Russia’s Federal Air Transport Agency, Rosaviatsia, has banned its carriers from flying over Syria after a Nordwind Airlines Airbus A320 crew spotted combat activity and felt threatened during a flight from Sharm el-Sheikh to Kazan April 29.
Republic Airways—parent of Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America—reported first-quarter net income of $0.3 million, reversed from a net loss of $7.1 million in the year-ago quarter.
China Eastern Airlines reported a first-quarter net loss of CNY132.4 million ($21.3 million), reversed from a net profit of CNY266.5 million in the year-ago period.
Aeroflot will transfer some flights from Moscow Sheremetyevo to Vnukovo airport in the winter schedule 2013-14 due to infrastructure limitations at Sheremetyevo Airport.
Etihad Airways’ president and CEO James Hogan has numbers at his fingertips that speak of ambition, growth and deliverability. In 2012, the Abu Dhabi-based carrier recorded a $42 million profit, 200% higher than the previous year; revenues increased 17% to $4.8 billion; passenger numbers grew 23% to 10.2 million; and earnings before interest and tax rose 24% to $170 million.
All European airlines have been caught in the eye of the economic storm, but smaller carriers are finding the turbulent market conditions harder to weather than their larger counterparts. This is illustrated in a recent study by Hamburg-based aviation consultancy firm Prologis that revealed a third of Europe’s regional airlines have disappeared over the last five years, with the number of carriers tumbling from 195 to just 130 since 2008, resulting in 12,000 job losses.
Like the music after which it is named, Canada’s largest regional airline is versatile and adaptable, operating a diverse fleet of aircraft on one of the more distinctive route networks in the world. Flying as far south as US cities Houston and New Orleans and as far north as remote Canadian destinations Whitehorse, Yellowknife and Goose Bay, Jazz Aviation contends with a wide range of operating environments and serves a varied mix of passengers.
Japan Airlines (JAL) reported net income of ¥171.6 billion ($1.75 billion) for its full fiscal year ended March 31, down 8% from a net profit of ¥186.6 billion in the prior fiscal year, and said Tuesday that 787 service will resume June 1.
Turkish low-cost carrier (LCC) Pegasus Airlines has floated 34.5% of its share capital on the Istanbul stock exchange, completing its long-awaited initial public offering (IPO).
Thomas Cook Group—which detailed plans in February to reorganize its Belgian, German and UK airlines—has announced it will merge Frankfurt-based Condor Flugdienst GmbH and its wholly owned subsidiary Condor Berlin GmbH.
