Lufthansa Group plans to focus its future growth on its hubs in Munich, Vienna and Zurich while pulling capacity out of Frankfurt for the time being, CEO Carsten Spohr told the company’s annual shareholder meeting on May 8....More
Ethiopian Airlines placed a follow-on order for 10 Bombardier Q400s, plus purchase rights for five additional Q400 turboprops, the Star Alliance member said....More
May 8, 2018
Article
Aviation Daily
Rising fuel costs combined with a planned ramp up in capital expenditures put dents in most of WestJet’s key first-quarter income metrics, and the carrier is responding by fast-tracking a cost-reduction initiative....More
Aeromexico’s capacity adjustments to offset weakness in its home market appear to be paying off, as the carrier boosted domestic RPKs and load factor in April, even as it continued to trim capacity....More
EasyJet is continuing its expansion out of Berlin, which has become a focus city for the UK LCC, and is part of its strategy to hold dominant market shares in the large European cities where it has bases....More
May 8, 2018
Article
Aviation Daily
Air Connection Express—a consortium of Angolan airlines, airport oversight and operations entities—has firmed an order for six Q400 turboprops from Canadian manufacturer Bombardier, valued at approximately $198 million at list prices....More
United Parcel Service (UPS) saw first-quarter net income rise 15% year-over-year (YOY) on the strength of its massive U.S. domestic network, helping offset headwinds, including weather disruptions, that cost the company a chunk of profit....More
Industry Data
May 9, 2018
Article
Aviation Daily
View the Leisure And Discounted Average Business Fares: Week Of April 30 chart in PDF format....More