Airlines & Lessors

LATAM Airlines Group, parent of TAM and LAN Airlines, has chosen membership in oneworld over Star Alliance for both carriers.
Airlines & Lessors

By Alan Dron
With Europe suffering from one of the worst bouts of economic turmoil in recent history, it takes more than the luck of the Irish for a small airline from the continent’s westernmost fringes to make an impact on a new route.
Airlines & Lessors

With the approach of the 2012 Summer Olympics in London, Qantas added a special touch to the famous “flying kangaroo” emblem on one of its Boeing 747s—yellow boxing gloves were painted on the ‘roo’s paws. The symbol of a fighting kangaroo may be appropriate at more than one level as competition steps up on some of its most established routes. China Southern Airlines (CZ) is intensifying its focus on operations between Australasia and major European gateway cities as part of an overall strategy to grow its international network and attract more business travelers.
Airlines & Lessors

Air China and GA Telesis have launched a joint venture, Beijing Ji-An.
Airlines & Lessors

By Karen Walker
The US Dept. of Homeland Security (DHS) expects one in four passengers to qualify for expedited screening by the end of 2013, up from one in 12 last year.
Airlines & Lessors

FAA forecasted that US airlines’ collective traffic will increase at annual average rate of 2.8% over the next 20 years to reach 1.46 trillion RPMs by 2033.
Airlines & Lessors

Hainan Airlines parent HNA Group is planning to launch Heilongjiang Airlines in conjunction with the Heilongjiang provincial government.
Airlines & Lessors

Korean Air has submitted a bid to take a 44% stake in CSA Czech Airlines, according to multiple reports from Seoul and Prague.
Airlines & Lessors

International Lease Finance Corp. (ILFC) has entered into an agreement with American Airlines to buy and leaseback an additional 15 new Boeing 737-800s and one new 777-300ER. ILFC last year finished delivering 15 737-800s to American as part of a previous sale and leaseback agreement. The 737-800s included in the new deal are scheduled for delivery between May 2013 and December 2014. The 777 will be delivered later this month, ILFC said.
Airlines & Lessors

Perth-based Skywest Airlines reported consolidated net loss after tax of S$2.2 million ($1.8 million) for the half-year ended Dec. 31, 2012.
Airlines & Lessors

By Linda Blachly
Virgin Atlantic announced it will launch a regional carrier, Little Red, beginning March 31.
Airlines & Lessors

Austrian Airlines will join the All Nippon Airways (ANA)-Lufthansa joint venture (JV) on its daily Vienna-Tokyo Narita route from April 1.
Airlines & Lessors

Back in the late 1980s, Tom Horton and Doug Parker sat in nearby cubicles at American Airlines’ Dallas/Fort Worth headquarters offices, two young men just starting their careers in airline management. Neither could have imagined that a quarter century later they would be the key figures negotiating what is expected to be the last big US airline merger.
Airlines & Lessors

Sherwin-Williams Aerospace Coatings named Dewy Mullins OEM qualifications manager. Mullins joins the company from ChemAero Solutions where he served as president, responsible for OEM product qualification, product sales, and revenue growth for its North American commercial airline MRO market segment.
Airlines & Lessors

By Linda Blachly
Hawaiian Airlines Flight Attendants have ratified new contract terms covering the 16 new Airbus A321neo aircraft the airline has on order.
Airlines & Lessors

By Linda Blachly
ANA Group president and CEO Shinichiro Ito has been appointed president and CEO of ANA Holdings Inc., and chairman of All Nippon Airways.
Airlines & Lessors

Republic Airways Holdings (RAH) posted a 2012 net profit of $34.9 million, reversed from a net loss of $90.6 million in 2011.
Airlines & Lessors

Vueling reported annual net income of €28.3 million ($37.4 million), more than doubled from a €10.38 million profit in the year-ago period.
Airlines & Lessors

Virgin Australia reported first-half FY2012/13 net profit was A$23 million ($23.5 million), down 56% from A$51.8 million year-over-year.
Airlines & Lessors

By Victoria Moores
British Airways and Iberia parent International Airlines Group (IAG) reported a full-year net loss of €885 million ($1.2 billion).
Airlines & Lessors

Kurt Hofmann
Air Berlin has launched a new convertible bond of approximately €120 million ($156.8 million) with a maturity of six years.
Airlines & Lessors

By Alan Dron
Etihad Airways has purchased India’s Jet Airways’ three pairs of slots at London Heathrow airport for $70 million.
Airports & Networks

By Alan Dron
Bahraini flag-carrier Gulf Air said it is seeing the first results of its major restructuring program to restore profitability.
Airlines & Lessors

Kathryn M. Young
TAP Portugal reported annual net income of €15.9 million ($21 million), more than quadrupled from a €3.1 million profit year-over-year.
Airlines & Lessors

By Alan Dron
Airbus parent EADS reported a 2012 net profit of €1.22 billion ($1.59 billion), up 19% from 2011’s €1.03 billion.
Airlines & Lessors