Airlines & Lessors

By Polina Montag-Girmes
Russian tycoon Alexander Lebedev has sold 4.5% of its shares in Aeroflot.
Airlines & Lessors

Worldwide passenger traffic showed “strong demand” in September despite a slight drop from August traffic, according to IATA.
Airlines & Lessors

By Karen Walker
Since taking the role of Kuala Lumpur-based AAPA DG in November 2004, Andrew Herdman has expanded the organization’s role to ensure close relationships with regulators worldwide and other industry associations so that Asia-Pacific’s international carriers are well-informed and represented in global policy issues.Herdman spoke with ATW while attending the two-week ICAO Assembly in Montreal where the landmark accord on aviation emissions was reached.
ATW Opinion

By Alan Dron
You might think the dream of a small, but growing airline would be to be pitched against a weak national flag carrier. But Marwan Boodai, chairman of Jazeera Airways, would dearly like to see his country’s national airline, Kuwait Airways, become a lot stronger.
Airlines & Lessors

By Victoria Moores
Aer Lingus CEO Christoph Mueller has a lot on his plate right now. Like many European airline CEOs, he is driving his carrier to reduce its costs, but on top of this he has low-cost carrier Ryanair as a neighbor, rival, shareholder and would-be owner. Not many airline CEOs would want to trade places.
Airlines & Lessors

By Karen Walker
Airlines & Lessors

ON THE COVER 24 Cathay Pacific Airways Exclusive interview with Cathay’s top executives. By Karen Walker
Airlines & Lessors

By Alan Dron
Air France-KLM reported a third-quarter net profit of €144 million ($195.7 million), down 51% on last year’s third-quarter figure of €296 million.
Airlines & Lessors

Lufthansa Group reported a net profit of €247 million ($340 million) for the first nine months ended Sept. 30, down 64.6% from the year-ago period.
Airlines & Lessors

Japan Airlines (JAL) has reported a first-half net income of ¥81.9 billion ($834 million) for the period ended Sept. 30, down 17.8% from a year ago.
Airlines & Lessors

Lufthansa Group subsidiary Austrian Airlines reported a nine-month operating profit (before one-time effects) of €19.4 million ($26.23 million), improved by €10.3 million over the year-ago period.
Airlines & Lessors

Swiss International Air Lines reported an operating profit of CHF209 million ($233 million) for the first nine months, up 13% from CHF185 million for the same period last year.
Airlines & Lessors

Embraer has reported third-quarter net income of $52.9 million, down 19.1% from a net profit of $65.4 million in the prior-year period, as commercial aircraft deliveries lagged last year’s deliveries.
Aircraft & Propulsion

By Linda Blachly
Montreal-based Bombardier reported net profit of $147 million for the third quarter ended Sept. 30, down 14.5% from $172 million in the year-ago quarter.
Aircraft & Propulsion

By Polina Montag-Girmes
Russia’s Aeroflot reported a nine-month net income of RUB19.297 billion ($601 million) for the period ended Sept. 30, up 40% compared to the year-ago period.
Airlines & Lessors

By Alan Dron
Estonian Air posted a loss of €6.1 million ($8.4 million) for the first nine months of the year, narrowed from the €20.2 million loss for the year-ago period.
Airlines & Lessors

All Nippon Airways parent ANA Holdings has posted a net profit of ¥20 billion ($204.5 million) for the first half of its fiscal year ended Sept. 30, down 45.7% from the prior-year period, as expenses grew at nearly twice the rate of revenue.
Airlines & Lessors

Florida-based low-cost carrier (LCC) Spirit Airlines has earned a net profit of $61.1 million for the third quarter, nearly doubling net income of $30.9 million in the 2012 September quarter, on a 33.4% year-over-year jump in revenue to $456.6 million.
Airlines & Lessors

India’s flag carrier Air India is planning to beef up domestic capacity by leasing more Airbus A320s with sharklets and CFM56 engines.
Aircraft & Propulsion

By Alan Dron
Latvian airline airBaltic recorded a third-quarter net profit of €13.2 million ($18.2 million), reversing a €26.72 million loss into a net profit of €0.72 million in the nine months through Sept. 30.
Airlines & Lessors

China Eastern Airlines and Air China experienced a profit decline for the first nine months of the year.
Airlines & Lessors

Lufthansa will modify 157 of its Airbus A320 family aircraft—which connect its Frankfurt and Munich hubs with the European route network—to make them quieter.
Safety, Ops & Regulation

Lufthansa Cargo, which expected to take delivery of its first Boeing 777F in Frankfurt Nov. 1, will be delaying delivery until some minor rework repairs are made.
Aircraft & Propulsion

Japan Airlines (JAL), which placed its first-ever order with Airbus Oct. 7 for 31 A350 XWBs with options for a further 25 aircraft, explained to ATW the reasons behind that decision.
Aircraft & Propulsion