Low-cost carrier (LCC) flydubai reduced its deficit for the 2016 first half, registering a net loss of AED89.9 million ($24.5 million), a 39% improvement on the same period a year ago.
Global air freight market demand increased 5% year-over-year (YOY) in July—the sector’s biggest rise since February 2015—according to IATA’s Air Freight Market Analysis.
Lufthansa Technik Malta and UK low-cost carrier easyJet have signed a five-year base maintenance contract for more than 100 Airbus A320 family aircraft.
French all-business class carrier La Compagnie will suspend transatlantic service between London Luton and New York from Sept. 25, citing the fragile European economic climate.
Swiss International Air Lines (SWISS) said it will not have to reduce its schedule this year because of delays in Bombardier CSeries aircraft deliveries.
Austrian aviation authorities have said ticketing for Aeroflot low-cost subsidiary Pobeda Airlines’ Moscow Vnukovo-Vienna Fly&Bus route “violates the bilateral arrangements based on the air transport agreement” between Russia and Austria.
China Eastern Airlines reported a 2016 first-half net profit of CNY3.23 billion ($486 billion), down 9.3% compared to net income of CNY3.56 billion in the same period last year.
Airberlin group has promoted Dimitri Courtelis to the position of CFO, succeeding Arnd Schwierholz who has resigned to pursue challenges outside the aviation industry.
Indianapolis-based Republic Airways Holdings, the parent company of regional carriers Republic Airlines and Shuttle America, announced Sept. 2 an agreement had been reached with Dallas/Fort Worth-based American Airlines “[securing] a long-term relationship between the two airlines.”
The preliminary report on the Aug. 3 crash landing of an Emirates Airline Boeing 777-300 at Dubai International Airport stated that the aircraft attempted a go-around after initially touching down briefly.
IATA wants “a more ambitious timeline” for the market-based measures (MBM) carbon offsetting scheme expected to be adopted at the upcoming ICAO Assembly.
Bombardier said it will deliver seven CSeries aircraft in 2016 instead of 15 as planned, citing Pratt & Whitney PW1500G geared turbofan (GTF) engine delivery delays.
Vietnamese low-cost carrier (LCC) Jetstar Pacific has firmed up a memorandum of understanding (MOU) for 10 A320ceos, which it will use for network expansion.
Vietnamese low-cost carrier (LCC) Vietjet has placed a firm order for 10 Airbus A321ceos and 10 A321neos, and finalized an agreement to establish a new training center.