Turkish Airlines reported a TRY220.6 million ($126.4 million) consolidated net loss for the second quarter, increasing its first-half loss to TRY543.6 million.
Boeing's board of directors formally approved the launch of the re-engined 737, which the company said will burn 4% less fuel than the re-engined Airbus A320neo.
Boeing's board of directors formally approved the launch of the re-engined 737, which the company said will burn 4% less fuel than the re-engined Airbus A320neo.
Egyptair resumed service to Bagdad Aug. 27 for the first time in 21 years. MS will operate Cairo–BGD flights four times weekly. It also operates thrice weekly service between CAI and Arbil in Iraq's northern Kurdish region. FlyDubai launched its third route into India Aug. 27, a weekly Dubai–Ahmedabad service. The carrier now serves 39 destinations. It has also taken delivery of its 19 th Boeing 737-800.
Tiger Airways Holdings Ltd. appointed acting CEO Chin Yau Seng as the airline’s permanent CEO, effective Nov. 1. Chin, a former Silk Air CEO, been with the Singapore Airlines Group more than 15 years. Chin will succeed Tony Davis, who leaves the airline Nov. 1. Air Berlin appointed Marcus Puffer as manager of loyalty and partnerships Department. He will take up his post Nov. 1. Air Austral has taken delivery of the first of two Boeing 777-200LRs it has on order.
Recent market declines should not pose a material risk to the aircraft delivery outlook over the next three to four years, according to Bernstein Research.
Cathay Pacific Airways (CX) will introduce premium economy to its fleet in the second quarter next year, the airline confirmed . In a statement Monday, CEO John Slosar said the new cabin would be introduced on all of the Hong Kong carrier’s long-haul routes: Ultra-long flights to Europe and North America and medium-haul services to Australia, the Middle East and other destinations.
Aegean Airlines (A3) reported a 19.8 million euro ($28.7 million) net loss for the 2011 first half, an improvement over the 32.6 million euro deficit incurred in the year-ago period, but warned it is heading for a full-year loss as Greek economic crisis continues to bite.
Commercial Aircraft Corp. of China (COMAC) chairman Zhang Qingwei stepped down from overseeing the company that, among various projects, produces the C919 aircraft.
EasyJet deputy chairman David Michels stepped down Friday as the airline moved to avoid yet another lengthy dispute with Stelios Haji-Ioannou, the carrier’s founder and largest shareholder.
Monarch Airlines will launch thrice-weekly service to Sharm el Sheikh from London Gatwick and Manchester Nov. 30. AirTran Airways will launch twice-weekly Baltimore-Aruba service Dec. 17. Qatar Airways will postpone the launch of daily Doha-Baku-Tbilisi service from the original date of Nov. 30 to Feb. 1, "due to operational reasons," it said. Etihad Airways and S7 Airlines have expanded their codeshare agreement to include Kazan, Samara, Krasnodar and St. Petersburg.
[CORRECTED VERSION] SAS Group’s Wideroe recorded its best six months in company history, with a pre-tax profit of NOK187.2 million ($34.5 million), more than tripled from the NOK61.8 million ($11.4 million) earned in the year-ago period.
Peru’s Ministry of Transport and Communication grounded Peruvian Airlines for safety reasons Aug. 18 for 90 days, according to the Aviation Safety Network (ASN).
Virgin Australia (VA) posted a loss of A$66.6 million ($69.75 million) for its fiscal year ended June 30 compared to a profit of A$21.3 million in the year-ago period.
Flybe Nordic, the new joint venture of Flybe and Finnair, will operate 416 weekly flights on 24 regional routes in the 2011-12 winter schedule, including all former Finnish Commuter Airline (Finncomm) routes plus nine new routes, the carriers announced.
