Low-cost carrier (LCC) Norwegian edged back into the black in 2015, recording a full-year profit of NOK246.2 million ($28.7 million), reversed from a loss of NOK 1.07 billion in 2014.
Finland flag carrier Finnair has reported a full-year net income of €89.7 million ($100.7 million) for 2015, reversed from a €82.5 million loss in the year-ago period.
The latest US Airline Fuel Cost and Consumption figures - for December 2015 and comparative prior months and years - organized by domestic, international and system totals.
As recently as eight years ago, only one airline flew between Los Angeles and the United Arab Emirates (UAE) or Qatar—but this summer, three carriers will fly four daily flights.
Dubai-based low-cost carrier (LCC) flydubai posted AED100.7 million ($27.4 million) net income for 2015, down 59.7% from its AED250 million net result in 2014.
193 firearms were discovered at US airports in January 2016, up 11.6% year-over-year, as detailed in Total TSA Gun Catches for January 2016 (loaded or unloaded firearms discovered at TSA checkpoints at airports across the US).
Spirit Airlines’ 2015 net profit of $317.2 million was up 40.7% over net income of $225.5 million in 2014, but the ultra low-cost carrier’s (ULCC) new CEO acknowledges that operational performance needs to improve.
Dublin-based ASL Aviation Group has signed a conditional agreement to buy two cargo airlines owned by TNT Express, which is itself being acquired by FedEx.
GE Aviation said final assembly is well underway on the first full GE9X engine that will test in the first half of 2016, four years before the GE9X engine enters service on a Boeing 777X aircraft.
Russia’s Aeroflot received RUB1.49 billion ($20.5 million) in government subsidies in 2015, according to the carrier’s financial results published in accordance with Russian Accounting Standards.
