WASHINGTON—Tecnam’s P2012 Traveler commuter airliner made its first flight July 21 from Capua, Italy. The 11-seat twin-piston is planned to enter service with U.S.
Kenya Airways posted yet another record net loss, although management assures the company’s operational restructuring is on track and is starting to bear fruit.
American Airlines reported a 2016 second-quarter net profit of $950 million, down 44.3% from $1.7 billion in net income in the 2015 June quarter, as revenue fell 4.3% year-over-year to $10.36 billion.
AUCKLAND—Hawaiian Airlines plans to boost its fleet of Boeing 717s in order to give it more peak-time capacity, and to cover for aircraft undergoing heavy maintenance.
A full-scale prototype of Facebook’s stratospheric solar-powered unmanned aircraft, designed to provide Internet access in remote regions, has entered flight testing in South Africa.
Lufthansa and EasyJet have warned several factors are having a deep impact on forward bookings and travel demand, including a series of recent terrorist attacks, the fallout of the attempted coup in Turkey, air traffic controllers’ strikes and the consequences of the U.K. vote to leave the EU (Brexit).
China’s Hainan Airlines plans to take a 23% share in TAP Portugal, with a bond buy from Azul Brazilian Airlines, in a €30 million ($33 million) transaction.
Grupo Aeromexico reported 28 million pesos ($1.5 million) in net income for the 2016 second quarter, down 72.5% from its 102 million-peso net profit in the year-ago period.
The Department of Transportation (DOT) on July 20 tentatively approved American Airlines, Delta Air Lines, Hawaiian Airlines, and United Airlines as proposed candidates to provide daytime service to Tokyo Haneda Airport.
Chicago-based United Airlines is slowing capacity growth in the second half of 2016, and on transatlantic routes will cut fourth-quarter capacity by 1–2% compared to the 2015 December quarter.
All Nippon Airways is part of a focus group of Boeing airline customers helping to shape the manufacturer’s potential middle-of-the-market aircraft, ANA Holdings Chairman Shinichiro Ito said.
Budapest-based Wizz Air will scale back its planned capacity growth on U.K. routes after the British pound’s sharp devaluation that followed the U.K.’s vote to leave the EU.
Sumitomo Mitsui Trust Bank (SuMi Trust), one of Japan’s well-known financial institutions, and Novus Aviation Capital, a global aircraft leasing platform, on July 20 announced the launch of the $200 million Ortus Aircraft Leasing Fund.
Malaysia’s airport authority is taking steps to prevent a recurrence of the flooding that affected the country’s third-largest airport in Penang this week.
