Southwest Airlines, bolstered by continued low fuel prices and record first-quarter revenue, posted record first-quarter net income of $511 million, up 13% year-over-year.
Alaska Air Group, parent of Seattle-based Alaska Airlines and regional carrier Horizon Air, reported a consolidated first-quarter net income of $184 million, up 23% from a net income of $149 million in the year-ago quarter.
United Continental Holdings earned net income of $313 million in the first quarter, down 38.4% from a net profit of $508 million in the 2015 March quarter, as revenue fell 4.8% year-over-year to $8.2 billion.
Russia’s Volga-Dnepr Group and Moscow Sheremetyevo International Airport (SVO) have joined efforts to facilitate the development of the cargo industry in Russia.
Russia’s United Aircraft Corp. (UAC) reported a 2015 net loss of RUB108.7 billion ($1.5 billion), widened from a net loss of RUB13.7 billion in the year-ago period.
Singapore Airlines (SIA) has signed a deal with Panasonic Avionics to supply inflight entertainment and connectivity (IFEC) across the carrier’s upcoming Airbus A350 and Boeing 787-10 deliveries.
Russian’s Interstate Aviation Committee (IAC) has issued five “prompt” safety recommendations in its interim report on the crash of Flydubai flight 981, a Boeing 737-800 that plunged into the ground after a second missed approach at the Rostov-on-Don airport early on the morning of March 19, killing all 62 aboard.
A lack of relevant data is hindering efforts to determine and address the level of the air traffic management system’s vulnerability to cyberattacks, Eurocontrol DG Frank Brenner said at the IATA Ops Conference in Copenhagen this week.
The Civil Aviation Authority of Thailand (CAAT) has appointed CAA International (CAAi), the advisory arm of the UK Civil Aviation Authority (UK CAA), to help strengthen CAAT’s aviation safety oversight in compliance with ICAO.
United Continental Holdings has resolved the proxy fight over the makeup of its board of directors by agreeing to make former Air Canada CEO Robert Milton the non-executive chairman of the board.
Las Vegas-based Allegiant Air is increasing its marketing budget and investing more in customer service as it moves into larger markets, such as Pittsburgh, Cincinnati, Baltimore and Memphis, executives said in a briefing at the carrier’s headquarters.
Taking an increasingly cautious approach to its C919 narrowbody aircraft program, the Commercial Aircraft Corp. of China (COMAC) has extended its flight-testing program beyond two years, pushing an unannounced target for first delivery into 2019.
Pilot leaders at Hawaiian Airlines (HAL) will ask members to give them authority to strike if labor negotiations break down and the federal government authorizes a walkout, the Air Line Pilots Association (ALPA) said in a statement released April 19.
ACRO Aircraft Seating, which specializes in economy- and premium-economy class products, is considering a move into business-class seating around 2018.
The European Cockpit Association (ECA) has criticized the US Department of Transportation (DOT) and European Commission (EC) for the tentative approval of Norwegian Air International’s (NAI) bid to start transatlantic services.
