IATA is confident that a global aviation emissions agreement will be reached in 2016 regardless of United Nations climate talks in Paris, an IATA environment director said.
United Airlines and Lufthansa plan to enhance their cooperation to include freight operations by United Cargo and Lufthansa Cargo on routes between the US and Europe.
Ethiopian Airlines—which is one of the first Boeing 787-8 operators—has ordered two Boeing 787-9s for delivery in 2017, CEO Tewolde Gebremariam told ATW.
Lufthansa Group CEO Carsten Spohr told ATW that when the carrier’s internal problems (union negotiations) are resolved, it will be ready to consolidate its European airline business.
Air France-KLM’s traffic was significantly impacted by the Nov. 13 terrorist attacks in Paris, costing the group around €50 million ($55 million) in lost revenue.
UK-based Monarch Group, which includes leisure carrier Monarch Airlines, expects to report a strong turnaround when it announces full-year results in early 2016.
Data represents the total employment, full time plus part time, of all US scheduled passenger, charter and cargo airlines, sorted by Airline Group. Changes in employee totals from the previous month, and the current month from a year ago, two years ago, five years ago and a decade ago are represented by percentage change.
Citing significant improvements in operational performance, United Airlines’ acting CEO said the company is successfully navigating the last few months’ rapid turnover in the chief executive’s office.
Malaysia Airlines Berhad (MAB) plans to pare down its operations at its hub at Kuala Lumpur International Airport (KLIA) as part of an extensive reorganization.
The world’s airlines are set to post a collective record net profit of $33 billion for 2015 and are forecast to post another record net profit of $36.3 billion in 2016, according to IATA.
ATW roundup of 71 airlines' financials for the third quarter, listed by region. Visit World Airline Financial Results: 3Q 2015 Roundup for a complete data table.
Financial results to-date for 81 airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the third-quarter of 2015, generally defined as July 1, 2015 through September 30, 2015.
Russia’s AirBridgeCargo Airlines (ABC) has renewed its IATA Operational Safety Audit (IOSA) certificate for a further two years following a five-day inspection by independent auditors.
Russian airlines carried 479,000 passengers between the Russian Far East and other parts of the country under a six-month government subsidy program, down 2.24% year-over-year.
Air France-KLM has appointed Nathalie Stubler as the next CEO of Transavia France, succeeding Antoine Pussiau who will become Air France-KLM SVP-Asia Pacific.