[CORRECTED] Etihad Airways (EY) reported second-quarter revenue of $1.25 billion, up 31% from $957 million year-over-year, contributing to a 30% increase in first-half revenues to $2.24 billion, compared to $1.73 billion in the year-ago period.
FedEx has completed the purchase of Brazilian logistics company Rapidão Cometa (RC), another in a string of buys the Memphis-based express operator has made in recent months to buttress its global network.
FastJet, the new African low-cost carrier backed by easyJet founder Stelios Haji-Ioannou, has selected Airbus A319s and is aiming for an October launch.
BBA Aviation Engine Repair and Overhaulhas named Lisa Cooper as regional sales manager-UK, Spain, Ireland and Portugal. Cooper joins BBA from H+S Aviation. Pattonair appointed Richard Hawkins as group quality director. Hawkins joins the global aerospace supply chain service provider from Rolls-Royce. IFP has hired Jackie Frimer as VP-worldwide business development. Frimer has more than a decade of experience in the inflight entertainment industry.
Ethiopian Airlines (ET) signed a seven-year contract with Abu Dhabi Aircraft Technologies (ADAT) earlier this month, to provide Integrated Component Solutions (ICS) to its Boeing 737NG fleet.
Irish low-cost carrier (LCC) Ryanair (FR) will reduce flights to Morocco following disagreements with the Moroccan governmental airport authority ONDA over handling charges.
The Austrian Airlines Group (OS) on July 1 transferred all flight operations—which includes a fleet of some 80 aircraft and 2,100 employees—to subsidiary Tyrolean Airways (VO).
Virgin America (VX) has reported a first-quarter operating loss of $49 million, a 65% worsening compared to the $29.5 million operating loss for the same period last year.
Aeroméxico (AM) will acquire $171 million in financing from Export-Import Bank (Ex-Im) to support the acquisition of Boeing 737s, as well as services and products by US-based providers.
Uruguay's government-owned Pluna Lineas Aereas Uruguayas (PU) will temporarily halt all operations, beginning at 9:20 p.m. local time (Montevideo) July 3 after its OFP workers’ union declared its intention to strike.
Qatar Airways (QR) is interested in launching a start-up carrier registered in Saudi Arabia, although such a move would depend on a “fundamental rethink” of the Kingdom’s aviation policy.
Qantas Group’s (QF) new low-cost subsidiary (LCC) Jetstar Japan (GK) has launched operations, joining four other Jetstar-branded airlines in Singapore, Vietnam, Australia and New Zealand.
ACE Aviation, former parent company to Air Canada (AC), has appointed Ernst & Young as liquidator and announced the resignation of all its directors and officers.
