Santiago-based LATAM Airlines Group reported a second-quarter net loss of $58.9 million, narrowed from a net loss of $329.8 million in the year-ago quarter.
Cathay Pacific Airways has reported a first-half net profit of HK$347 million ($45 million), up dramatically from a net income of HK$24 million in the year-ago period.
Southwest Airlines has launched daily Orange County/Santa Ana-San Jose del Cabo/Los Cabos, Mexico, and Cancun-Atlanta and -Baltimore/Washington service.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. Figures are released every two weeks by the U.S. Energy Information Administration.
Hong Kong Aircraft Engineering Co. (HAECO) reported a first-half net profit of HK$283 million ($36.5 million), down 21% compared with a net profit of HK$359 million year-over-year.
StandardAero Component Services (SACS) has expanded its component repair and development facilities with the addition of new capabilities in Winnipeg, Manitoba.
Malaysia Airlines (MAS) CCO Hugh Dunleavy underlined the need for the industry to improve information sharing about where it is safe to fly and where it isn’t.
Even as JetBlue Airways expands into the Caribbean and Latin America—and develops focus cities along the US East Coast—it continues thinking of itself as a point-to-point low-cost carrier, CEO Dave Barger said.
South African startup FlySafair is planning to launch services Oct. 16, a year later than planned, after its rivals blocked its 2013 launch at the last minute on ownership grounds.
Virgin America reported a $37 million net profit for the second-quarter, quadrupling the airline’s $8.9 million net income recorded in the year-ago June quarter.
All IrAn-140s have been grounded following the crash of a Sepahan Airlines aircraft on Sunday in Tehran that killed at least 39 people, according to Head of Civil Aviation Organization of Iran Alireza Jahangirian.
Cathay Pacific Airways has made a strategic equity investment in California-based sustainable biofuel developer Fulcrum BioEnergy as part of the airline’s biofuel strategy and to help it achieve a target of carbon-neutral growth from 2020.
US passenger airlines canceled 3.1% of their scheduled flights in the first half—89,627 in all—the largest percentage for the January-June period in 14 years, according to the US Department of Transportation’s (DOT) Air Travel Consumer Report and the Bureau of Transportation Statistics (BTS).
