Airlines & Lessors

American Airlines has decided to place 20 Embraer E-175 aircraft with Minneapolis-based regional carrier Compass Airlines, which will fly the 76-seat jets under the American Eagle brand starting in the 2015 first quarter.

Following a “long search and evaluation” of the Tigerair Mandala subsidiary of Singapore-based Tigerair, AirAsia said it has decided to pull back from any potential purchase of the Indonesian low-cost carrier (LCC).

SAS Scandinavian Airlines has announced plans to slash nearly 300 positions following the company’s second-quarter net loss of SEK800 million ($120 million), widened from a SEK405 million loss in the year-ago period.

Air France-KLM has launched a seven-year bond for €600 million ($813 million) as the carrier continues to actively manage its debt.

Global airport passenger traffic increased 6.7% year-over-year in April, gaining 4.3 points on March’s 2.4% performance, and improving on April 2013’s growth by 4.9 points.

Worldwide commercial airline passenger traffic, RPKs, load factors, and FTKs year-to-date.

UK regional carrier Flybe has hinted it is on the brink of announcing new codeshare deals and further network expansion after overhauling its network planning process.

Connections between Greece and the Gulf have increased noticeably after two carriers—Gulf Air and Aegean Airlines—have launched services between the region and Athens.

China Southern Airlines has launched a branch company in Shanghai to further explore China’s business capital market.

Russia’s Transaero Airlines is set to reopen Moscow-Taipei flights. From July, 3, the carrier will operate weekly Boeing 767-300 service between the cities.

Iberia and Interjet have signed a codeshare agreement linking 80 Iberia European cities with 24 Mexican cities on Interjet map.

United Airlines dispatchers have ratified a new joint labor agreement.

China Eastern Airlines has signed a deal for 80 Boeing 737 series aircraft, which includes 737 MAXs and 737-800s.

FAA and the European Aviation Safety Agency (EASA) have certified the Boeing 787-9 Dreamliner for commercial service.

Hungarian carrier Wizz Air decided to stop the planned initial public offering (IPO) at the last minute due to the “current market volatility in the airline sector.”

Air New Zealand CEO Christopher Luxon has confirmed to ATW it is expecting the first Boeing 787-9 delivery in early- to mid-July.

JetBlue Airways has launched its new premium service, Mint, on an Airbus A321 flying between New York JFK and Los Angeles (LAX).

UK regional carrier Flybe has unveiled a new purple livery, which will be gradually rolled out across its fleet over the next three years.

WestJet has launched daily Boeing 737-700 flights between St. John’s, Newfoundland and Dublin, its first-ever transatlantic service.

Philippine low-cost carrier (LCC) Cebu Pacific will operate direct flights from Manila to Sydney, Australia and Kuwait in September, to serve Filipino expatriates and open more opportunities for tourism.

United Airlines will launch daily Houston Intercontinental-Santiago, Chile service from Dec. 7, pending government approval.

Finnair has postponed its deadline for reaching an agreement with the Finnish Air Line Pilots Association (SLL) so it can get closer to its cost-savings target.

US Airways and the International Association of Machinists and Aerospace Workers (IAM) have reached tentative agreements on contracts covering approximately 11,000 mechanic and related, fleet service, maintenance training specialist and stock clerk employees.

Berlin-based Germania is expanding its operations from Hamburg. The carrier will launch weekly flights to Rhodos June 17.

U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. FACT: June 8, 2004 was the last day jet fuel prices were ever below $1 per gallon. Figures are released every two weeks by the U.S. Energy Information Administration.