Ariana Afghan Airlines seeking to buy six aircraft
Afghanistan’s Ariana Afghan Airlines is the market to buy six aircraft.
New Swiss airline FlyBair partners with Helvetic
A partially crowdfunded Swiss airline named “FlyBair”, to be headquartered in Switzerland’s capital Bern, says that it has partnered with regional carrier Helvetic Airways ahead of beginning service to European vacation destinations from May 2020.
Atlas Air reports $293m loss in 2019 as it writes down 747-400 fleet
Aircraft lessor and air freight company Atlas Air Worldwide Holdings reported a loss for 2019 as it wrote down parts of its fleet due to lower cargo business during the year.
Gol Q4 profit falls as Max crisis lingers
Brazil’s Gol continues to suffer from the fallout of the grounding of its seven Boeing 737 Max aircraft, reporting fourth quarter net income that was almost half of that reported for the same period in 2018.
Condor tie-up with LOT cleared by German authorities
German competition regulator Bundeskartellamt has cleared Polish firm Polska Grupa Lotnicza’s acquisition of leisure carrier Condor.
Air France-KLM studies fleet options if coronavirus impact lasts
Air France-KLM is considering how it could redeploy summer capacity to other markets where demand is stronger in the event of an extended coronavirus impact on its Chinese and broader Asian networks.
Fuel costs and cargo slump drag Air France-KLM profits down in 2019
Air France-KLM full-year operating profits slipped nearly a fifth in 2019 as higher fuel costs and a deteriorating cargo market hit its performance.
Qantas approaches future fleet with eye for competitive edge, simplification
Qantas Airways continues to evaluate a number of aircraft types, including new narrowbodies as well as Boeing’s proposed New Mid-Market Airplane (NMA).
Qatar Airways lifts IAG stake to 25%
Qatar Airways has increased its shareholding in British Airways and Iberia parent IAG from 21.4% to 25.1%.
Air Canada posts higher 2019 results, despite 737 Max grounding
Air Canada revenue and net profit rose slightly in 2019, but results were tempered by the ongoing grounding of the Boeing 737 Max aircraft and the start of the coronavirus crisis in Asia, the airline says.