Singapore-based lessor BOC Aviation has delivered a Boeing 777-300ER to Air China, the first in a batch of five aircraft leased to the carrier under a purchase-and-leaseback arrangement first announced in October.
Istanbul-based Turkish Airlines reported a nine-month 2016 net loss of $463 million, reversed from a net profit of $877 million in the year-ago period.
China’s Hainan Airlines reported a third-quarter net profit of CNY1.7 billion ($251 million), nearly doubled from a net income of CNY887.3 million in the year-ago quarter.
Ethiopian Airlines is in talks over possible joint ventures in a number of African countries, including Botswana, Mozambique, Democratic Republic of Congo (DRC), Republic of the Congo, Rwanda, Uganda, Zambia and Zimbabwe.
International Airlines Group (IAG) CEO Willie Walsh, speaking in Washington DC Nov. 9 at the International Aviation Club, congratulated President-elect Donald Trump on his election victory and urged the US government and the aviation industry to support a new US-UK Open Skies agreement modeled on the existing US-European Union (EU) Open Skies agreement.
Halifax-based Chorus Aviation, the parent company of Canadian regional airline Jazz Aviation, reported a third-quarter net profit of C$20.1 million ($15.3 million), more than tripling the company’s C$6.3 million net profit in 3Q 2015.
Ethiopian Airlines aims to decide on a 100-seat aircraft order before the end of 2016 and is still considering the Boeing 777X in preparation for a possible order in 2017.
Dubai-based Emirates Airline recorded a net profit of AED786 million ($214 million) for the first half of its 2016-17 financial year, down 75% from AED3.1 billion in the year-ago period.
Malaysia Airlines plans to increase China services by adding eight new destinations and 11 new routes with 35 additional frequencies, beginning in early 2017.
UK-based regional Flybe reported a first-half net profit of £13.4 million ($16.6 million), halved from a net profit of £26.8 million in the same period last year.
Panama City-based Copa Holdings posted net income of $74 million for the 2016 third quarter, more than a tenfold increase compared to the company’s $6.2 million net profit in 3Q 2015.
Avianca Holdings S.A., posted a $37.8 million net profit for the third quarter of 2016, down 63% from a $102.1 million net profit the company reported in 3Q 2015.
Avionics and inflight systems company Thales will partner with the UK-based Aerospace Technology Institute (ATI) on a jointly funded £20 million ($25 million) research project to explore next generation aircraft communications technology, Thales said Nov. 7.
Airbus reported firm orders* for a total of 19 commercial aircraft in October, valued at approximately $2 billion at list prices, from three undisclosed customers.
Air Astana has taken delivery of its first Airbus A320neo, becoming the first airline in the Commonwealth of Independent States (CIS) to operate the type.
