Garuda Indonesia returned to profit for the first nine-months of 2019 with a $122.8 million net profit, reversing the $110.2 million loss over the same period last year.
The UK and Switzerland are each planning to launch their own emissions trading systems (ETS), linked with the European Union Emissions Trading System (EU ETS), despite industry calls for a joined-up international approach under ICAO’s Carbon Offsetting and Reduction Scheme (CORSIA).
United Airlines customers now have the option to pay over time for flights through the carrier’s partnership with point-of-sale financing company Uplift.
The European Organization for Civil Aviation Equipment (Eurocae) has established a working group to develop standards for counter-drone systems that can be used by airports and air traffic control authorities.
A group of 11 Democratic senators is urging the Trump administration to reverse new restrictions that ban US commercial flights to all Cuban destinations except Havana.
Philippines LCC Cebu Pacific Airways has inked a firm order with Airbus for 16 A330-900s, solidifying the MOU signed at the Paris Air Show in June this year.
Ryanair posted a flat net profit of €1.15 billion ($1.28 billion) for the first half of its 2020 fiscal year and lowered its 2021 growth outlook because of the delayed deliveries of its Boeing 737 MAX aircraft.
Japan Airlines (JAL) reported a net profit of ¥51.2 billion ($472.2 million) for the six months through Sept. 30, down about 30% from the profit of ¥73.4 billion in the same period a year earlier.
Chinese LCC Spring Airlines reported a net income of CNY1.72 billion ($238 million) for the first nine months of the year, up 21.7% compared to the year-ago period.
French aerospace firm Safran reported an unexpected dip in CFM56-7B shop visits in the 2019 third quarter, citing airlines pushing their Boeing 737 Next Generation aircraft as long as possible before required maintenance to help offset not having 737 MAXs.
International Airlines Group (IAG) Spanish airline subsidiary Iberia plans to buy Air Europa from its current owner Globalia in a €1 billion ($1.12 billion) deal that is set to transform its Madrid base into a “true rival” to Europe’s biggest hub airports.
Utah-based SkyWest Airlines grew its third-quarter net income by 10%, as the US regional carrier continued to benefit from its ongoing fleet initiatives and a more efficient footprint following the sale of ExpressJet Airlines in January.
Swiss International Air Lines (SWISS) and Swiss Federal Railways will expand their Flugzug (Airtrain) service to connect more rail stations with Zurich Airport.
China’s Hainan Airlines Group posted net income of CNY108.4 million ($15.4 million) in the third quarter, down 40% from 3Q 2018, as costs outpaced operating revenue but were offset by other income.
South African Airways (SAA) has taken delivery of the first of four new Airbus A350-900s, which is expected to improve both its customer offering and commercial prospects.
The US Senate has passed a transportation funding bill for fiscal year 2020, although doubts remain about whether Congress can complete the appropriations process before a Nov. 21 deadline to fund the federal government.
In the face of stiff competition from LCCs in Vienna, Austrian Airlines will undertake an aggressive cost-cutting effort in 2020 and eliminate hundreds of jobs.
