ANA Group plans to launch a new Japanese low-cost carrier, acquire Pan Am Holdings and order three new Boeing 777-300ERs and a 767-300F under its 2013-15 corporate strategy.
Japan’s All Nippon Airways posted a first-quarter fiscal net loss of ¥6.6 billion ($67 million), reversed from a net profit of ¥668 million in the year-ago quarter, ending June 30.
Tianjin-based Okay Airways, which is awaiting regulatory approval to launch a regional venture, is now seeking to expand into the international market.
Express freight specialist TNT Express dropped sharply into deficit for the second quarter, recording a post-tax loss of €303 million ($401 million) compared to a profit of €38 million for the same period last year.
Republic Airways Holdings—parent of Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America—has reported second-quarter net income of $70.3 million, a 7.8% increase from $65.2 million in the year-ago quarter.
Rolls-Royce Civil Aerospace division recorded a 6% increase in revenue to £3.2 billion ($4.9 billion) for the first half compared to the same period in 2012.
Gulf Air said it has narrowed its first-half losses by more than 50% over the year-ago period and that its major restructuring program remains on track.
Kenya Airways, a SkyTeam global alliance member, is on an expansion plan and preparing for its first Boeing 787 to be delivered next year. ATW European bureau chief Victoria Moores spoke with CEO Titus Naikuni in Nairobi.
