Finnair (AY) has reported a third-quarter net income of €50.8 million ($65.9 million), up more than 200% from a €1.9 million profit reported in the year-ago period.
Aeromexico (AM) has announced record third-quarter revenues of MXP $10.5 billion ($807.8 million), a 10.1% increase, although net income of MXP $423 million was down from MXP $615 for the same period last year.
Sonny Ramdeo, founder and CEO of Guyana’s EZjet, has resigned following a suit from his former employer Promise Healthcare alleging the embezzlement of funds.
Several international travel associations are questioning the transparency of IATA’s new distribution capability (NDC) project, the focus of last week’s World Passenger Symposium in Abu Dhabi.
US FAA is proposing a $354,500 civil penalty against Phoenix-based US Airways (US) for allegedly operating a Boeing 757 on 916 flights when it was not in compliance with federal aviation regulations.
Emirates will increase 2X-daily Dubai-Manila 777-300ER service to 3X-daily Jan. 2. Lufthansa will operate weekly Dusseldorf-Cardiff service May 4-Oct. 5, 2013. Monarch launched weekly Birmingham-Sharm El Sheikh, increasing to 2X-weekly Oct. 30.
Norwegian Air Shuttle (DY) reported a pre-tax profit of NOK873 million ($152 million) for the third quarter, up 27.3% from the NOK686 million earned on a similar basis in prior-year quarter. This was, the airline said in a statement, its “best ever” result.
Alaska Air Group, parent of Alaska Airlines (AS) and Horizon Air (QX), more than doubled its net income year-over-year, earning $163.4 million in the third quarter versus net income of $77.5 million in the 2011 third quarter.
Air Canada (AC) and United Continental Holdings have reached an agreement with Canada’s Competition Bureau that should enable the AC/United Airlines (UA) Canada-US transborder joint venture to go forward with some carve outs.
United Continental Holdings (UCH) posted third-quarter net income of $6 million, down 99.1% from a net profit of $653 million in the prior-year period, though it pointed out that the results are affected by $514 million in special charges related to the ongoing integration of United Airlines (UA) and Continental Airlines (CO).
Rolls-Royce secured a $2.6 billion order, at list prices, from Singapore Airlines (SIA) for Trent engines to power the order announced Wednesday for 20 Airbus A350-900s and five Airbus A380s.
Las Vegas-based Allegiant Travel Company, the parent of low-cost leisure carrier Allegiant Air (G4), reported third-quarter net income of $16.9 million, up 78% from a $9.5 million profit in the year-ago period.
The UK Civil Aviation Authority (CAA) has granted approval to British Airways (BA) and easyJet (U2) to operate service between London and Moscow Domodedovo under bilateral agreements with the Russian government.
PT Garuda Maintenance Facility Aero Asia signed a ConsumableCare agreement with PDQ Airspares in support of its Airbus A320 line and heavy maintenance programs. CFM International and Lufthansa Technik have signed a cooperation agreement for the support of CFM56 engines. Under the deal, the companies will cooperate on the development of component repairs, overhaul technology and other technical areas.
Wizz Air (W6) has begun charging €10 ($13) for hand luggage larger than 42x32x25 cm., becoming the first European carrier to charge passengers for onboard bags.
American Airlines (AA) said next year it will launch several new international services, including daily Dallas/Fort Worth (DFW)-Seoul Incheon Boeing 777-200 flights starting May 9.
Embraer reported third-quarter net income of $65.2 million, up 15% compared to the prior-year period, on revenues of $1.4 billion, up from $1.3 billion in the 2011 September quarter.
The European Court of Justice has upheld its earlier ruling that passengers whose flights have been subject to long delay are entitled to compensation.
