Japan’s All Nippon Airways (ANA) reported a net profit of ¥6.6 billion ($65.2 million) in the fiscal first quarter, down 20%, mainly because of earthquakes in southern Japan and concerns about terrorist attacks in Europe.
An Emirates Airline Boeing 777-300 crash-landed at Dubai International Airport Aug. 3 and was destroyed by fire. None of the 282 passengers and 18 crew was injured, the airline said. However, the Dubai government said one firefighter was killed.
Baltimore/Washington International Thurgood Marshall Airport (BWI) saw its first scheduled landing of a Boeing 787-8 Dreamliner Aug. 1 as a British Airways nonstop from London Heathrow made its inaugural flight to Baltimore, Maryland.
Polish flag carrier LOT Polish Airlines is trialing a 2X-weekly nonstop service from Warsaw Chopin International to Ngurah Rai International in Bali, Indonesia.
German-based restructuring specialist 4K Invest (AA International Aviation Holding) has completed the takeover of Slovenian flag carrier Adria Airways.
India-based low cost carrier (LCC) IndiGo reported a net profit of INR5.92 billion ($87.3 million) for its 1Q 2017 period to end June 2016, down 7.4% compared to the same period last year.
Baltimore/Washington International Thurgood Marshall Airport (BWI) welcomed its first scheduled Boeing 787-8 Dreamliner service Aug.1, a British Airways’ upgraded daily nonstop from London Heathrow Airport.
Seattle-based Alaska Airlines will build a new 105,000 sq. ft. maintenance hangar at Ted Stevens Anchorage International Airport (ANC), the airline announced July 29.
Flag carriers Oman Air and Saudi Arabian Airlines (Saudia) have signed a codeshare agreement covering services between the Omani capital Muscat and four destinations in Saudi Arabia.
Kuwaiti hybrid carrier Jazeera Airways reported a half-year net profit of KD6 million ($19.9 million), down 3.6% year-over-year (YOY) because of overcapacity in the local marketplace.
Shanghai-based Juneyao Airlines is expected to join Star Alliance’s Connecting Partner Model (CPM) program in an effort to facilitate its rapid international expansion, according to an industry insider.
While Virgin Australia remains a popular investment option for overseas airlines, the carrier is set to report a significant net loss due to restructuring costs.
US-based United Parcel Service (UPS) posted a $1.27 billion net profit for the second quarter of 2016, up 3.2% from net income of $1.23 billion in the same quarter in 2015.
Air Canada reported C$186 million ($143 million) in net profit for the second quarter of 2016, down 37.2% from the airline’s C$296 million net result in 2Q 2015.