Tag: Low Cost Carrier

WestJet Named Best Low-Cost Airline – the Americas

WestJet announced it has been recognized as Best Low-Cost Airline – The Americas for 2018 by airlineratings.com. The website rates more than 425 airlines around the globe to determine its award winners. “It is an honour to be named Best Low-Cost Airline for the whole of North and South America,” said Ed Sims, WestJet Executive […]

Ryanair Pilots to Cost Carrier an Extra €100m Per Annum

Following on from the rostering debacle, Ryanair has addressed the competitiveness of the low-cost carrier’s pilots’ pay, together with communication, career progression and basing. Michael O’Leary, the company’s CEO has claimed that the pay offered was “already slightly higher” that competitor airlines, but he admitted that response to a tightening market for experienced first officers […]

Low-Cost Market In Latin America: How Chilean Sky Airline Jumped Aboard

That took a while. The arrival of the low-cost model in Latin America has been a slow process. The reason? Well, quite a few. Long distances for starters. Culture, high aeronautical taxes and charges that impact every operator’s bottom-line and the lack of a solid competing means of transportation, within others. Mexico, Brazil and Colombia […]

New Saudi Budget Carrier Sold 10,000 Tickets In 24 Hours

Saudi Arabian Airlines’ budget subsidiary sold 10,000 tickets in the first 24 hours after tickets were made available for purchase according to CEO Kon Corfiatis. Flyadeal began operations flying its first route from Riyadh to Jeddah and bookings through October are “very solid” Corfiatis told Air Transport World earlier in the week. Flyadeal is currently […]

EasyJet Posts Strong 3Q Results And Raises FY2017 Profit Outlook

UK-based low-cost carrier (LCC) easyJet reported a strong balance sheet with net cash of £426 million ($553 million) as of June 30. As a result, easyJet raised its profit guidance and expects its pretax headline profit for the full-year to reach £380–£420 million, compared with the £365 million analysts predicted. However, the LCC warned low […]

Wizz Counts Cost Of Lease Returns

Low-cost carrier (LCC) Wizz Air has reported a 31% rise in maintenance costs, to EUR 27m, for Q1 2017/18. The Budapest-based airline says most of the rise was due to a larger fleet, which increased by 13 aircraft from the year-before period. By 2020 it expects to operate 120 Airbus narrowbodies, including A320neos and A321neos, […]

EasyJet CEO Carolyn McCall To Step Down

UK low-cost carrier easyJet has announced that Carolyn McCall will step down as CEO around the end of 2017 to lead UK television company ITV. The airline said McCall will continue with her existing responsibilities; the search for her successor is already underway. “This was a really difficult decision for me to make,” McCall said. […]

Saudi’s New Low Cost Carrier Is Getting Ready To Fly

Saudi Arabia’s newest carrier is getting ready to fly by the fourth quarter of this year. In conversations with Aviation Business, sources close to the matter have said the airline, called Flyadeal, will likely begin operating by October. Flyadeal will operate under the Saudi Airline umbrella and will operate on both domestic and international routes. […]

Ryanair Cancels Planned Ukrainian Service

Irish low-cost carrier (LCC) Ryanair has canceled flights to Ukraine it had planned to start in October. According to a Ryanair statement July 10, the decision was made “following Kiev airport’s [Boryspil] failure to honor a growth agreement reached at the Ministry of Infrastructure with airport officials and the current airport director general, Pavlo Riabikin, […]

Norwegian Celebrates Delivery of Airline’s First 737 MAX 8s

Boeing and Norwegian celebrated the delivery today of the airline’s first two 737 MAX 8s. Norwegian is the first European carrier to take delivery of the 737 MAX and will deploy the airplanes on transatlantic flights between northern Europe and the east coast of the United States. “We have been eagerly awaiting the delivery of […]