Continental posted its first full-year profit since 2003 in spite of a narrow fourth-quarter loss and said the result shows its plan is actually paying off.
Mexicana de Aviacion, Mexico’s number-two airline, plans to pony up $2 billion over the next three years to increase its fleet, a spokesman said earlier this week.
Caribbean Star Airlines and LIAT have taken another step to finalizing their merger. The latest development involves the publishing of the first schedule combining the flight operations of both carriers.
Following the Department of Transportation’s (DOT) rejection of Virgin America’s operating license, the budget carrier has launched a website to garner support.
Spanish airline Air Comet Plus will operate in seven Latin American countries previously covered by the now closed down Air Madrid airline. The operation was allowed after Spanish Public Works Minister Magdalena Alvarez and Air Comet president Gerardo Diaz signed an agreement.
British Airways faces potential strike action in the coming weeks as two separate disputes between staff and management come to a head, The Times of London reported Friday.