Japan Airlines (JAL) has tentatively set the price for its initial public offering (IPO), scheduled for Sept. 19, at between ¥3,500 ($44.5) and ¥3,790 per share, according the multiple reports from Tokyo.
Air New Zealand (ANZ) posted better than expected results for its 2012 financial year and while net profits dipped 12%, the carrier said it expects to more than double earnings for the coming year.
US Airways (US) has agreed to cease union negotiations over terms of a potential merger with American Airlines (AA), the US Airline Pilots Assn. (USAPA) said.
A Vueling (VY) aircraft landed at Amsterdam’s Schiphol airport (AMS) Wednesday after reports that it had been hijacked were dispelled by the Spanish airline.
Air China (CA) has reported a first-half net profit of CNY945 million ($149 million), down 76.7% over a net income of CNY4.056 billion for the year-ago period, mainly due to weak cargo demand and high fuel prices.
China Southern Airlines (CZ) has reported a first-half net profit of CNY449 million ($70.8 million), down 83.7% compared to a net income of CNY2.75 billion in the year-ago period.
Lufthansa’s (LH) flight attendants, represented by the UFO union, could strike from Wednesday after the latest round of talks and a new pay offer failed to satisfy the union.
American Airlines (AA) earned a net profit of $135 million in July, the second straight month it has been in the black, according to a filing Monday with the US Securities and Exchange Commission.
The Lufthansa Group on Monday phased out the last of its Avro RJ85 at its CityLine subsidiary, after it completed flight LH1985 from Cologne to Munich.
Russia’s UTair (UT) has chosen CFM International’s CFM56-5B engine for its fleet of 20 Airbus A321 aircraft, part of an aircraft deal announced at the Farnborough Airshow.
Shanghai-based China Eastern Airlines (MU) has purchased a 20% stake in China United Airlines (KN) from parent company China Eastern Air Holding, giving it 100% ownership of KN.
Radixx International has appointed John Wensveen to head the company’s new Airline Advisory Services Division. He is a certified instructor with IATA and founder of airline consultancy Airline Visions. StandardAero named Raghunath Reddy as its Singapore GM. Reddy joins StandardAero from Singapore Aerospace Manufacturing where he served as director of operations.
Singapore Airlines (SQ) has contracted ONG&ONG, a Singaporean firm specializing in architectural and interior design, to develop a new concept for its lounges at airports around the world.
Las Vegas-based low-cost carrier Allegiant Air’s 350 pilots, previously non-unionized, have voted to join the International Brotherhood of Teamsters (IBT) union.
