Central and Eastern Europe low-cost carrier (LCC) Wizz Air recorded a 50.4% jump in net income for the first three months of its financial year, which runs from March 31-June 30, 2017.
Ultra-low-cost carrier (ULCC) Spirit Airlines expects to record higher-than-anticipated second-quarter unit revenue but a smaller capacity increase, largely because of “pilot-related flight cancellations,” the airline said July 17.
Delta Air Lines is boosting its recently launched Seattle, Washington-Austin, Texas service with a morning flight, its second daily departure on the route, from Oct. 1, the Atlanta-based carrier said July 18.
FAA made several of its largest airport improvement program (AIP) grants yet in its 2017 award season July 17, releasing $290.6 million in funds to 105 US airports, the US Department of Transportation (DOT) said.
Saudi Arabia’s Jeddah King Abdulaziz and Riyadh King Khalid international airports have been removed from the list of airports banning large personal electronic devices (PEDs) of US-bound passengers, according to a Saudi Arabian Airlines (Saudia) statement July 19.
United Airlines posted an $818 million net profit for the second quarter of 2017, a 39.1% increase over the Chicago-based airline’s $588 million net income in 2Q 2016.
An attempt to re-create Irish low-cost carrier Ryanair’s model in another market would be “one of the greatest mistakes we could make,” according to Ryanair CEO Michael O’Leary.
In the never-ending, will-it-ever-happen saga that is London Heathrow’s third runway, new options have come forward that claim the project could be built for a third less than the £18 billion ($23 billion) price tag currently proposed by the airport.
Russia’s Ilyushin Finance Co. (IFC) signed a letter of intent with VIM Airlines to lease 15 Irkut MC-21-300s on July 18 at the MAKS Air Show in Moscow.
FedEx’s Netherlands-based subsidiary TNT Express continues to experience residual effects from the June 28 “Petya” cyberattack, with the financial impact of the incident “likely [to] be material,” the company said.
Thai Airways International will launch 4X-weekly Bangkok Suvarnabhumi-Vienna services Nov. 16, using a Boeing 777-200ER, with 30 seats in business and 262 in economy class.
Ethiopian Airlines plans to launch 3X-weekly Addis Ababa Bole International Airport-Kaduna (Nigeria) services Aug. 1, despite the economic challenges for the Addis Ababa-based carrier.
The Lufthansa Group increased its profit forecast for 2017 as first-half preliminary figures showed adjusted earnings before interest and taxes (EBIT) more than doubled to €1.04 billion ($1.2 billion) from €529 million in the year-ago period.
Russia’s United Engine Corp. (UEC) is preparing the turboprop engine TV7-117ST for flight tests, which will be performed with the Il-76LL flying laboratory. The laboratory was presented on the first day of the MAKS Air Show in Moscow.
Delta Air Lines will launch daily Los Angeles-Mexico City service from Dec. 1, complementing its transborder joint-venture partner Aeromexico’s existing 6X-daily roundtrip service.
Halifax-based Chorus Aviation Capital (CAC), the leasing arm of Chorus Aviation, will acquire two Embraer E190s with attached leases, the company said June 17, bringing in the first Embraer aircraft to the CAC portfolio.
Low-cost carrier (LCC) Norwegian has performed its first commercial transatlantic flights using the Boeing 737 MAX, with two aircraft now in revenue service.
The Civil Aviation Authority of Singapore (CAAS) and the European Aviation Safety Agency (EASA) have signed a “working arrangement on airworthiness certification” (WA-AC), agreeing to recognize one another’s certifications.
