- Air New Zealand H1 Profit Slumps As Domestic Growth Slows[Feb. 28, 2019]
Air New Zealand Ltd posted a 35 percent drop in half-year pre-tax profit on Thursday, hurt by softening tourism traffic and weaker domestic leisure travel.
- SF Holding Net Profits Down 4.6% in 2018[Feb. 27, 2019]
Chinese express delivery giant SF Holding Wednesday announced that its net profits for 2018 fell 4.57 percent from the previous year on rising costs and new business expansion.
- Dutch Take Stake in Air France-KLM to Counter French Influence[Feb. 27, 2019]
The Dutch government will take a stake in Air France-KLM equal to that of the French government in order to increase its influence in the carrier's operations, a move that took the French by surprise.
- Embraer Shareholders OK Sale of Commercial Jet Division to Boeing[Feb. 26, 2019]
Shareholders of Brazil's Embraer SA approved a deal on Tuesday to sell 80 percent of the company's commercial plane division to Boeing Co, enabling Boeing to compete with Airbus SE in the market for jets with up to 150 seats.
- Flybe Acquisition Completed[Feb. 25, 2019]
Connect Airways, a consortium that includes Virgin Atlantic, has completed its acquisition of U.K. regional carrier Flybe.
- Flydubai Will Return to Profit in 2019, Says CEO[Feb. 24, 2019]
Flydubai CEO is confident the Dubai carrier will return to profit this year, after rising fuel costs saw it report a US$43.5m annual loss for 2018.
- Qantas Delivers Strong First Half Result Despite Higher Fuel Bill[Feb. 21, 2019]
- Underlying Profit Before Tax: US$780 million (down US$179 million)
- Flydubai Posts US$43.5 Million Loss for 2018[Feb. 21, 2019]
flydubai announced that it saw an annual loss of US$43.5 million despite a better second half of 2018.
- Qantas Airways Expects Stronger H2 After Fuel Prices Hit Profit[Feb. 21, 2019]
Australia's Qantas Airways Ltd said on Thursday it expected a strong second half based on solid forward bookings and relief from high fuel prices which drove its first-half profit down 19 percent.
- American Air-Backed Mesa Bids for UK Regional Carrier Flybe[Feb. 20, 2019]
Flybe Group Plc said American Airlines-backed Mesa Air Group Inc. has launched a counter-bid for its business, leading the stock to more than double in price.