China's airlines earned an aggregate net profit of CNY5.75 billion ($902.7 million) in July, down 1.7% from net income of CNY5.85 billion in the year-ago month.
News from ATW's Eco-Aviation Today: FedEx is moving closer to achieving its 2020 global citizenship goals with significant support from its 290,000 staff combined with latest technology strategic investments.
El Al Israel Airlines reported a second-quarter net loss of $19.7 million, reversed from a $14.8 million net profit in the prior-year period, as expenditures grew at nearly three times the rate of revenue.
Transaero Airlines is analyzing possible orders for the Airbus A380 and/or the Boeing 747-8, CEO Olga Pleshakova revealed at the MAKS Airshow in Russia
El Al Israel Airlines reported a second-quarter net loss of $19.7 million, reversed from a $14.8 million net profit in the prior-year period, as expenditures grew at nearly three times the rate of revenue.
Bombardier announced Tuesday that an unnamed European airline signed an order for four Q400s plus four options. The firm order is valued at approximately $126 million at list prices. Boeing delivered a 737-800 powered by CFM56-7BE engines to GOL, making the Brazilian carrier the first airline in Latin America to receive the engine type.
JetBlue Airways maintained its status as the lone US major airline with no employees represented by a union when its pilots voted this week against representation by the Air Line Pilots Assn.
Though international premium traffic in June was up 6.4% and economy traffic up 4.8% year-over-year, respectively, IATA said in its latest "Premium Traffic Monitor" that the "level and growth rates for passenger numbers … in June dropped back from the levels seen in May," likely due to slower world trade growth and weakening business confidence.
Some 20 months after achieving first flight, Boeing confirmed Wednesday it has completed "all flight tests required for type certification" on the 787-8 powered by Rolls-Royce Trent 1000 engines.
News from ATW's Eco-Aviation Today: The Assn. of Asia Pacific Airlines, which represents 17 major airlines in Asia, including Singapore Airlines and Cathay Pacific Airways, has lashed out at the UK government for its punitive taxation of air travel in the form of the air passenger duty (APD), which was initially touted by the UK as an environmental measure.
New York-based Bernstein Research said that Boeing will take up to nine months longer than planned to reach a 787 production rate of 10 units per month.
Sukhoi Civil Aircraft Co. (SCAC) and Gazprom komplekt signed a contract Wednesday at the MAKS Airshow in Russia firming an agreement of intent for 10 SuperJet 100/95LRs initially announced during the Farnborough Airshow last year.
New York-based Bernstein Research said that Boeing will take up to nine months longer than planned to reach a 787 production rate of 10 units per month.
Flydubai will launch weekly Dubai-Ahmedabad service Aug. 27. Eastern Airways will increase 11-times-weekly Southampton-Aberdeen flights to 16-times-weekly Sept. 5. Pegasus Airlines will launch thrice-weekly Istanbul Sabiha Gokcen-Donetsk Boeing 737 service Sept. 6. Frontier Airlines will start Embraer 190 flights from Kansas City to Houston (10-times-weekly) and Las Vegas (six-times-weekly) Nov. 1.
British Airways said it is launching its "biggest pilot recruitment drive in more than 10 years" with the aim of hiring 800 new flight deck crew members by 2016.
Spring Airlines received CAAC approval to launch a daily Shanghai-Beijing route in September, becoming the first privately run Chinese carrier to operate the profitable domestic business route.
Transaero Airlines confirmed Tuesday it signed an MOU with Airbus for eight A320neos, plus four options, making it the first Russian carrier to commit to the re-engined narrowbody aircraft.
News from ATW's Airports Today: The European Commission is upping the number of investigations into possible improper state aid at regional airports in the 27 member states, and last month confirmed it launched in-depth investigations at Marseille and Frankfurt Hahn.
The US's seven largest airline companies (counting Southwest Airlines and AirTran Airways as one) earned a collective net profit of $876 million for the second quarter, ATW calculated.
The Qantas Group announced the largest restructure in its history Tuesday that includes cutting routes, laying off staff, retiring aircraft and deferring deliveries in an effort to return its international division to profitability.
The US's seven largest airline companies (counting Southwest Airlines and AirTran Airways as one) earned a collective net profit of $876 million for the second quarter, ATW calculated.
BAE Systems and new aircraft asset manager Falko ( ATW Daily News, Aug. 8) signed a long-term agreement under which BAE Systems Regional Aircraft will continue to provide the full range of Total Support solutions to existing and future operators of the in-service fleet of BAe 146/Avro RJ regional jets and ATP and Jetstream family turboprops that are managed by Falko.
US Dept. of Transportation's Bureau of Transportation Statistics said the nation's largest carriers reported 14 total tarmac delays of more than 3 hr. in June, compared to three in the year-ago month and 16 in May.
