Russia’s UTair Group, which includes UTair airline (UT), reported a first-half profit of $8.73 million, down 63% from a $23.6 million profit in the year-ago period.
Airbus has delivered the 100 th A320 family aircraft assembled at its final assembly line in China. The A320 was delivered to Air China and will be deployed on domestic routes. Eznis Airways leased one Bombardier Q400 from Nordic Aviation Capital. GECAS opened a distribution warehouse in Singapore for its asset management services business.
Las Vegas-based Allegiant Travel Co., parent of Allegiant Air (G4), has formed a mobile technology joint venture (JV) with airline technology consultant AvIntel and mobile data product developer Lixar IT.
Ras Al Khaimah International Airport in the UAE has awarded ARINC a multi-million dollar, 10-year contract to design, supply and install passenger processing and airport operational systems.
Kingfisher Airlines (IT) on Monday declared a partial lockout and suspended all flights for the next three days. The decision came after a strike by a section of its employees made operations difficult.
ICAO has insisted the European Union Emissions Trading Scheme (EU ETS) is a regional issue despite being given a mandate to come up with a global approach to paying for aviation emissions.
Airbus said its A380 sales targets are becoming harder to reach this year because of the wing cracks issue discovered in January on in-service aircraft.
Airline passengers are quite stressed out these days. Some 44% say long wait times in airports are their biggest source of stress. Another 11% cite unexpected changes, such as a flight cancellation or gate change, as their main stress point. About 8% say the overall lack of control felt in airports creates tension. And 7% are upset by a lack of information or unclear information from airports and airlines.
Enrique Parada, who oversees LAN Airlines’ heavy maintenance operations, gazed at the carrier’s first Boeing 787 just a day after the aircraft had arrived in Santiago de Chile in early September. “We’re like a teenager,” he said.
This industry has adapted to many watershed events, products and economic forces that have led to major shifts in the way it does business. Jet engines, hub-and-spoke, global alliances, regional jets, low-cost carriers and terrorism are among some of history’s most significant game changers. The biggest challenge facing airlines today is oil. Not just high oil prices, though that’s a clear and present pain point, but the volatility of oil prices. For most airline managers, jet fuel has become not just their highest cost, but also their most unpredictable.
In the auditory field, the principal association with airlines in the mind of the public is that five-letter word "noise". However, air travel evokes enough pleasant perceptions that it has been alluded to a number of times in popular songs, although the more cynical among you may note that there has been less of this in recent years than in times past.
IATA has revised its 2012 financial forecast upward, predicting the world’s airlines will earn a $4.1 billion profit for the year compared to $3 billion forecast in June.
Kingfisher Airlines’ (IT) engineers went on strike Sunday over nonpayment of salaries. Four flights were canceled from Delhi and five others were delayed up to 30 minutes on Sunday, according to Indian news agency PTI.
Philippine Airlines (PAL) has placed a firm order with Airbus for an additional 10 A330-300s. The new order follows a deal announced in August for 44 A321s and 10 A330s under the carrier’s fleet modernization program.
Russian and Czech aviation authorities have signed a new air service agreement (ASA) and added one more designated carrier from each country on the Moscow-Prague route.
ST Aerospace established global asset services company ST Aerospace Rotables (STAR) as a wholly owned subsidiary with a paid up capital of $1.5 million. STAR will be headquartered in Singapore and will focus on rotable assets leasing, asset trading, rotables loan and exchange, and will provide support to the sector's Maintenance-By-the-Hour program.
LAN Airlines has ordered an additional 10 Aviation Partners Boeing (APB) Blended Winglet systems for Boeing 767-300ER passenger and freighter aircraft.
Southern Air Holdings, parent of Southern Air (9S), has filed Chapter 11, citing the impact of major spending cuts by the US Dept. of Defense and an uncertain economy.
Aerostar Airport Holdings (AAH) and partners Highstar Capital and Aeroportario del Sureste are seeking US Federal Aviation Administration (FAA) approval of a pending application for the 40-year lease of San Juan Luis Munoz Marin International Airport (SJU).
