Las Vegas, Nev.-based Allegiant Travel Co. (G4) announced it will lease nine Airbus A319s from GE Capital Aviation Services (GECAS) and will lease—and eventually purchase—10 A319s from Cebu Pacific Air.
Air France-KLM (AF-KLM) incurred a second-quarter net loss of €895 million ($1.1 billion), significantly widened from a €196 million net deficit in the year-ago period.
Ireland-based low-cost carrier (LCC) Ryanair (FR) posted a €99 million ($121 million) net profit for the first quarter ended June 30, down 29% from €139 million year-over-year, largely due to a 27% rise in fuel costs.
ANA Group will increase 7X-weekly Tokyo Narita-New York JFK service to 14X-weekly Oct. 28. US Airways was awarded US DOT permanent authority to operate daily Jackson, Miss.-Washington Reagan service. It has been flying the route since March 4 under temporary authority. S7 Airlines will launch 2X-weekly Novosibirsk-Hong Kong Boeing 737-800 service Oct. 29.
China Southern Airlines (CZ) will operate an Airbus A380 on its Guangzhou-Los Angeles route from Oct.12 to accelerate its international expansion pace.
Singapore-based Tiger Airways Holding narrowed its loss after tax to S$14 million, ($11.2 million) for the second quarter, against a S$21 million loss recorded during the same period last year, the company said.
Etihad Airways (EY) anticipates an imminent expansion of its relationship with Irish flag-carrier Aer Lingus (EI), EY president and CEO James Hogan said in London Friday.
A number of countries opposing the European Union Emissions Trading Scheme (EU ETS) are due to meet again July 31, just as the EU considers intervening in the carbon market to inflate prices.
Airbus has moved the A350 XWB’s target for entry into service to the second half of 2014, a delay of about three months from the current program schedule, which was already behind the original schedule.
Airbus parent EADS reported second-quarter net income of €461 million ($562.6 million), well more than tripling a €121 million net profit in the prior-year period, as Airbus’ commercial revenue jumped 17% year-over-year to €9.09 billion.
Members of the Assn. of European Airlines (AEA) have criticized a European Commission proposal that aims to artificially inflate the cost of carbon permits traded in the European Union Emissions Trading Scheme (EU ETS).
A number of countries opposing the European Union Emissions Trading Scheme (EU ETS) are due to meet again July 31, just as the EU considers intervening in the carbon market to inflate prices.
The European Commission (EC) has approved United Technologies Corp.’s (UTC) proposed acquisition of Goodrich, but only if it sells some units, European Union antitrust regulators said Thursday.
Airbus has moved the A350’s target for entry into service to the second-half of 2014, a delay of about three months from the current program schedule, which was already behind the original schedule.
GECAS delivered one leased Airbus A320 to Chengdu Airlines. Nippon Cargo Airlines (NCA)has taken delivery of a Boeing 747-8 freighter, marking the Japanese debut for the 747-8. The new airplane is NCA’s first 747-8F. The airline operates eight 747-400Fs with two aircraft on lease with other airlines.
