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Flybe Bombardier Q400

IAG sells remaining Flybe shares 

International Airlines Group (IAG)—the parent of British Airways (BA), Iberia and Vueling—has sold its shares in UK regional carrier Flybe.

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  • Finnair A330-300
    Jun 24, 2014
    Article

    Finnair proceeds with cabin crew outsourcing

    Finnair will outsource its cabin crew on approximately 20 long- and short-haul routes over the next two years, leading to job cuts, after union talks failed to hit its €18 million ($24 million) cost-cutting target....More
  • Flybe Bombardier Q400
    Jun 24, 2014
    Article
    ATW Plus

    IAG sells remaining Flybe shares  

    International Airlines Group (IAG)—the parent of British Airways (BA), Iberia and Vueling—has sold its shares in UK regional carrier Flybe....More
  • Jun 24, 2014
    Article

    CAAC approves Longjiang Airlines launch

    The Civil Aviation Administration of China (CAAC) has approved the launch of Longjiang Airlines in Northeast China....More
  • Icelandair Boeing 757-200
    Jun 23, 2014
    Article

    Icelandair lowers EBITDA forecast for 2014

    Icelandair has downgraded its EBITDA forecast from $140-$145 million to $138-$143 million for the year following May’s industrial action by its pilots....More
  • Air Mauritius A330-200
    Jun 23, 2014
    Article
    ATW Plus

    Air Mauritius moves back into black  

    Air Mauritius has posted a net profit of €7.3 million ($9.9 million) for the year ended March 31, reversing a loss of €3.6 million in the previous 12 months....More
  • Ryanair 737-800
    Jun 23, 2014
    Article

    Ryanair mulls AENA stake 1

    Irish low-cost carrier (LCC) Ryanair is considering participating in an initial public offering (IPO) by Spanish national airport and air navigation services provider AENA....More
  • Jun 20, 2014
    Article

    Zimbabwe LCC flyafrica set to launch in July

    African low-cost carrier (LCC) Zimbabwe flyafrica.com is set to launch July 16 with flights from Victoria Falls to Johannesburg....More
  • Virgin America A320
    Jun 20, 2014
    Article

    Virgin America posts $22.4 million 1Q net loss

    Virgin America incurred a first-quarter net loss of $22.4 million, narrowed from a net deficit of $46.4 million in the 2013 March quarter, on a 4% rise in revenue to $313.4 million....More
  • FedEx MD-11F
    Jun 20, 2014
    Article

    FedEx annual net profit tops $2 billion

    FedEx earned net income of $2.08 billion for its fiscal year ended May 31, up 34% over a net profit of $1.56 billion for the previous fiscal year, on a 3% rise in revenue to $45.57 billion....More
  • Jun 20, 2014
    Article
    ATW Plus

    Chinese carriers narrow net losses in May  

    Chinese carriers have reported a collective net loss of CNY500 million ($81.2 million) in May, narrowed from a net loss of CNY641 million in the same period last year....More
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