- Irish Court Lifts Restriction on Ryanair Profit Target[Dec. 10, 2019]
An Irish court on Tuesday withdrew a ban on reporting a reference to Ryanair's profit after tax target for the airline's 2020 financial year contained in a 2018 share option scheme after the airline said the order was not needed.
- Shares in Brazil Airline Gol Rise 5%, Shares in Smiles Jump 20% after Offer[Dec. 09, 2019]
Shares in Brazil's largest domestic airline Gol Linhas Aereas Inteligentes SA and its loyalty program Smiles Fidelidade rose sharply early on Monday after Gol offered to buy out the minority shareholders in Smiles.
- Lufthansa to Sell Rest of Catering Unit LSG in 2020[Dec. 09, 2019]
Lufthansa will initiate the sale of the parts of its catering unit LSG it is not selling to Switzerland's Gategroup early next year, the German carrier said on Monday.
- Brazil Airline Gol's New Offer for Loyalty Plan Boosts Shares[Dec. 09, 2019]
Brazilian airline Gol Linhas Aereas Inteligentes SA made a fresh bid on Monday to take over its lucrative loyalty program, Smiles Fidelidade SA, lifting shares of both.
- Hong Kong Airlines Avoids Losing License over Cash Crunch[Dec. 07, 2019]
A Hong Kong air transport regulator said on Saturday it decided against suspending the license of Hong Kong Airlines, the city's second largest carrier, after it scrambled for funding.
- Italy's Atlantia Interested in Relaunch Not Rescue of Alitalia: Paper[Dec. 06, 2019]
Italy's Atlantia is still interested in supporting the relaunch, and not the rescue, of ailing carrier Alitalia, the chairman of the infrastructure group said in an interview on Friday.
- BOC Aviation Delivers Second of Ten Airbus A320Neo Aircraft to Air China[Dec. 05, 2019]
BOC Aviation Limited ("BOC Aviation" or the "Company") is pleased to announce that it has delivered the second of ten new Airbus A320NEO aircraft to Air China. This aircraft is the 100th aircraft to be delivered to Air China's Southwest Branch.
- Air France Drops Virgin Stake in Exchange for Tighter Governance[Dec. 04, 2019]
Air France-KLM said on Wednesday it had dropped plans to buy a stake in Virgin Atlantic as the two airline groups combine their transatlantic partnerships with Delta Air Lines into an expanded joint venture.
- Norwegian Air Sells Argentinian Subsidiary to JetSMART[Dec. 05, 2019]
Loss-making budget airline Norwegian Air has sold subsidiary Norwegian Air Argentina (NAA) for an undisclosed sum, with JetSMART Airlines taking control with immediate effect.
- South African Airways in Line for US$272 Million Boost As It Enters Rescue Process -Minister[Dec. 05, 2019]
South African Airways (SAA) is likely to get a 2 billion rand (US$136 million) boost from the government and another 2 billion from existing lenders as it enters rescue proceedings from Dec. 5, a minister said on Thursday.