Air Transport World

Europe will use “all legal means” to defend its carriers’ rights within the transatlantic air agreement, the head of Europe’s transport ministry warned a Washington DC audience.

Alaska Air Group posted second-quarter net income of $262 million, up 36% from $193 million in the year-ago period, as the carrier said it is beginning to see the benefits of the larger network it gained with the acquisition of Virgin America.

Garuda Indonesia has released its restated financial results for 2018, adjusting the slender net profit in its initial report to a substantial loss.

Star Alliance and IT specialist NEC Corp. have signed a partnership agreement to develop a biometric data-based identification platform that will improve the travel experience for frequent flyer passengers of the alliance’s member airlines.

A new contract with MTU Maintenance for IAE V2500 overhauls has helped JetBlue Airways hit its long-term goal of cutting at least $250 million from its annual costs by 2020.

Ranked by passengers, revenue passenger kilometers and freight ton kilometers.

Airline and leasing company order reports show number of orders, value and order type.

Rankings based on net profit, net loss.

Leasing companies ranked by size and financials.

2019 World Airline Report - Aircraft fleet and on order

Five best performing in net profit, operating revenue, passengers carried, revenue per kilometer

Revenue, expenses, profit/loss and year-over-year comparisons.

Passenger counts, revenue passenger kilometers, load factor and freight ton kilometers with year-over-year comparisons.

World's airlines ranked by operating revenue, operating profit, net profit.

British Airways (BA) is resuming service to Cairo July 26 following a suspension that began July 20 for unspecified security concerns.

People can now afford to fly for the first time, thanks to the worldwide boom in LCCs.

People-July 25, 2019

Southwest Airlines has pulled its Boeing 737 MAXs through the end of the year and made several tactical changes—including route cuts and major fleet-plan modifications—to help compensate for the model’s prolonged grounding, the carrier said July 25 when announcing its second-quarter earnings.

Ultra-LCC Spirit Airlines reported second-quarter net income of $114.5 million, a nearly tenfold increase over an $11.3 million net profit in the year-ago period, driven by strong demand and ancillary revenue growth.

Despite the Boeing 737 MAX headaches and operational hiccups that American Airlines management said was triggered by both weather and a higher-than-normal number of out-of-service aircraft beyond the MAXs, the Fort Worth-based carrier posted solid 2019 second-quarter numbers.

Wizz Air made a strong start to its financial year, with a combination of firmer fares and the growing number of new-generation aircraft in its fleet, allowing the Central and Eastern European LCC to turn around its financial figures.

The Airports Authority of India (AAI) has signed a contract to use the Aireon space-based surveillance system to track aircraft in the oceanic airspace regions off Mumbai, Chennai and Kolkata, Aireon announced July 25.

Avolon posted a 26% drop in second-quarter profit to $185 million, but achieved an investment grade corporate credit rating earlier than planned, according to the Irish aircraft lessor.

Latvian carrier airBaltic has placed €200 million ($223 million) in bonds, which will be listed on the Euronext Dublin stock exchange, generating funds for the airline’s general liquidity and fleet expansion.

German leisure airline TUIfly will keep adjusting its fleet schedule as the global grounding of the Boeing 737 MAX continues, TUIfly CEO Oliver Lackmann told ATW in an exclusive interview.