Japan Airlines (JAL) reported net income of JPY119.6 billion ($1 billion) for the nine months ended Dec. 31, 2014, down 3.1% from JPY123.5 billion in the same period in the previous financial year.
American Airlines (AA) pilots have ratified a new, five-year collective bargaining agreement that brings all of the flight deck crew of the former American and US Airways under one labor contract.
The UK airline industry is uniting behind the British Air Transport Association (BATA) to call for air passenger duty (APD) to be abolished across the UK during the next Parliament.
Luxembourg-based Cargolux management continues to be stuck in difficult negotiations with Luxembourg labor unions after rejecting a collective work agreement (CWA) that expired at the end of December.
Airberlin CEO Wolfgang Prock-Schauer is set to step down Feb. 1, as former Lufthansa executive and Fiji Airways CEO Stefan Pichler takes the helm to move the company forward with its restructuring program.
U.S. Airports Average Domestic Air Fare, ranked by year-over-year percent change. Source: US Department of Transportation, Bureau of Transportation Statistics; ATW Research From BTS: BTS reports average fares based on domestic itinerary fares. Itinerary fares consist of round-trip fares, unless the customer does not purchase a return trip. In that case, the one-way fare is included. Constant 2014 dollars are used for inflation adjustment.
The government of Malaysia, citing Chicago Convention standards, has “officially” declared Malaysia Airlines flight MH370 “an accident,” stating that “all 239 of the passengers and crew onboard MH370 are presumed to have lost their lives.”
Washington governor Jay Inslee is the latest public official to weigh in on which city should get—or in Seattle’s case, retain—coveted slots at Tokyo’s close-in Haneda Airport.
JetBlue Airways reported a 2014 net profit of $401 million, more than doubling $168 million in net income in 2013, but conceded its return on invested capital (ROIC) needs to improve.
Leaders of the global air transport industry will gather in Washington DC on Feb. 25 to celebrate this year’s winners of Penton’s Air Transport World 41st Airline Industry Achievement Awards.
The US Air Force has chosen Boeing as the sole-source provider and prime integrator for the multibillion dollar program to develop the next US presidential transport, based on the company’s 747-8.
Alaska Airlines is asking the commission in charge of Seattle-Tacoma International Airport (Sea-Tac) to alter plans to pay for an expanded international arrivals facility mostly with Passenger Facilities Charges (PFCs).
Singapore-based low-cost carrier (LCC) Tigerair has posted a S$2.2 million ($1.63 million) profit for the fourth quarter of 2014, reversed from a net loss of S$118 million in the year-ago quarter.
Boeing chairman and CEO Jim McNerney said the steep drop in fuel prices in recent months is not hurting the demand environment for new commercial aircraft.
San Francisco-based Virgin America has revealed that pay raises for most employees and above-market fuel hedges through the second quarter will push its 2015 costs above previous estimates.
