UK low-cost carrier (LCC) easyJet reported a full-year net profit of £427 million ($534.7 million), down 22% from a £548 million profit in the prior year.
Initial Wall Street reactions to the US presidential election results do not necessarily signal long-term effects, Air Lease Corp. (ALC) CEO John Plueger said at the annual Latin American and Caribbean Air Transport Association (ALTA) Airline Leaders Forum in Mexico City.
United Airlines plans to convert its recent order for 65 Boeing 737-700s into four 737-800s and 61 737 MAX aircraft, airline management said during an Investor Day presentation Nov. 15.
Lufthansa Group subsidiary Austrian Airlines will recruit 100 new pilots without flight experience in 2017, and will train them in the European Flight Academy.
Some $3.8 billion of airlines’ funds remain trapped in Venezuela, which risks losing all air service to the country, IATA DG and CEO Alexandre de Juniac warned.
JetBlue has unveiled its newest special livery, “What’s Old Is Blue Again,” on an Airbus A320. Dubbed “RetroJet,” the aircraft will be used on this season’s first roundtrip service between New York JFK and Palm Springs International Airport.
Lufthansa has reacted strongly to a fresh threat of strike action from the Vereinigung Cockpit (VC) union, labeling it as “absolutely incomprehensible.”
Dallas-based Southwest Airlines began scheduled commercial flights to Cuba Nov. 13 with the launch of 2X-daily service between Fort Lauderdale-Hollywood International (FLL) and Varadero, Cuba, a resort city 87 miles east of Havana.
Russia’s Federal Air Transport Agency, Rosaviatsia, has temporarily restricted the air operator’s certificate (AOC) for Pskovavia passenger and cargo airline through Dec. 7.
Russia’s Sukhoi Civil Aircraft Co. (SCAC) has delivered the first two of six Sukhoi Superjet 100s (SSJ100s) with a new variable cabin layout to the State Transport Leasing Co.
Mexico City-based Aeromar has signed an order for eight firm ATR -600 series aircraft, comprising six 72-600s and two 42-600s, plus options for six additional 72-600s.
Shanghai-based Spring Airlines posted a third-quarter net profit of CNY429.5 million ($64.4 million), down 26.3% over a net income of CNY582.8 million in the year-ago quarter.
Latin American airlines’ growth will be stymied unless the region’s governments ease the tax burden on airlines and passengers, LATAM Airlines Group CEO Enrique Cueto said.
Thailand low-cost carrier (LCC) Nok Air reported a consolidated third-quarter net loss of THB1.1 billion ($30.2 million), deepened from a loss of THB652.6 million in the same period last year.
