Delta Air Lines (DL) said it canceled flights due to Hurricane Sandy, which hit the US northeast early this week, will negatively impact their October revenues by $45 million and decrease October profit by $20 million.
Swiss regional carrier Darwin Airline (F7) is looking to add new aircraft, routes and partners, building on a recent non-equity alliance with Albanian low-cost carrier Belle Air (LZ).
JAL Group (JAL) has announced a ¥99.7 billion ($1.24 billion) profit for the first half of its 2012 fiscal year, a 2.3% improvement over the same period a year ago.
Singapore Airlines (SIA) reported net income of S$168.1 million ($137.8 million) for the first half of its 2012 fiscal year started April 1, down 30% from a net profit of S$238.9 million in the prior-year period, as revenue increased 4% year-over-year to S$7.57 billion.
Atlas Air Worldwide Holdings (AAWH), parent of Atlas Air and Polar Air Cargo, posted third-quarter net income of $33.9 million, up 20.2% over a net profit of $28.2 million in the prior-year period.
British Airways (BA) will drop its longstanding London Gatwick – Manchester (LGW-MAN) service March 31, citing deteriorating performance on the sector.
Lufthansa Group’s new business model for its non-hub, short-haul European operations is essential to the health of the overall company and its long-haul intercontinental business, LH Group chairman and CEO Christoph Franz said.
It looks like 2013 will be a year of change for Canadian commercial aviation: Air Canada (AC) plans to launch a new low-cost leisure carrier (LCC) while rival WestJet (WJA) is inaugurating a turboprop regional subsidiary.
In September, rows of passenger seats came loose on three separate American Airlines’ Boeing 757 flights. For the airline, which this month will hit the one-year mark of its Chapter 11 bankruptcy restructuring, the incidents proved a bit too symbolic.
Abu Dhabi-based Etihad Airways (EY) has been forced to postpone the launch of flights to Addis Ababa, which were scheduled Nov. 2, until further notice.
EasyJet (U2) has been awarded rights to operate between Milan Linate (LIN) and Rome Fiumicino (FCO), bringing to an end Alitalia’s (AZ) monopoly on this key Italian route.
International Lease Finance Corp. (ILFC) has reached an agreement with Fort Lauderdale, Fla.-based Spirit Airlines for the lease of five Airbus A320neo aircraft.
Fort Lauderdale, Fla.-based low-cost carrier (LCC) Spirit Airlines (NK) reported net income of $30.9 million for the third quarter, up 11.7% from the $27.7 million earned in the third quarter 2011.
All Nippon Airways (ANA) reported net income of ¥36.9 billion ($463.4 million) for the first half of its 2012 fiscal year started April 1, up 61.6% over a net profit of ¥22.8 billion in the first six months of FY2011, as revenue lifted 6.9% to ¥753.2 billion.
Air France-KLM (AF-KLM) reported a nine-month net loss of €957 million ($1.2 billion), widened 74% against a €550 million loss for the comparable period in 2011, due primarily to restructuring charges.
Air France (AF) is pursuing Airbus for lost revenues following a number of technical issues with its Airbus A380 fleet, including those related to wing cracks.
Virgin Group chairman Richard Branson has indicated that Virgin Atlantic Airways (VS), long known for its independent streak, is closing in on a decision to join a global alliance.
