Embraer posted a second-quarter net profit of $146.7 million, reversing a $3.8 million net loss in the 2013 June quarter, on a 12.8% rise in revenue to $1.76 billion.
Australia’s air navigation services provider, Airservices Australia, will install 13 new Automatic Dependent Surveillance-Broadcast (ADS-B) ground stations starting next year to enhance its coverage of satellite-based air traffic surveillance in Australian airspace.
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.
Japan’s All Nippon Airways (ANA) reported net income of ¥3.5 billion ($34.4 million) for the first-quarter of the company’s fiscal year 2014 ended June 30, reversed from a net loss of ¥6.6 billion in the year-ago quarter.
Airbus Group reported first-half 2014 net income of €1.14 billion ($1.53 billion), up 50% over a €758 million net profit in the first six months of 2013, on a 6% rise in revenue to €27.2 billion.
Irish budget carrier Ryanair has stepped up its full-year net profit guidance nearly 5% to up to €650 million ($873 million), although it cautioned that fares are expected to decline in the second half.
The Civil Aviation Administration of China (CAAC) has approved the Aug. 1 launch of Urumqi Airlines, subsidiary of Hainan Airlines parent HNA Group, to further explore market potential in West China.
Grupo Aeroméxico incurred a net loss of MXP89 million ($6.9 million) in the second quarter, reversed from a net profit of MXP322 million in the 2013 June quarter.
Boeing has projected a global demand for 1.1 million new airline pilots and technicians over the next 20 years, according to its 2014 Pilot and Technician Outlook.
Germany-based leisure carrier Condor Airlines and Lufthansa low-cost subsidiary Germanwings have signed a cooperation for feeder flights offering Germanwings passengers service to Cologne and Manchester.
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.
Worldwide airport passenger traffic grew 4.7% year-over-year in May, falling 2 points from April’s 6.7% growth and matching May 2013’s growth rate, according to Airports Council International (ACI).
Singapore-based ST Aerospace (STA) has extended its TRUEngine-authorized MRO provider license for CFM56 turbofan engines, in a move that could help bolster Singapore’s position in the increasingly competitive regional MRO market.
Dublin Aerospace has added Airbus A330 base maintenance to its offerings, following approval from the European Aviation Safety Administration (EASA) and FAA.
