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.
Air France-KLM Group reported a first-half net loss of €793 million ($1.05 billion) narrowed from a deficit of €1.27 billion for the same period last year.
Embraer posted a second-quarter net loss of $3.8 million, “primarily as a result of deferred income taxes generated by the appreciation of the US dollar [against the Brazilian real] during the period, which negatively impacted 2Q13 net income,” Embraer said in a statement.
The Civil Aviation Administration of China (CAAC) is planning to adopt a policy of encouraging domestic low-cost carrier (LCC) growth to fend off increased competition from the high-speed rail and foreign LCCs that are flooding the Chinese market.
Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported second-quarter net income of $105 million, down 5.4% compared to $111 million year-over-year.
Ukraine International Airlines has taken delivery of its first of four CFM56-7BE-powered Boeing 737-900s, which are configured with 20 business- and 159 economy-class seats.
Lufthansa Cargo is expecting to take delivery of the first of five Boeing 777Fs in mid- to late October, followed by a second delivery in November, a spokesperson of Lufthansa Cargo confirmed to ATW.
UK leisure carrier Jet2 recorded a pre-tax profit of £29.3 million ($45 million) for the year ended March 31, compared to £21.7 million for the previous period.
