Lufthansa Group reported a first-half 2010 net loss of €104 million ($135.2 million), narrowed from a €178 million deficit in the year-ago period, but noted that it was profitable on an operating basis during the second quarter.
LOT Polish Airlines told ATW this week that it is making every effort to return to profitability. "The situation within the company is very difficult but improving,” President Sebastian Miskosz said in Warsaw.
The inability to recover the flight data and cockpit voice recorders from AF447 is causing the aviation industry to take a look at streaming data from aircraft in flight.
By now it should be clear to all involved that when it comes to transportation, lawmakers and regulatory authorities in the US and EU maintain a glaring double standard—to the disadvantage of airlines.
Includes: Top 20 Airlines World Airline Traffic Jet Fuel Prices World Airport Traffic IATA Fuel Prices Exchange Rates Aircraft Data Aircraft Values Aircraft Deliveries US Major and National Airline Traffic US Ontime Performance U.S. Fuel Cost and Consumption US Mishandled Baggage US Consumer Complaints
AJW Aviationexpanded its power-by-the-hour contract with Danish carrier Jet Time to include a seventh 737-400. GECASyesterday announced the delivery of one new 737-800 to Japan Airlines under a sale and leaseback transaction.
Alaska Airlines and its Horizon Air regional affiliate entered into a codeshare agreement with Icelandair under which the latter will place its code "on select Alaska and Horizon flights," the carriers said. Agreement also includes a reciprocal frequent flier partnership to be launched this fall.
TAM, the largest Airbus operator in Latin America, finalized an MOU for 20 A320 family aircraft and five A350-900s announced at the ILA Berlin Air Show in June. TAM's A350s will be powered by Trent XWBs; engine selection for the A320s was not announced ( ATW Daily News, June 9).
Hawaiian Airlines’ parent Hawaiian Holdings recorded a sharp drop in second-quarter net income, though it still remained in the black with a $9 million profit that compared to the year-ago period's $27.5 million in net income. CEO Mark Dunkerley said the results were “in line” with what HA had expected. “The second quarter was an eventful period as we successfully introduced our first and second A330s into revenue service in June," he said.
IATA reported that world scheduled airline passenger traffic (RPKs) rose 11.9% in June compared to the same month last year, while cargo traffic (FTKs) showed a 26.5% improvement year over year. “The industry continues to recover faster than expected, but with sharp regional differences. Europe is recovering at half the speed of Asia,” said DG and CEO Giovanni Bisignani. Global passenger capacity (ASKs) rose 5.9% compared to June 2009, and passenger load factor was 79.5%.
EasyJet posted a 5.3% rise in revenue to £759.2 million ($1.2 million) on a 3.5% increase in passengers carried to 12.3 million for its fiscal third quarter ended June 30.
An A321 operated by Pakistan's privately owned Airblue crashed on approach to Islamabad from Karachi at approximately 9:45 a.m. local time Wednesday. All 146 passengers and six crewmembers were killed when the aircraft went down in the Margalla Hills around 15 km. from Islamabad International Airport, according to multiple press reports. A statement on the airline's website described the weather as "poor...with thick fog." Flight ED202 departed Karachi around 7:45 a.m. local time for the approximately two-hr. trip.
Boeing reported second quarter net income of $787 million, down 21% from $998 million in the year-ago period, and expressed optimism regarding potential revenue growth in 2011 even as it repeated its warning that planned first delivery of the 787 to ANA in the fourth quarter may be delayed by "a few weeks."
LAN Airlines posted second-quarter net income of $60.6 million, significantly widened from a $4.2 million profit in the year-ago period, and credited "a strong recovery in both the cargo and passenger businesses" for the earnings growth.
Jetscape leased one E-175LR to Royal Jordanian for eight years beginning in October. Curtiss-Wright Controls said it will provide the flap track assembly for the outboard and inboard flap system on 737-800s under a contract with Boeing Commercial Airplanes. The assemblies will be manufactured at Curtiss-Wright's facility in Shelby, N.C. beginning in 2012.
