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Flybe sells Gatwick slots as Newquay flight moves to Heathrow

Flybe sells Gatwick slots as Newquay flight moves to Heathrow

International Airlines Group-owned Vueling will pay £4.5 million for the slots in two tranches, the first being receivable in the next few days. Flybe in 2013 sold several slots at Gatwick to easyJet for £20 million as it sought to rationalise its operations.

Lion Air flight JT610 black box located

Lion Air flight JT610 black box located

Flight JT610 crashed into the sea shortly after take-off for the short journey to Pangkal Pinang from Jakarta last year with the loss of 189 lives. The main body of the Boeing 737 MAX has yet to be found.

MAG celebrates strong 2018 across portfolio

MAG celebrates strong 2018 across portfolio

MAG, the operator of Manchester, London Stansted and East Midlands airports, finished the year on a high as December saw each airport welcome more passengers than they did in the equivalent month last year.

Virgin Atlantic and Stobart lead consortium to rescue Flybe

Virgin Atlantic and Stobart lead consortium to rescue Flybe

Regional carrier Flybe has been saved from bankruptcy by a consortium of buyers including Virgin Atlantic and Stobart Group. Forming a new company, Connect Airways, the pair will join Cyrus Capital to acquire Flybe for a total of £2.2 million.

Lufthansa Group sets new passenger record in 2018

Lufthansa Group sets new passenger record in 2018

In 2018, the airlines of the Lufthansa Group carried a total of 142 million passengers, setting a new record. With more than 1.2 million flights and a seat load factor of 81.4 per cent, the aircraft load factor was higher than ever before.

Air France to close low-cost carrier Joon

Air France to close low-cost carrier Joon

Air France has revealed it will look to close low-cost airline Joon after it failed to catch the imagination of passengers. Originally planned as a carrier for millennial travellers, its staff and aircraft will now be reintegrated into Air France proper.