Southwest Airlines is nearing the end of its required FAA certification process to launch Hawaii flights, and could launch service within weeks of getting final approval, top executives said.
International Airlines Group (IAG) has revealed that the data breach of its British Airways (BA) customer database in September 2018 affected more customers than previously believed.
Ireland-based LCC Ryanair has put in place another piece in its patchwork of new labor agreements with its staff across Europe, signing Collective Labor Agreements (CLAs) with Belgian unions CNE-CSC and LBC-NVK.
Southwest Airlines reported third-quarter 2018 net income of $615 million, a 16.5% increase from a $528 million net profit in the same period last year.
China’s Juneyao Airlines plans to begin intercontinental operations in June 2019 with a connection between Helsinki and the private carrier’s hometown, Shanghai.
Japan Airlines (JAL) is preparing for the introduction of Airbus A350s and Boeing 787s on its domestic routes in 2019, while also looking further ahead to the prospect of replacing its Boeing 767 fleet.
International Airlines Group fought off the effects of rising fuel prices and unfavorable currency movements to record a net profit (before exceptional items) of €1.14 billion ($1.3 billion) for 3Q 2018, almost exactly the same as the year-ago restated figure.
Alaska Air Group—parent of Alaska Airlines and Horizon Air— experienced a drop in net income for a third consecutive quarter, as the company struggled to generate enough revenues to offset higher fuel costs.
Fort Lauderdale-based Spirit Airlines reported a net profit of $97.5 million in the 2018 third quarter, up 38% from the $60.2 million reported in the same period last year, offsetting higher costs for jet fuel and personnel.
Finnair downgraded its full-year outlook after the airline’s third-quarter 2018 net profit fell 13.9% to €80.5 million ($91.9 million), driven by exceptional weather conditions, a shortage of spare engines, stiff intra-European competition and higher fuel costs.
Boeing Global Services (BGS) increased revenue 14% in the third quarter (Q3) to $4.1 billion, and the strong environment combined with the folding in of parts distributor KLX led the company to raise full-year revenue guidance $0.5 billion, to $16 billion-$16.5 billion.
The Russian aircraft industry went through another round of consolidation Oct. 25 as the country’s aircraft manufacturing conglomerate United Aircraft Corporation (UAC) fell under control of industrial giant Rostec.
Long-haul LCC Norwegian Air Shuttle, while reporting an 18% rise in the airline’s third quarter 2018 net profit, warned that high oil prices and a strong dollar will affect the entire aviation industry.
Qantas is confident it can largely recover fuel price increases thanks to strong passenger revenue trends, favorable economic conditions and healthy forward bookings.
Austrian communications and information systems developer Frequentis and the UAE General Civil Aviation Authority (GCAA) have entered into a memorandum of understanding to support current and future developments in airspace management.
