Despite generating more revenue than in any quarter in its history, a significant increase in fuel costs drove American Airlines’ second-quarter net profit down 35.5% year-over-year (YOY), leading the carrier to scale back capacity growth, defer 22 Airbus A321neo deliveries and make changes to its basic economy product.
Chief executive Nasreddin Ibrahim has confirmed the carrier will commence flights between Asmara and Addis Ababa, Ethiopia, effective August 1, reports ch-aviation.
Boeing executives remain confident in their ability to keep pushing 737 production rates higher while meeting delivery commitments, even as they acknowledge mounting pressure on their supply chain.
The European Union (EU) has published new rules, including provisions to support the mental fitness of air crew, psychological screening and drug and alcohol testing, in response to the 2015 Germanwings crash.
Fast-growing Norwegian has applied for a Swedish air operator’s certificate (AOC) in a bid to strengthen its foothold within the European Union (EU) and open up the possibility of increased traffic rights throughout Scandinavia to support expansion plans involving new destinations within and outside Europe.
Strength in the services segment and solid Boeing Commercial Aircraft volume helped Boeing offset nearly $420 million in KC-46 charges in the second quarter.
Oneworld connect partner Fiji Airways is considering possible investments and joint ventures (JV) with carriers in the South Pacific region, similar to what Ethiopian Airlines is doing on the African continent.
Boeing took a global social media audience to its production plant in Everett, Washington July 24 for an update on construction of the first 777X aircraft as the U.S. manufacturer transforms its legacy 777 line to the new generation models set to begin entry-into-service in 2020.
The ramp-up of geared turbofan (GTF) engine deliveries and stronger-than-expected aftermarket business for both Pratt & Whitney engines and UTC Aerospace Systems (UTAS) products helped United Technologies Corp. (UTC) boost second-quarter sales 9% and increase its full-year revenue guidance.
Irish LCC Ryanair has served 90 days “protective notice” on over 100 Dublin-based pilots and 200 cabin crew, in an escalation of a labor-relations dispute that will see it shift at least six Dublin-based aircraft to Polish charter carrier Ryanair Sun.
Hawaiian Airlines managed to increase its net profit in the second quarter, despite challenges, such as continuing volcanic activity on Hawaii’s Big Island, which has affected demand.
Allegiant Air has asked for a court order that would prohibit its pilots from striking over the lack of progress on a new scheduling system, claiming the move would violate their collective bargaining agreement (CBA).
The U.S. National Transportation Safety Board (NTSB) will hold an investigative hearing Nov. 14 focused on the CFM International engine model involved in an inflight engine failure earlier this year on a Southwest Airlines Boeing 737-700.
JetBlue, working to offset rising fuel costs and stagnating RASM, will trim fourth-quarter capacity and plans a series of “ancillary revenue” adjustments in the weeks ahead to help strengthen its bottom line, CEO Robin Hayes said.
Brazilian manufacturer Embraer delivered 28 commercial aircraft in the second quarter (2Q) of 2018, down 20% from a year ago, but doubling the number of deliveries made in 1Q 2018.
UK LCC easyJet, International Airlines Group (IAG), Irish LCC Ryanair and Central and Eastern European LCC Wizz Air have formally complained to the European Commission, arguing that frequent French air traffic control (ATC) strikes are restricting freedom of movement within the European Union (EU).
South Korean LCC Jeju Air has taken delivery of its first Boeing 737-800 ordered directly from the manufacturer, adding to the carrier’s existing fleet of leased 737s.
Qantas plans to deploy Boeing 787-9s on its routes to Hong Kong, in the latest phase of the carrier’s introduction of 787s to its international network.
