International Airlines Group has reported second quarter operating profit €380 million, some €135 million better than last year. Revenue for the quarter at the group – which operates British Airways, Iberia and Vueling – was up 6.7 per cent to €5,086 million.

GOL Linhas Aereas Inteligentes SA, the largest low-cost and low-fare airline in Latin America announces its preliminary traffic figures for June 2014. Comparisons refer to June 2013, 2Q13 and 6M13.

Noble Investment Group announced the acquisition of the SpringHill Suites by Marriott Miami Airport South. The property will be the second Miami hotel in Noble's portfolio.

Air France-KLM posted a sharp increase in core profit for the second quarter and announced a 2015-2020 plan on Friday to recapture market share from low-cost rivals in Europe, helping push its shares up more than 5 percent. Air France-KLM has been cutting costs and debt as part of its three-year "Transform 2015" plan.

The total debt for fiscal 2013 of around $148 million would be repaid according to a payment plan proposed by the Venezuelan government and accepted by LATAM, the airline said on Sunday.