Spirit Airlines plans to continue growing aggressively over the next several years after posting net income of $176.9 million in 2013, up 63.1% over a 2012 net profit of $108.5 million.
Grupo Aeromexico posted an MXP385 million ($28.9 million) unaudited consolidated net profit for the 2013 fourth quarter, down 37.1% from MXP612 million the year before. Full-year consolidated net profit was MXP1 billion, down from MXP1.3 billion.
Kunming, China-based Ruili Airlines has moved one step closer towards launching operations after being granted an operating license by the Civil Aviation Administration of China (CAAC).
Airbus has announced plans to increase its stake in China’s Harbin Hafei Airbus Composite Manufacturing Centre (HMC) to 25% from its current 20% shareholding.
UK air navigation services provider NATS halved the level of delay recorded in UK airspace in January this year compared to the same month last year, and the lowest January total since records began in the mid-1990s.
Airbus ATM subsidiary Airbus ProSky will set up a new office in Singapore in April to help support ATM modernization efforts in the Asia-Pacific region.
Airbus Group has acquired its own banking license. The company invested in the Salzburg Muenchen Bank, which is part of the Austrian Raiffeisenverband based in Germany.
SR Technics and its sister-company Sanad Aero Solutions will provide Integrated Component Services for five more years to Garuda Indonesia’s 35 Airbus A330s.
AJW Group will increase investment in China with expanded offices in Shanghai. The firm expects to announce significant contract developments in China over the next couple of months. Group member AJW Technique recently was certified by the Brazilian Civil Aviation Authority. Satair in Singapore will continue as Diehl Aerosystems’ exclusive Customer Support Center for Asia-Pacific region, providing distribution for Diehl Aerospace, Diehl Aircabin and Diehl Comfort Modules.
Ethiopian Airlines has launched its latest joint venture carrier, Malawian Airlines, and revealed plans to create a startup carrier in the Democratic Republic of Congo (DRC).
Shareholders at Netherlands-headquartered lessor AerCap have finalized the company’s plans to acquire US leasing giant International Lease Finance (ILFC).
Qatar Airways is to launch an all-business class service from its Doha base to London Heathrow. It says it is the first airline to operate such an aircraft into the London hub.
The aviation authorities of Russia and Israel have agreed to remove restrictions on routes between the two countries with the exception of Moscow-Tel Aviv.
Association of European Airlines (AEA) chairman and Turkish Airlines CEO Temel Kotil is again asking European politicians to pay more attention to the importance of the airline industry.
The co-pilot of an Ethiopian Airlines Boeing 767-300ER hijacked the aircraft during a scheduled flight Monday, diverting it to Geneva in an apparent bid to seek asylum.
