Japan Airlines (JAL) reported net income of ¥171.6 billion ($1.75 billion) for its full fiscal year ended March 31, down 8% from a net profit of ¥186.6 billion in the prior fiscal year, and said Tuesday that 787 service will resume June 1.
Turkish low-cost carrier (LCC) Pegasus Airlines has floated 34.5% of its share capital on the Istanbul stock exchange, completing its long-awaited initial public offering (IPO).
Charlotte, N.C. mayor Anthony Foxx was nominated Monday by President Barack Obama to become the US’s 17th secretary of transportation, replacing Ray LaHood, the former Republican congressman from Illinois who has served as head of the US Department of Transportation for over four years.
Thomas Cook Group—which detailed plans in February to reorganize its Belgian, German and UK airlines—has announced it will merge Frankfurt-based Condor Flugdienst GmbH and its wholly owned subsidiary Condor Berlin GmbH.
China Southern Airlines reported a net profit of CNY57 million ($9.16 million) in the first quarter, down 82% compared to net income of CNY319 million in the year-ago quarter.
Ethiopian Airlines resumed Boeing 787 Dreamliner service Saturday with a flight from Addis Ababa to Nairobi, making it the first carrier to relaunch 787 flights since the aircraft was grounded in January.