Azul Brazilian Airlines reported a BRL238.3 million ($61.6 million) net profit for the 2018 second quarter, reversing its BRL386 million net loss of 2Q 2017, as revenue generated by seven new Airbus A320neos offset rising fuel prices, a weakened Brazilian currency and a nationwide truckers strike.
The Bombay Stock Exchange (BSE) is seeking further information after Indian carrier Jet Airways delayed the release of its financial results for the quarter ended June 30.
A Travelport study has revealed that 55% of U.S. business passengers are willing to pay for travel upgrades out of their own pocket and 80% prefer to have direct control over their plans.
Aerospace company and aircraft lessor Dubai Aerospace Enterprise (DAE) has posted a $224 million pre-tax profit for the first half of 2018, up from $42.5 million for the comparable period in 2017, driven by the “smooth and successful integration” of leasing company AWAS.
Air Lease Corp. (ALC) said at least two of its Boeing 737s will be delivered late because of the manufacturer’s mounting production-line challenges, but is not anticipating significant, long-term disruptions.
Ryanair canceled around 400 flights in Europe Aug. 10, most of them in Germany, as pilots in five countries staged strikes to emphasize their claims against the airline.
Saudi Arabia’s aviation regulator, the General Authority of Civil Aviation (GACA), has selected SITA to support the modernization of the country’s airports.
UK-based easyJet plans to further expand its Switzerland operations by adding new services, including up to 3X-weekly Basel-Warsaw (Poland) and 4X-weekly Geneva-Warsaw flights beginning Oct 28.
Panama-based Copa Holdings posted a second-quarter 2018 net profit of $49.9 million, down 15% from $58.6 million in 2Q 2017, on the combined effects of rising fuel costs, weakened currencies in Brazil and Argentina, and a 90-day halt on all Copa flights to Caracas, Venezuela.
Chorus Aviation increased its second-quarter (2Q) adjusted net income 9% thanks largely to its growing aircraft leasing business, but unfavorable currency exchange rates helped dragged down the company’s year-over-year (YOY) 2Q net income down 61%.
Saudi Arabia’s aviation regulator, the General Authority of Civil Aviation (GACA), has selected SITA to support the modernization of the country’s airports, starting a major upgrade of airport and communication technology across 26 sites.
Italy’s government is considering involving national railway company Ferrovie dello Stato and public investment bank Cassa Depositi e Prestiti in plans to keep the bankrupt airline in Italian hands, Italian media reported.
As the Canadian ULCC market heats up, Air Canada said it is prepared to leverage the significant flexibility of its Rouge subsidiary to ward off competition, from adding flights in major domestic markets to re-configuring aircraft to match rivals’ all-economy offerings.
Chicago-based United Airlines, Colombia’s Avianca and Panamanian flag carrier Copa Airlines may form a three-way joint business agreement, according to statements released by the two Latin American airlines’ holding companies Aug. 8.
The predicted slowdown of the global air freight market became a clear trend in June, as year-over-year (YOY) growth in the total air cargo market slowed to 2.7%, about half the five-year average growth rate (5.1%), according to IATA’s June Air Freight Market Analysis.
In Namibia, there aren’t many people. This means, as Victoria Moores finds out, that Air Namibia acting managing director advocate, Mandi Samson, recognises the role played by every single member of her team in the airline’s success.
