Flying high: Colombian airlines
As passenger numbers grow and profits increase worldwide, the aviation industry believes Colombian airlines might offer lofty returns, though there may be some turbulence ahead. Commercial airlines posted record worldwide profits in 2016, suggesting the traditionally volatile aviation industry could be an attractive proposition for investors. According to the International Air Transport Association (IATA) 2017 […]
Norwegian flights: Airline to fly to Chicago and Austin from London Gatwick
As Chicago and Austin join Norwegian"™s expanding route network from Gatwick, the airline is challenging Virgin Atlantic in its reach of US destinations. Norwegian will fly to Chicago O"™Hare and the Texas state capital from March 2018, using the Boeing 787 Dreamliner. The airline already has existing or previously announced routes from Gatwick to eight […]
Aeromexico adds new routes to California and South Korea
Aeromexico began two new international routes at the beginning of July. The more significant was the carrier"™s four times weekly service from Mexico City (MEX) to Seoul Incheon (ICN) which launched on 2 July. The service, which involves a tech-stop at Monterrey on the outbound flight, will be flown using the airline"™s 787-8s. No other […]
Southwest Becomes Latest Airline to Reduce Flights to Cuba
Southwest Airlines Co. will join other U.S. carriers in reducing flights to Cuba, saying laws that restrict Americans from traveling to the island for tourism are constraining demand. Southwest becomes the latest airline to accept that the industry, with little way to judge demand beforehand, was too optimistic when U.S. regulators allowed passenger routes to […]
Boeing, Air Lease Corporation Announce Memorandum of Understanding for 12 737 MAXs. Agreement includes five 737 MAX 7s, seven 737 MAX 8s
Boeing (NYSE: BA) and Air Lease Corporation (NYSE: AL) announced a Memorandum of Understanding (MOU) for 12 737 MAXs at the Paris Air Show. The MOU includes five 737 MAX 7s and seven 737 MAX 8s. The agreement will be reflected on the Boeing Orders and Deliveries website once finalized. «With these additional 12 units, […]
Buoyant demand for air transport across the worlds airports in first quarter of 2017
An overall strengthening of global economic conditions and the continued drop in the cost of air transport through lower fares has helped bolster air transport demand in the first quarter of 2017. Accumulated passenger traffic grew 5.6% year-over-year for the first quarter and for the month of March. While all regions posted solid gains during […]
Ryanair wants to take Alitalia routes, not buy airline
Ryanair is ready to deploy up to 30 planes in Italy to replace capacity lost if Alitalia collapses or is restructured but does not want to buy the struggling Italian carrier, chief executive Michael O’Leary has said. Ryanair’s view mirrors the stance of rival EasyJet and Aer Lingus owner International Airlines Group. They have both […]
Interjet announces new routes between Canada and Mexico
Interjet is introducing service from Canada to Mexico this summer. Starting July 13, 2017, Interjet will fly nonstop between Montréal"™"“Pierre Elliott Trudeau International Airport and Mexico City"™s Aeropuerto Internacional Benito Juárez as well as between Montréal and Cancun International Airport. "Our unique brand of lower fares with free checked bags using our Priority fare, more […]
Peru’s first low-cost airline starts flights; challenge to LATAM Air
Viva Air became the first low-cost airline to enter Peru’s domestic market on Tuesday, posing a challenge to Santiago-based LATAM Airlines, which has long dominated the market. Viva – a unit of Irelandia Aviation, which is led by Ryanair founder Declan Ryan – will operate 11 domestic routes with a fleet of two Airbus A320 […]
IAG Cargo expands wide body offering into Latin America and North America through level
IAG Cargo today announces that IAG"™s new long-haul low cost airline brand LEVEL will join its cargo operations from June 2017. LEVEL was launched in March of this year and will be the fifth airline brand to join IAG Cargo, alongside British Airways, Iberia, Aer Lingus and Vueling. LEVEL will open up a new long-haul, […]
