Singapore-based low-cost carrier (LCC) Tigerair Group posted a net loss of S$18.8 million ($13.7 million) in the fourth quarter of FY15 ended March 31, an 80.3% improvement over a net loss of S$95.5 million in the year-ago period.
Expanding its battle with Delta Air Lines, Alaska Airlines plans to start service between its Seattle hub and Nashville, Tennessee, Charleston, South Carolina and Raleigh-Durham, North Carolina, later this year, the carrier said.
As expected, growth in the global air freight market returned to modest levels in March, with a cumulative 1.6% year-over-year (YOY) increase in traffic, according to IATA’s March Air Freight Market Analysis.
Emirates Airline has published an issue of its magazine entirely devoted to countering the allegations of government subsidies and unfair competition that have been leveled at Emirates the other two major Gulf carriers by American Airlines, Delta Air Lines and United Airlines.
Boeing is working on a software fix for 787 generator control units (GCUs), but in the meantime FAA has ordered 787 operators to power off Dreamliners at least once every 120 days to avoid the potential loss of electrical power in flight.
Pilots at Allegiant Air say they will appeal after a federal judge in Las Vegas issued a preliminary injunction last week that barred them from striking.
Lufthansa Group’s Swiss International Air Lines has finalized an order for three additional Boeing 777-300ERs, valued at $990 million at current list prices.
Malaysia Airline System (MAS), parent of Malaysia Airlines, is already seeing significant changes to operations and fleet, following the May 1 start date for new CEO Christoph Mueller, who is former CEO of Aer Lingus.
Rate includes accidents involving all turboprop aircraft where the accident resulted in a hull loss. Indicated rate is calculated as number of accidents per million sectors. Source: IATA
Chorus Aviation, the Halifax-based parent company of Canadian regional airline Jazz Aviation, has completed the acquisition of North Bay, Ontario-based Voyageur Airways for C$80 million ($63 million).
Air China and Hainan Airlines have reported significant improvements in their first-quarter earnings due to robust market demand growth and lower fuel prices, according to industry analysts.
Aeroflot low-cost subsidiary (LCC) Pobeda Airline—which began operations in December 2014—has made the top 10 list of Russia’s biggest airlines, according to passengers carried, for the first quarter.
Rate includes accidents involving all jet aircraft where the accident resulted in a hull loss. Indicated rate is calculated as number of accidents per million sectors. Source: IATA
Total TSA Gun Catches year-to-date (loaded or unloaded firearms, plus stun-guns, discovered at TSA checkpoints across the US). 185 firearms were discovered in April 2014. 164 firearms (88.6%) were loaded. 72 stun-guns were caught between April 4, 2014 and May 1, 2014.
Total TSA Gun Catches for April 2015 (loaded or unloaded firearms, plus stun-guns, discovered at TSA checkpoints across the US). 201 firearms were discovered in April 2015, up 8.6% year-over-year.
Airbus is alarmed about German media reports suggesting the German spy agency BND (Bundes Nachrichten Dienst) collected data on European firms, including Airbus, at the request of the US National Security Agency (NSA).
FedEx has said it is making “timely progress” with its plans make an offer for 100% of Dutch integrator TNT Express, although it may need more time from Dutch authorities.
Luxemburg-based Cargolux has reported a 2014 profit of $3 million, down 64% from $8.4 million in 2013, despite a $40 million impairment on its Boeing 747-400F fleet and a provision for any potential anti-trust impact.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, reported a net profit of $9.6 million in the first quarter, reversed from a net loss of $22.9 million in the 2014 March quarter.
