Cyprus Airways may be relaunched under new ownership by the end of the year, according to the airline’s chairman, Tony Antoniou.Antoniou also confirmed that potential investors in the carrier should s...
Air France is reported to be considering a major overhaul of its medium-haul network as part of its new "Perform 2020" five-year growth plan. The market segment accounts for 40% of the airline's overa...
Ryanair CEO Michael O'Leary has stated that the Irish LCC has been talks with Israeli authorities over the possibility of the establishment of what he described as an "Israeli version of Ryanair.""We'...
Icelandic authorities have rated a seismically-active volcano to the second-highest alert level on its scale of risk to aviation.The Icelandic Meteorological Office stated that intense activity had be...
Ryanair is to allow customers to use PayPal accounts to pay for tickets. Ryanair marketing chief Kenny Jacobs said: “Partnership with the online payment service provider is the latest element of our '...
Russian media reports that Moskovia Airlines is “likely” to suspend operations with effect from September 1st.Following a surprise audit of the airline’s accounts in early July, Russia's Federal Air T...
Monarch Airlines has revealed it will cut over 1,000 jobs and ground twelve of its 42 aircraft as part of new CEO Andrew Swaffield's radical restructuring plan.After last week's announcement that the ...
UK-based spares support provider AJW Aviation has signed a seven-year PBH contract with Spanish private charter operator Privilege Style. The contract will cover the supply of spare parts for the airl...
Ilyushin Design Bureau may resume the production of its Il-114 turboprop if Moscow proceeds with plans to set up a “sanctions-busting” domestic carrier whose fleet consists only of locally made aircra...
Air Malta has appointed tourism specialist Joseph Galea as deputy CCO as part of its continuing management restructure.The appointment follows the departure of former Air Malta CEO Peter Davies, who w...
DVB Bank SE reported its H1 2014 results as lower than the same period the previous year. Consolidated net income before taxes was down 37.7%, to EUR41.4 million. At EUR105.0 million, net interest inc...
Turkish LCC Pegasus has reported its sales income rose by 33% during H1 2014, with its gross profit reaching TRY86.4 million. Revenue based on cost per available seat kilometre fell by 2% to €4.06 dow...
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