Japanese Low-Cost Carrier, Peach Aviation, is the first Japanese airline to respond to rising tensions between Japan and South Korea. The low-cost carrier based at Kansai Airport in Osaka is suspending and reducing flights between the two neighboring countries. According to Peach, the decision to reduce services to South Korea is strategic. “We’ve taken the decision after judging the situation holistically, including the deteriorating South Korean economy and depreciation of the won,” a Peach official said in a press statement.…
Denver-based Frontier Airlines will be expanding and launching new services out of McCarran International Airport in Las Vegas this coming Fall 2019. The ultra-low-cost carrier which turned 25 on Friday announced seven new year-round destinations from its west coast focus city which will begin rolling out in early September. Furthermore,…
The Lufthansa Group on Monday announced its subsidiary airlines were the next in a long list of carriers from around the world to be adversely affected by the increasing numbers of low-cost carriers. The group announced it expected its margin on earnings before interest and taxes (EBIT) to hover between…
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…
WOW Air ceased operations recently, making it another low-cost transatlantic carrier to essentially shut its doors overnight. WOW air left thousands of passengers stranded without much recourse. Planes are scattered around airports waiting to be repossessed by lenders, including one Airbus A321 in Newark. A few years ago, fueled by…
Icelandic low-cost carrier WOW Air is announcing that it will retire nine aircraft and will begin cutting several more of its long-haul routes. The proposed fleet reduction will see the airline's fleet drop from 20 aircraft to just eleven, in which all of the carrier's Airbus A330s will no longer…
Singapore Airlines announced Thursday that its budget arm, Scoot, will take over several SilkAir routes ahead of SilkAir’s planned merger with mainline Singapore Airlines. Scoot will also be expanding its fleet with this merger, taking over 14 of SilkAir’s Boeing 737-800s. The Singaporean flag carrier has been undertaking a three-year…
Ryanair is struggling pursuit of profit and the low-cost carrier giant has warned that the full-year profit will be lower than expected. The expected profit was €1.25 billion to €1.35 billion, to a new range of €1.11 billion to €1.2 billion. Ryanair shares have slumped almost 14 percent since the…
I’m a big fan of low-cost carriers (LCC’s) in Asia. Usually, the cabins are bland and uninteresting, but the attractive buy-on-board meals and funny cartoon characters make the journey quite unique. Also for the aviation geek, the airline-branded souvenirs are much cheaper than on conventional airlines. Tigerair Taiwan is a…
Only a few weeks have passed since Flybondi's first commercial flight, on Jan. 26. Argentina's first indigenous low-cost carrier appeared as a consequence of the governmental impulse to new companies, and obtained a 15-year permission to operate 85 routes, both domestic and international. Its flight booking opening day generated a…
