Emirates Airline recorded a net profit of AED1.9 billion ($514 million) in the first half of its 2014-15 fiscal year, up 8% against the same period last year.
São Paulo-based low-cost-carrier GOL reported third-quarter net losses of BRL245.1 million ($100.5 million), widened from a net loss of BRL197 million in the September 2013 quarter.
New visa reciprocal visa regulations between the US and China that go into force Nov. 12 could dramatically affect transpacific demand by markedly increasing the number of visitors from China to the US.
While there has been a lot of attention on Cebu Pacific’s recent long-haul expansion, the carrier is also boosting its fleet of Airbus A320s to improve its short-haul network.
Russia’s Transaero Airline will launch 4X-weekly Boeing 737 Moscow-Tbilisi services from Dec. 1, less than three months after Russia’s Federal Air Transport Agency, Rosaviatsia, announced scheduled flights could resume between the countries.
Indonesia’s Lion Group has taken delivery of its first three Airbus aircraft from a March 2013 order for 234 A320 family aircraft, comprising 109 A320neos, 65 A321neos and 60 A320ceos.
The TATA/Singapore Airlines joint venture startup Vistara has signed long-term Flight Hour Services Tailored Support Package (FHS-TSP) contracts with Airbus starting this year for its 20 A320s.
Flying Colours—the North American MRO, completion and refurbishment specialist—has been named by GE Aviation as an authorized line maintenance center for CF34-3 and CF34-8C engines.
Spirit AeroSystems’ Europe Repair Station in Prestwick, Scotland, has received FAA Part 145 Repair Station Certification to perform aircraft maintenance, repair and overhaul.
Abu Dhabi’s Falcon Aviation Services has confirmed an order for three Bombardier Q400 NextGen turboprops. Bombardier said the aircraft form part of a letter of intent for five Q400 NextGens signed by Falcon at last July’s Farnborough Airshow.
Swiss International Air Lines (SWISS) must become more “flexible, efficient and competitive,” CEO Harry Hohmeister told ATW on the sidelines of the Association of European Airlines (AEA) summit in Istanbul.
Lufthansa subsidiary Austrian Airlines is considering more wet-lease contracts for Lufthansa Group member airlines, CEO Jaan Albrecht told ATW in Vienna.
Atlas Air Worldwide Holdings posted third-quarter net income of $27.6 million, up 11.5% from the $23.7 million net profit the company reported in the year-ago quarter.
Long-haul, low-cost airline AirAsia X (AAX) said it is succeeding in keeping its aircraft relatively full despite weakening demand and a dramatic increase in capacity.
Russia’s state-owned Rostec Corp. and Aviation Corp. of China (AVIC) have reached a strategic agreement to implement joint projects in aircraft, helicopter and engine manufacturing.
