Icelandair is confident it can recover from “a challenging” 2018, in which the airline posted a net loss of $55.6m compared to a $37.5m profit in 2017. The challenges were partly self-inflicted, as some strategic mistakes on routing and sales…
Norwegian confirmed a change to its fleet plans on February 7, at the same time announcing a 1.451bln kroner net loss for its fiscal year 2018. This actually is an improvement over its 1.783bln kroner loss over 2017. The Norwegian…
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The German aviation scene has claimed another airline: late night on February 4 Germania filed for insolvency and stopped operations after the arrival of her last service to Neurenberg on the 5th. Germania has been unable to secure a financial…
Ryanair blames 6 percent lower fares due to excessive capacity in Europe for its Q3 FY2019 loss of €19.6m, down from a €105.6m profit the previous year. The Irish low-cost carrier expects HY2 fares to be on average 7 percent…
Qantas tries to re-shape the Australian domestic market by purchasing a 19.9% share of Alliance Airlines, the Eagle Farm (Queensland) based airline. The purchase was announced on February 1 and has caught out the Alliance board, which has sought legal…