Thai Airways, which is due to receive its first Boeing 787-8 in May 2014, has sought reassurances from Boeing following 787 reliability issues among existing operators.
Air Canada reported a third-quarter net income of C$299 million ($290 million), a 16.7% drop from the net income of C$359 million in the year-ago quarter.
Indian low-cost carrier (LCC) SpiceJet has reported a net loss of Rs5.59 billion ($90 million) for the second quarter ended Sept. 30, widened from a loss of Rs1.6 billion for the year-ago period.
Luxembourg-based Luxair will finalize its future fleet strategy by mid-2014, with the Bombardier CSeries and Q400, Embraer E2 and the Mitsubishi Regional Jet (MRJ) emerging as possible contenders.
Dubai-based budget carrier Flydubai has signed an agreement with five regional and international banks for $228 million to finance six new Boeing 737-800 aircraft.
While recent trends of strong air travel demand continue, IATA has reported a “slight slowdown” in global passenger traffic in September, with overall RPKs rising 5.5% year-over-year and capacity increasing 5.3%, delivering a total market load factor of 80.3%.
Republic Airways Holdings—parent of US carriers Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America—has reported a third-quarter net loss of $13.8 million, reversed from a $25.8 million net income in the year-ago quarter.
The European Commission (EC) has opened an in-depth investigation to assess whether a €200 million ($270 million) government aid package for state-owned LOT Polish Airlines complies with European Union (EU) rules.
Air New Zealand CEO Christopher Luxon has confirmed its first Boeing 787-9 route will be between Auckland and Perth in Western Australia when the airline takes delivery of the aircraft next year.
Aer Lingus CEO Christoph Mueller has warned that European carriers would be forced to cease their Asian services within 24 months if Gulf carriers are able to secure more liberal traffic rights.
Japan Airlines (JAL) is “very disappointed” about last month’s announcement by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) that it had been awarded only five of 16 additional slots at Tokyo Haneda Airport.
SkyWest Inc., the parent of St. George, Utah-based SkyWest Airlines and Atlanta-based ExpressJet Airlines, has reported a third-quarter net profit of $26.4 million, up 26.1% from the year-ago quarter’s net income of $20.9 million.
Shanghai-based Juneyao Airlines is planning to launch a Guangzhou-based low-cost carrier (LCC)—initially to be named Jiuyuan Airlines—to tap into the labor market in the Pearl River region.
Flybe non-executive chairman Jim French has stepped down effective immediately, completing a total management overhaul at Europe’s largest regional airline.
International Airlines Group (IAG) CEO Willie Walsh expressed strong criticism of a plan to rescue Alitalia, saying the Italian carrier’s continued existence—with help from the Italian government—is “distorting” the European airline market.
