Embraer reported second-quarter net income of $131.1 million, down 10.6% from a net profit of $146.7 million in the 2014 June quarter, on a 14.2% year-over-year drop in revenue to $1.51 billion.
Malaysia's deputy transport minister said July 30 it was "almost certain" that the debris found washed up on Reunion island in the southern Indian Ocean was from a Boeing 777 aircraft.
The Australian government has issued a statement on the discovery of debris on Reunion Island in the Indian Ocean July 29 and which is being examined to determine whether it comes from missing Malaysia Airlines MH370, a Boeing 777-200.
A large piece of debris that appears to look like an aircraft wing flap has washed up on an island in the Indian Ocean, raising speculation that it may have come from Malaysia Airlines Boeing 777-200 flight MH370 that has been missing since March 2014.
Singapore Airlines’ (SIA) lower fuel costs helped offset weak yields as well as losses from affiliates and hedging in the fiscal first quarter, which ended June 30.
ANA Holdings reported a net profit of ¥8.3 billion ($67 million) for its fiscal first quarter, more than doubled from ¥3.4 billion in the year-ago period.
Lufthansa’s pilot union Vereinigung Cockpit (VC) has offered new concessions to end the ongoing dispute, which has resulted in 12 strikes over the past 15 months.
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.
Russian Prime Minister Dmitry Medvedev has signed a government resolution giving Sukhoi Civil Aircraft Co. (SCAC) a RUB250 million ($4.2 million) subsidy to promote the Sukhoi Superjet 100 (SSJ100) this year.
Aeroflot subsidiary Aurora Airline operated its first Boeing 737-500 technical flight to the Kuril Iturup Island airport in Russia’s Far East to test the new runway with a narrowbody medium-haul aircraft.
Republic Airways says the ongoing labor dispute with its pilots is in large part why the airline is cutting part of its planned schedule for later this year and the first half of 2016.
United Parcel Service (UPS) reported second-quarter net income of $1.23 billion, well more than doubling a net profit of $454 million in the 2014 June quarter, even as revenue dropped 1.2% year-over-year to $14.1 billion.
EgyptAir has issued a request for proposal (RFP) for eight to 10 narrowbody aircraft to be delivered by the end of next year, EgyptAir chairman and CEO Sameh El-Hefny told ATW in São Paulo.
Russia’s Transaero Airlines has taken delivery of the first of six Airbus A321s on lease from China’s ICBC Leasing as part of its fleet renewal and business efficiency enhancement programs.
Calgary-based WestJet earned net income of C$61.6 million ($49.8 million) in the second quarter, up 18.9% from a net profit of C$51.8 million in the 2014 June quarter, marking its 41st consecutive quarter in the black.
