Air Malta has more than halved its losses for the first quarter of FY2013/14, narrowing a deficit of €10.6 million ($14 million) for the year-ago period to €4.9 million for the April-June period this year.
Aeroflot has created a subsidiary named Taiga Airline, which was created by merging two Russian Far Eastern airlines, Vladivostok Avia and SAT Airlines.
Spring Airlines has applied to launch a low-cost carrier (LCC) in Japan, becoming the first Chinese carrier to set up a joint venture (JV) outside China.
Hard on the heels of its memorandum of understanding (MOU) to help modernize China’s air traffic management (ATM) system, Airbus has signed another MOU to extend its cooperation in aviation safety with the Civil Aviation Administration of China (CAAC) for a further five years.
Lithuanian start-up Air Lituanica has taken delivery of an Embraer E-175 from Embraer subsidiary ECC Leasing, marking the second addition to its fledgling fleet.
Icelandair is tapping a new Canadian air traffic agreement to add new links from Reykjavik to Edmonton and Vancouver in 2014, which it will serve using three additional Boeing 757s.
Negotiations toward a “potential combination” between UK-based BBA Aviation and “certain parts” of Dubai Aerospace Enterprise (DAE) have collapsed without a deal.
The world’s airlines posted a cumulative second-quarter net profit of $2.2 billion, a major improvement from the $622 million net loss reported in the year-ago quarter.
Scandinavian low-cost carrier Norwegian Air Shuttle is expanding its long-haul network with the addition of Boeing 787 services to Los Angeles, Oakland-San Francisco and Orlando, plus a new Copenhagen-New York route, from spring 2014.
The European Union will soften its stance on including international aviation in its Emissions Trading scheme (ETS) in a bid to help ICAO secure agreement on a global plan at the 38th ICAO General Assembly later this month.
Xi’an-based Joy Air plans to launch Hefei Airlines in conjunction with Hefei municipal government, according to Joy Air general manager Zhou Qingsheng.
Norwegian Air Shuttle has delayed the commercial debut of its second Boeing 787 by four days due to problems with warnings from its brake system. A Norwegian spokesman told ATW that the aircraft was due to enter service Sept. 2, operating flights from Stockholm to New York and Bangkok.
The Turkish Competition Authority has again placed Turkish Airlines under investigation after an Ankara Administrative Court moved to reassess a 2010 complaint lodged by Pegasus Airlines claiming Turkish had abused its dominant position in the market “by engaging in exclusionary practices with its outbound Istanbul Atatürk domestic and international flights.”
Latvia’s airBaltic has posted a second-quarter net profit of €1.37 million ($1.8 million), reversing a loss of €10.15 million during the same period last year, and exceeding its own forecasts.
Cathay Pacific Airways has filed a formal objection to the application for an air transport operating license by Qantas low-cost subsidiary Jetstar Hong Kong on the grounds it is not a Hong Kong-based airline.
