Air Transport World

Following months of negotiations, Cargolux has agreed to cap Cargolux Italia’s fleet as one of the foundations for a new three-year labor accord.

Airport passenger traffic, year-to-date, organized by world region. Year-over-year percentage changes provided by Airports Council International.

Avianca Brasil, which joined Star Alliance last week, expects to breakeven this year despite the difficult economic climate in Brazil, CEO José Efromovich told ATW in São Paulo.

Quarterly financial results from 75 air carriers worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the first quarter of 2015, generally defined as January 1, 2015 through March 31, 2015.

Star Alliance is in talks with a second Brazilian carrier to extend its presence in the South American country, CEO Mark Schwab told ATW on the sidelines of the Avianca Brasil joining ceremony in São Paulo last week.

Ryanair is considering an entry into further major European airports, but will have to be convinced they can handle the airline’s strict stipulations, CFO Neil Sorahan said Monday.

Airport freight traffic, year-to-date, organized by world regions. Year-over-year percentage changes provided by Airports Council International.

Atlanta-based Delta Air Lines has agreed to invest $450 million to acquire a 3.55% stake in Shanghai-based China Eastern Airlines, and the SkyTeam members said they will launch a “commercial cooperation plan.”

Malaysia-based low-cost carrier (LCC) AirAsia plans to reopen services to the tourist destination of the Maldives, in the Indian Ocean.

A Lao Airlines flight—enroute from South Korea’s Gimhae International Airport to the Lao People’s Democratic Republic (LPDR) on July 25—was turned back by Chinese airspace controllers for not having approval to pass through newly imposed Chinese airspace.

Irish low-cost carrier (LCC) Ryanair announced a net profit of €245 million ($271.4 million) for the first quarter of its financial year, up 25% compared to €197 million for the year-ago period.

US Airlines with over 1000 Full-time Equivalent (FTE) employees, ranked by increase in employees, year-over-year. FTE calculations count two part-time employees as one full-time employee.

Southwest Airlines flight attendants have voted down a tentative agreement that would have ended two years of negotiations.

Changes in scheduled passenger airline full-time equivalent employment by airline group, displayed as percent changes from the previous year; differential changes for each of the last 13 months are shown.

Bosnia & Herzegovina Airlines has until the beginning of August to deliver a plan to pull itself out of a financial chasm or face permanent closure.

Air France-KLM plans to expand its low-cost arm, Transavia beyond its French and Dutch bases, despite a bitter industrial dispute last fall.

Air France-KLM reported a first-half net loss of €638 million ($700.3 million), widened from a loss of €619 million in the year-ago period.

The US Department of Transportation (DOT) is seeking information from five US airlines to see whether or not they engaged in price-gouging after a major rail accident in Philadelphia earlier this year.

Spirit Airlines posted second-quarter net income of $76.7 million, up 18.3% over a net profit of $64.8 million in the 2014 June quarter, and said it will make no changes to its business strategy despite “very aggressive” moves by mainline US airlines to match its low fares.

IT & Distribution-July 24, 2015