern both […]

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