Airlines & Lessors

Turkish Airlines (TK) needs to double in size by 2020, CEO Temel Kotil told ATW.

American Airlines (AA) parent AMR Corp. incurred a third-quarter net loss of $238 million, widened 46.8% from a $162 million net deficit in the year-ago period.

EasyJet (U2) CEO Carolyn McCall is “very open” to pursuing further self-connecting initiatives, building on two existing ventures with Milan Malpensa Airport (MXP) and Emirates Airline (EK).

Lufthansa (LH) is seeking to unify standards for engines and cockpits across its group of five airlines to boost purchasing power, staff magazine Lufthanseat reported.

Airline partnerships and stretching the network are keys to moving forward, Etihad Airways (EY) president and CEO James Hogan said Tuesday.

Bahrain Air (BN) and Saudi Arabia’s Nas Air (XY) have reached a codeshare agreement.

Kenya Airways (KQ) believes new African rival FastJet will “get it right,” as it presses ahead with plans for its own Jambo Jet low-cost venture.

Hainan Airlines (HU) plans to invest more than CNY1 billion ($159 million) in its new subsidiary, Fuzhou Airlines, to be launched in conjunction with the Fuzhou provincial government.

Southwest Airlines (SWA) has named former US Federal Aviation Administration (FAA) administrator Randy Babbitt to SVP-labor relations.

Pinnacle Airlines, the wholly owned subsidiary of Pinnacle Airlines Corp., has reached a tentative agreement with its flight attendants—represented by the Assn. of Flight Attendants-CWA (AFA)—on concessions to emerge from Chapter 11 proceedings with a competitive cost structure.

AirAsia (AK) has confirmed it has pulled out of a possible Batavia Air (Y6) acquisition to focus management time on organic growth.

Air France (AF) has rolled out a new management structure as part of its Transform 2015 plan to achieve 20% efficiencies and restore profitability.

Austrian-based low-cost carrier FlyNiki (HG), an Air Berlin (AB) partner, may see its branding disappear as the integration process with the German carrier moves forward.

The Bahraini government has approved a BD185million ($494 million) cash injection for flag carrier Gulf Air (GF)—but the deal may include a radical restructuring.

American Airlines (AA) said it will install the same locking device to the seats on 49 of its Boeing 767s as was installed on 48 757s after recent incidents in which economy seats became loose during flights.

Milan airport operator SEA has won shareholder approval to list the company on the Italian stock market.

Kazakhstan-based Air Astana (KC) plans to launch an initial public offering (IPO) in 2013 to raise funds.

Low-cost carrier Norwegian Air Shuttle (DY) has created a long-haul subsidiary—Norwegian Long Haul—to accommodate the 2013 arrival of its first Boeing 787-8.

AirAsia (AK) has dropped plans to acquire Indonesian carrier Batavia Air (Y6) after they failed to reach an agreement, according to local news reports.

A Hyderabad, India, court has issued a warrant for the arrest of Kingfisher Airlines (IT) chairman and founder Vijay Mallya and five other IT executives for allegedly bouncing checks to the city’s airport operator.

Canada’s WestJet (WS) has named its new regional airline WestJet Encore.

South African Airways (SAA) said it is “very much business as usual” following the resignation of most of its board of directors.

The AviancaTaca group of airlines will unify all members under the single Avianca brand name starting in the first half of 2013.

Irish low-cost carrier Ryanair (FR) said it is proposing “radical remedies” to allay competition concerns in its bid to take over Aer Lingus (EI).

Armenian Armavia Airlines (U8), which is owned by local businessman Mikhail Baghdasarov, has been put up for sale.