United Airlines reported record second-quarter net income of $1.2 billion, up 51.2% from the same period last year, as the company continues to reap the synergies from the merger with Continental.
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.
Southwest Airlines earned a net profit of $608 million in the second quarter, up 30.8% over net income of $465 million in the 2014 June quarter, as the company surged to a 28.2% pre-tax return on invested capital (ROIC) for the 12 months ended June 30.
Boeing remains confident that it will not have to cut its 777 production rate as part of the transition to the 777X and maintains that overall demand for its commercial aircraft line continues to be rock-solid, dismissing unevenness that saw first-half orders lag behind deliveries.
Air Line Pilots Association (ALPA) president Tim Canoll said the wider public has to be educated about the threat laser pointers pose to aircraft and help law enforcement catch people shining lasers into cockpits.
UK budget carrier easyJet is expecting a full-year pre-tax profit £620-£660 million ($965 million-$1.03 billion), despite taking a third-quarter hit from French air traffic controller strikes and the Rome Fiumicino fire.
[REVISED] Rome’s Fiumicino-Leonardo da Vinci Airport has returned to its full passenger capacity after a major fire in the facility’s Terminal 3 in early May.
Singapore-based low-cost carrier Tigerair reported net loss of SGD1.7 million ($1.25 million) for the first quarter of fiscal year 2016, narrowed from a SGD65.2 million net loss for the year-ago quarter.
US airlines, particularly regional carriers, have expressed hope that strict pilot training requirements implemented by FAA in 2013 will be eased in FAA reauthorization legislation expected to be taken up by Congress later this year, but there will likely be a strong push back against any efforts to change the rules.
Grupo Aeroméxico posted a second-quarter consolidated net profit of MXP101 million ($6.4 million), reversed from a MXP89 million net loss in the year-ago quarter.
FAA has given Thai aviation authorities until mid-October to take “corrective measures” over critical omissions in its commercial aviation safety standards.
The Air Line Pilots Association (ALPA) is calling for Traffic Collision and Avoidance Systems (TCAS) technology to be mandated on unmanned aerial vehicles (UAVs).
Boeing reported second-quarter net income of $1.11 billion, down 32.7% from a net profit of $1.65 billion in the 2014 June quarter, as an $835 million charge on the KC-46 aerial refueler program dampened earnings.
Increasing numbers of near misses between unmanned aerial vehicles (UAVs) and airliners in the UK have prompted the country’s regulator to launch a new code of practice for UAV operators.
FedEx Express has signed an agreement with Boeing to buy 50 Boeing 767-300Fs with options on a further 50 aircraft, the cargo carrier announced late Tuesday.
