Indian low-cost carrier (LCC) IndiGo reported a 4Q 2016 net profit of INR5.79 billion ($87.4 million), up a scant 0.3% compared to a net profit of INR5.77 billion in the year-ago period.
South African regional carrier SA Express faced a weekend break in services after the South African Civil Aviation Authority (SACAA) suspended its air operator’s certificate (AOC) on a series of safety issues April 30, then reinstated it May 1 after “clarity was provided.”
Air France-KLM has appointed Jean-Marc Janaillac as chairman and CEO when Alexandre de Juniac steps down to replace the retiring Tony Tyler as IATA’s DG and CEO this summer.
The Airbus A350-900 has gained extended-range twin-engine operations (ETOPS) approval from FAA for routes that require beyond 180 minutes diversion time, which will give US A350 operators more range and flexibility with the aircraft.
Las Vegas-based Allegiant Air, the low-cost subsidiary of Allegiant Travel Co., has launched service from Baltimore-Washington International Thurgood Marshall Airport (BWI) and Savannah, Georgia with 2X-weekly services.
China’s Hainan Airlines parent HNA Group subsidiaries Tianjin Airlines and Beijing Capital Airlines will accelerate their international expansion pace to explore the fast-growing outbound travel market.
Vietnamese low-cost carrier (LCC) Jetstar Pacific Airlines aims to more than double its fleet of 12 Airbus A320 aircraft, partly through a $139 million investment by founding partners Qantas and Vietnam Airlines.
The first 35 of 75 Bombardier CSeries aircraft ordered by Delta Air Lines are locked in as CS100s, but the airline can begin converting to the larger CS300 model starting with the 36th aircraft on order.
Kuwaiti hybrid carrier Jazeera Airways will be the launch customer for a new-generation broadband Internet system from Rockwell Collins, the airline said as it unveiled its 1Q figures.
Utah-based SkyWest, parent of regional carriers SkyWest Airlines and ExpressJet Airlines, reported first-quarter net income of $27 million, nearly tripled from the $9.6 million net reported in the first quarter of 2015.
Brazilian manufacturer Embraer reported a consolidated net profit of $106 million for the 2016 first quarter, reversing its $58.9 million net loss in 1Q 2015.
Europe’s International Airlines Group (IAG)—parent company of British Airways, Iberia, Vueling and Aer Lingus—posted a first-quarter net profit of €104 million ($118 million), reversed from a net loss of €26 million a year ago.
Delta Air Lines has agreed to acquire 37 additional Airbus A321s valued at $4.2 billion at list prices. The announcement of an additional order for CFM International CFM56-powered A321s comes a day after Atlanta-based Delta placed a firm order for 75 Bombardier CS100s.
For Canadian manufacturer Bombardier's commercial aircraft, consolidated 2016 orders, deliveries and cancellations -- updated through the 2016 first quarter.
Bombardier reported a consolidated net loss of $138 million for the first quarter of 2016, reversed from a consolidated $100 million net profit in 1Q 2015.
