Air New Zealand (ANZ) has taken delivery of its first of seven ATR 72-600 aircraft, part of a deal that included five options, worth more than $270 million.
Delta Air Lines (DL) said it canceled flights due to Hurricane Sandy, which hit the US northeast early this week, will negatively impact their October revenues by $45 million and decrease October profit by $20 million.
Swiss regional carrier Darwin Airline (F7) is looking to add new aircraft, routes and partners, building on a recent non-equity alliance with Albanian low-cost carrier Belle Air (LZ).
September brought a continued slowing of commercial aviation’s rate of traffic growth, with regions increasingly showing variations in their fortunes, according to IATA.
US Dept. of Transportation (DOT) inspector general Calvin Scovel has issued a harshly critical report on the organization managing Washington National (DCA) and Dulles (IAD) airports, citing “weaknesses … related to contracting, financial disclosure, travel, ethics and transparency.”
JAL Group (JAL) has announced a ¥99.7 billion ($1.24 billion) profit for the first half of its 2012 fiscal year, a 2.3% improvement over the same period a year ago.
Singapore Airlines (SIA) reported net income of S$168.1 million ($137.8 million) for the first half of its 2012 fiscal year started April 1, down 30% from a net profit of S$238.9 million in the prior-year period, as revenue increased 4% year-over-year to S$7.57 billion.
Atlas Air Worldwide Holdings (AAWH), parent of Atlas Air and Polar Air Cargo, posted third-quarter net income of $33.9 million, up 20.2% over a net profit of $28.2 million in the prior-year period.
Boeing and the State Corp. Russian Technologies (Rostech), a majority shareholder in the joint stock company VSMPO-AVISMA Corp., are working on an agreement to expand collaboration in titanium procurement and technology development, Boeing said in a statement.
British Airways (BA) will drop its longstanding London Gatwick – Manchester (LGW-MAN) service March 31, citing deteriorating performance on the sector.
Aeroflot (SU) has taken delivery of an Airbus A330-300, its 100 th Airbus aircraft. The aircraft is powered by Rolls-Royce Trent 700 engines and will be used on numerous routes on SU’s medium- and long-haul network. Indonesian Sky Aviation’s first Sukhoi Superjet 100 (SSJ100) aircraft has arrived at Ulyanovsk for painting and cabin outfitting at the facilities of Aviastar-SP. The Indonesian airline has ordered 12 SSJ100s.
Lufthansa Group’s new business model for its non-hub, short-haul European operations is essential to the health of the overall company and its long-haul intercontinental business, LH Group chairman and CEO Christoph Franz said.
Spanish airport operator AENA has won union agreement to cut its 15,000-strong workforce by just over 10%, with 1,600 voluntary layoffs before the end of the year. It said it would fund the redundancies from its own resources without the need to resort to additional state aid.
European Union (EU) transport ministers have agreed a general approach on proposed changes to the 1993 slot allocation rules that could make it legal for airlines to buy and sell slots.
It looks like 2013 will be a year of change for Canadian commercial aviation: Air Canada (AC) plans to launch a new low-cost leisure carrier (LCC) while rival WestJet (WJA) is inaugurating a turboprop regional subsidiary.
In September, rows of passenger seats came loose on three separate American Airlines’ Boeing 757 flights. For the airline, which this month will hit the one-year mark of its Chapter 11 bankruptcy restructuring, the incidents proved a bit too symbolic.
Chinese sovereign wealth fund China Investment Corporation (CIC) has purchased a 10% stake in Heathrow Airport Holdings (formerly BAA) through its wholly owned subsidiary Stable Investment Corp.
Abu Dhabi-based Etihad Airways (EY) has been forced to postpone the launch of flights to Addis Ababa, which were scheduled Nov. 2, until further notice.
EasyJet (U2) has been awarded rights to operate between Milan Linate (LIN) and Rome Fiumicino (FCO), bringing to an end Alitalia’s (AZ) monopoly on this key Italian route.
