Airlines & Lessors

Alitalia has gone outside the aviation industry for its new CEO, Gabriele Del Torchio, who has already taken up his duties.

Russian tycoon Alexander Lebedev has sold Red Wings Airlines for a symbolic RUB1 ($0.0318) to GHP Group and businessman Sergey Kuznetsov.

Low-cost carrier Norwegian Air Shuttle is launching a subsidiary, Norwegian Cargo, to accommodate growing international markets.

Air Canada estimated it will incur a net loss of C$260 million ($253.4 million) for the first quarter, slightly narrowed from a net deficit of C$274 million in the 2012 first quarter, in preliminary results released Monday.

Airbus has rolled out the vertical tail section for the first A380 for Qatar Airways at the manufacturer’s facilities in Hamburg.

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US Mishandled Baggage February 2013

China Southern Airlines subsidiary Xiamen Airlines plans to introduce its first Boeing 787 in July 2014, as scheduled, to facilitate international expansion plans.

Iberia has offered to abandon a 4% pay cut if its unions agree to further productivity improvements.

[UPDATED] Verdi, the union representing 33,000 Lufthansa Group staff, has called for its ground workers strike Monday after rejecting the airline’s latest contract offer.

Frankfurt Hahn-based Air Cargo Germany suspended all operations April 18.

EasyJet has selected John Barton as its new non-executive director and chairman, replacing Mike Rake, effective May 1.

South African Airways (SAA) has named former Airports Co. South Africa executive Monwabisi Kalawe as its CEO designate following months of management turmoil.

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American Airlines parent AMR Corp. reported a first-quarter net loss of $341 million, significantly improved over a $1.66 billion net deficit in the year-ago period, and earned an operating profit in the quarter.

Lufthansa has received permission from Chinese authorities to fly its 526-seat Airbus A380 on 5X-weekly Frankfurt-Shanghai Pudong service from Sept. 26.

Norwegian Air Shuttle reported sharply improved first-quarter figures, although the low-cost carrier still recorded a deficit for the period.

Verdi, the union representing 33,000 Lufthansa Group ground workers, has rejected the airline’s latest contract offer as “unacceptable.”

Icelandair and Canadian low-cost carrier WestJet have signed an interline agreement.

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