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.
Two of the airline industry’s most prominent executives predicted the imminent arrival of viable long-haul, low-cost services in London at the World Travel Market conference and exhibition on Nov. 7.
China Southern Airlines reported a third-quarter net profit of CNY3.3 billion ($495 million), nearly tripled from a net income of CNY1.2 billion in the year-ago quarter.
South Korean carrier Asiana Airlines posted a third-quarter net profit of KRW152.6 billion ($133.1 million), reversing a loss of KRW62.2 billion in the same period last year.
