Republic Airways Holdings (RAH)—parent of Republic Airlines and Shuttle America—reported third-quarter net income of $2.9 million, down 84.3% from $18.5 million in the year-ago quarter.
Lufthansa Group has suspended all flights to/from Sharm el-Sheikh, Egypt, a move made following strong statements from the UK government that an explosive device could be responsible for the Oct. 31 Metrojet Airbus A321 crash.
Air Canada posted third-quarter net income of C$437 million ($325.9 million), up 35.3% over a net profit of C$323 million in the 2014 September, as the airline’s earnings bucked Canada’s weak economy.
International Airlines Group (IAG) has converted options on two Airbus A330-300s for Aer Lingus, two A330-200s for Iberia and 15 A320neos for use across the group.
Korean Air has finalized an order for 30 Boeing 737 MAXs and two 777-300ERs, with a list value of nearly $4 billion, firming up the commitment it made during the Paris Air Show in June.
Revenue-generating numbers touted by OEMs for airliner cabin modifications are not necessarily produced in reality, a senior executive at Singapore-based low cost carrier Tigerair cautioned.
The UK government has taken the “precautionary step” of delaying flights that had been scheduled to fly from Sharm el-Sheikh, Egypt to the UK the evening of Nov. 4, citing new “information” from the investigation into the Metrojet Airbus A321 that crashed in the Sinai Peninsula Oct. 31.
Airlines for America (A4A) president and CEO Nicholas Calio called for Rep. Bill Shuster (R-Pennsylvania) to introduce an FAA reauthorization bill before the end of the year.
From Boeing's 2015 Current Market Outlook report, 20-year projections for economic and traffic growth, plus needed new aircraft to accommodate the projections, for the world's regions.
This table shows the current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
Wizz Air posted a net profit of €182.1 million ($204.7 million) for the six months ended Sept. 30, up 15.2% compared to a net profit of €158 million for the year-ago period.
Finnair has finalized a deal to sell 60% of Nordic Regional Airlines (Norra), formerly known as Flybe Nordic, to Finnish investors StaffPoint Holding and Kilco Oy for €1 ($1.09).
China Southern Airlines reported net income of CNY5.75 billion ($901.8 million) for the first nine months of 2015, more than tripling its net profit of CNY1.83 billion in the year-ago period.
Russia’s Emergency Control Ministry (EMERCOM) has increased the search area in Egypt’s Sinai Peninsula from 30 sq km to 40 sq km where Metrojet’s Airbus A321 crashed Oct. 31.
Latvia has approved plans to sell 20% of airBaltic to German businessman Ralf Dieter Montag-Girmes for €52 million ($57 million) and agreed to invest a further €80 million in the airline directly.
An eruption by the Gunung Rinjani volcano on nearby Lombok Island has forced a temporary closure of Bali’s Ngurah Rai International Airport, disrupting hundreds of tourist flights from across the region and Australia.
WestJet reported a third-quarter net profit of C$101.8 million ($75.9 million), nearly double net income of C$52.2 million in the 2014 September quarter.
A cargo aircraft has crashed immediately after takeoff Nov. 4 from Juba International Airport, South Sudan, with up to 40 people dead both in the aircraft and on the ground, according to multiple news media reports.
Skilled labor shortages and land-space constraints are among the biggest difficulties facing the MRO industry in Asia-Pacific countries, a region that is forecast to become the world’s largest in terms of fleet size and MRO market value.
A Boeing 737-400 of Pakistan-based Shaheen Air suffered landing gear problems at Lahore airport Nov. 3, causing the gear to collapse and the aircraft to veer off the runway
The Asia-Pacific region will surpass others in airliner fleet size and MRO market value in a decade, attendees at the Aviation Week Network MRO Asia-Pacific conference in Singapore were told Tuesday.
