The airline also strongly rejected claims by Delta that the U.S. airline was forced to drop the service because of competition with government-subsidized airlines from the Gulf, saying Delta’s statement was “disingenuous.”
The robust results could make it more challenging for management to convince employees to make further savings, CFO Pierre-Francois Riolacci reckoned during an Oct. 29 call with analysts.
Virgin America continues to outpace most domestic rivals on unit revenue, but executives said on Oct. 29 that the carrier is observing weakness in four different areas: most markets from Dallas Love Field; West Coast routes to Chicago; transcontinental routes; and all flights between Los Angeles and South Florida.
The U.S. may be behind Europe in deploying remote tower technologies, but momentum is building based on incubator projects at general aviation airports.
Europe’s aviation leaders will adapt the region’s research agenda to address the rapid emergence of unmanned aircraft, electric propulsion, cybersecurity and other technologies.
As liquidity concerns again raise their head because of the rate at which Bombardier is burning cash on aircraft development, C Series gets a lifeline from the Quebec government, and Learjet 85 is canceled.
Lufthansa says it is seeing real benefits to recent product upgrades made, particularly in premium cabins—but despite these efforts, yields continue to decline.
Boeing is poised to mount the first CFM Leap-1B engine on the wing of the initial 737 MAX test aircraft, in preparation for the aircraft’s December rollout.
AirAsia is finalizing plans to enter the Japanese market early next year, adding new competition for the country’s LCCs as they continue to expand their domestic and international networks.
China’s government has signed a preliminary agreement to buy an unexpectedly large quantity of Airbus A320-family aircraft, while also confirming an order for 30 A330s.
SkyWest Inc. is seeking the extension of flying contracts for its ExpressJet operation, which have been a drag on the company’s earnings since SkyWest acquired the regional carrier in late 2010.
U.S. carriers are sticking with industry trade group Airlines for America (A4A), despite Delta Air Lines’ surprising announcement that it will leave the association next year.
Continuing growth in its international operations drove a strong profit boost for All Nippon Airways (ANA) in the six months through Sept. 30, despite increasing pressure on its domestic and cargo sectors.
A large bipartisan majority in the U.S. House of Representatives has voted to reauthorize the U.S. Export-Import Bank (Ex-Im), and the bank’s future now sits in the hands of the U.S. Senate.
