Air Transport

JD AIRLINES, China leased 737-800BCF (30697; ex-China Southern) from AerCap.

IATA reports y-o-y global pax traffic rose 7.1% in September on 5.8% higher capacity; cargo rose 9.4%.

ALASKA AIR GROUP had $236m net income on $3.1b in 3Q24 vs $139m on $2.8b in 3Q23. It says Hawaiian's EBITDAR turned positive in 2Q24 and pretax results are expected to approach break even in 4Q24 with impact of A321 GTF engine-driven groundings fully resolved and majority of A330 Amazon freighter and 787 new fleet startup related costs completed.

RENEGADE AIR, Kenya leased ex-Ravn Alaska Dash 8-100 (392) from Avmax Aircraft Leasing.

FTAI AVIATION had $86.5m net profit on $466m revenues in 3Q24 vs $41.3m on $291m in 3Q23 (lease revenue +43%).

LAX handled 6.2m pax in September, up 0.3% vs September 2023; international traffic was up 2.6%.

RIYADH AIR (PIF), which plans mid-2025 startup, closed inaugural self-arranged Islamic Revolving Credit Facility for SAR 3b with eight banks: Arab National Bank, Al Rajhi Bank, Gulf International Bank, Emirates NBD, Riyad Bank, Banque Saudi Fransi, Saudi Awwal Bank and Saudi National Bank; facility includes a committed accordion option for SAR 2b.

ALLEGIANT AIR lost $7m on $549.1m revenues in 3Q24 vs $5.8m profit on $565.4m in 3Q23 and now has 122 aircraft.

Issues dragging down Hawaiian Airlines profitability have largely been resolved as the carrier makes progress in some financial metrics.

FTAI Aviation is eyeing expansion of its Montreal overhaul facility to include IAE V2500 capability to support its expanding portfolio for the narrowbody engine

Cargo carrier One Air says it has secured regulatory approvals China, Japan and Malaysia allowing the airline to boost its Asia-Pacific presence.

Sun Country's revenue diversification into charter and cargo operations should benefit the company as 2025 gets underway.

Royal Jordanian is pressing ahead with both route and fleet expansion plans despite the turmoil in the region around it, according to CEO Samer Majali.

A new report highlights the crucial role of so-called à la carte ancillary revenues—assigned seating, extra baggage and onboard meals and snacks—to airlines.

Distribution specialist APG is seeing a return of travel agency commissions, as airlines look to encourage bookings through the IATA-led new distribution capability.

Air China, China Eastern Airlines and China Southern Airlines have reported varying earnings results for the first nine months of 2024.

Comac has signed agreements with the Airport Authority Hong Kong (AAHK) and MRO provider HAECO to support the operation of the C919 narrowbody in Hong Kong.

The continued improvement in international passenger demand helped All Nippon Airways parent ANA Holdings post record revenues for the six months through Sept. 30.

Etihad Airways and Vietnam Airlines have signed an MoU for a potential agreement.

Emirates has introduced additional flights to Entebbe, Uganda; Addis Abba in Ethiopia; and Johannesburg, South Africa.

Aviation Week's Routes 360 Headlines on Wednesday 13 November 2024 covers the latest notable developments and key insights from Routes 360 members.

Hurricanes Helene and Milton have had an outsized impact on Allegiant Air operations, with about 25% of its seat capacity still affected to varying degrees.

Arab airlines have called on countries to encourage the use of sustainable aviation fuels through incentives, rather than the threat of financial sanctions.

Apparent strong demand in the U.S. domestic airline market in the first half of 2024 was in the “eye of the beholder,” Airlines for America says.

After being named Overall Winner at the Routes Awards in Bahrain, Newcastle International Airport told Routes what it meant to claim the title and the recent successes that led to this recognition.