Chicago-based United Airlines parent United Continental Holdings reported a third-quarter net profit of $965 million, down 80% from a net income of $4.8 billion in the 2015 September quarter.
Vietnam-based Jetstar Pacific is preparing for a significant increase in its international services, as the Jetstar Group focuses much of its growth on northeastern Asian routes for the fiscal year through June 2017.
Aerospace Tier 1 supplier Triumph Group might be in the midst of a corporate turnaround orchestrated by a relatively new chief executive, but financial analysts continue to predict things will get worse before they get better.
Embraer is seeking to finalize final deals with the U.S. Justice Department and the Securities and Exchange Commission to settle allegations of criminal and civil violations of the U.S. Foreign Corrupt Practices Act.
Regulatory and voluntary bans on Samsung Galaxy Note7 smartphones are spreading, as airlines and airport authorities around the world announce that the devices are either allowed with limited use, or are prohibited outright.
TUI Group and TUIfly employee representatives have started talks about alternatives to the proposed sale of the leisure carrier, which would raise questions over the planned Air Berlin breakup.
To list an event, send information in calendar format to Donna Thomas at [email protected]. For a complete list of Aviation Week Network’s upcoming events, and to register, visit www.aviationweek.com/events (Bold type indicates new calendar listing.) Oct. 17-20—2016 Public Safety and Security Fall Conference, Arlington, Virginia, www.aci-na.org/conferences Oct. 18-20—MRO Europe, RAI Amsterdam, Amsterdam, Netherlands, www.aviationweek.com/events
The U.S. DOT has granted permission to Canadian LCC WestJet and its Encore subsidiary to codeshare with LATAM Peru for flights via Canada to the U.S. and beyond.
The Singapore Airlines Group’s low-cost carrier (LCC) strategy is coming more sharply into focus, with subsidiaries Scoot and Tigerair relying on closer integration to support fleet and network growth plans.
United Airlines will present its third-quarter earnings next week with new guidance on unit-revenue performance, as well as a largely different management team.
Airbus chief salesman John Leahy said he “would be surprised if we did not reach our goal” to deliver at least 50 A350s in 2016, but admitted it is a “stretched target.”
