Ft. Lauderdale, Fla.-based low-cost carrier (LCC) Spirit Airlines (NK) more than doubled a $16.9 million net profit in the 2011 June quarter with $34.6 million in net income for this year’s second quarter.
Recently it's been disclosed by several sources that Anheuser-Busch has applied for trademarks using the three-letter codes for 42 U.S. locations. While nothing definitive has been announced yet, a likely possibility is that you may be able to buy locally-themed/branded beer at your favorite airport, in addition to the brewer's flagship Budweiser brand (known colloquially as "Bud" for non-U.S. readers).
OpenTravel Alliance to host event for travel startups Farelogix to sell merchandising system as stand-alone Travelport launches revised version of Agencia DOT imposes first fine under price advertising rule Datalex powers SITA’s updated Horizon E-Commerce platform In Focus: Amadeus moves to get Europe’s rail companies on board World news briefing
Airlines’ ancillary revenue grew to $22.6 billion (€18.23billion) in 2011, up from $21.46 billion (€15.11 billion) the previous year, according to the Amadeus Review of Ancillary Revenue Results for 2011, researched by IdeaWorksCompany. The report also found airline strategies evolving from the quick “money- grab mentality” that marked their earlier efforts.
The US Transportation Security Administration has announced plans for the second phase of the industry’s Known Crewmember (KCM) initiative, which offers expedited security screening to verified flight attendants employed by US-based airlines.
MTU Maintenance Canada has opened a new accessory repair center in Vancouver. The 35,000 sq ft building is leased from Vancouver Airport Authority and has been modified for MTU use, and will include a new fuel control test stand. FL Technics signed an indefinite-term line maintenance agreement with Ural Airlines to provide comprehensive line support for the carrier’s entire fleet of Airbus A320s and A321s in Krasnodar, Russia.
Jazz Aviation LP has reached a tentative labor contract with its maintenance and engineering employees represented by the Canadian Auto Workers (CAW) Local 2002.
Lufthansa subsidiary Austrian Airlines (OS) is making progress with its cost reduction program that is targeting cost reductions of €223 million ($271 million) this year, but warns there are still challenges ahead.
Rolls-Royce confirmed that a component on Trent 1000-powered Boeing 787s “is being replaced in a number of engines,” affecting some All Nippon Airways (ANA) Dreamliners in service.
Vladivostok International Airport (VVO) in the Russian Far East from Monday has transferred flights from the old Terminal B to the recently opened Terminal A.
Uruguay's government-owned Pluna Lineas Aereas Uruguayas (PU), which suspended operations July 3, will auction off its fleet of seven Bombardier CRJs and route rights within 60 days.
Avolon took delivery of the first of 12 direct-order Boeing 737-800 aircraft, the first of four to be placed on lease to Japan Airlines. Air Lease Corp. will lease 12 new Boeing 737-800s, four new Airbus A320-200s, and two new A321-200s to China Southern on 12-year lease terms. GECAS has delivered three new Airbus A320 aircraft to Airphil Express.
Luxair’s (LG) future remains unclear after the state of Luxemburg bought a 12.09% stake from Swiss forwarding and logistics specialist Panalpina for an undisclosed sum last week.
Sweden and Denmark combined their air navigation services earlier this month through the jointly owned company Nordic Unified Air Traffic Control (NUAC).
Korean Air (KE) incurred a KRW159 billion ($140 million) net loss in the second quarter, reversed from a KRW21 billion net profit in the year-ago period.
Evergreen International Airlines has taken delivery of the 50th 747-400 Boeing Converted Freighter (BCF). The airplane is the first to enter the Evergreen fleet and the 40th conversion completed by Taikoo Aircraft Engineering. AD Aerospace has signed a letter of intent with Shanghai Aero Measurement Controlling Research Institute for the supply of security and safety video camera systems for the COMAC 919 aircraft.
