Asiana Airlines (OZ) has posted a third-quarter consolidated net profit of KRW80.2 billion ($73 million), a turnaround from a net loss of KRW34.7 billion for the same period a year ago.
Taiwanese airline TransAsia Airways (GE) has placed a follow-on order for six Airbus A321neos, which will be powered by Pratt & Whitney PW1100G engines.
Calgary-based carrier WestJet (WS) reported a third-quarter net income of C$70.6 million ($70.96 million), up 79.9% from a C$39.3 net profit in the year-ago quarter.
Utah-based SkyWest Inc., parent company of SkyWest Airlines and ExpressJet, reported a third-quarter net income of $20.9 million, up significantly from a $116,000 profit in the year-ago period
Aer Lingus (EI) reported a third-quarter operating profit of €90.9 million ($116.3 million), down 2.9%, compared to €93.6 million in the year-ago quarter.
Kenya Airways (KQ) reported first-half revenue of KES49.8 billion ($571 million), down 9.35% from KES54.9 billion in the year-ago period, resulting in a first-half pre-tax loss of KES6.6 billion.
BBA Aviation Engine Repair and Overhaul named Wayne Thomson regional field service engineer-Australasia. Prior to this appointment, he spent 14 years at Pratt & Whitney Canada in its Brisbane-based overhaul, repair and field service operation. Safran Engineering Services elected Bruno Bernard as president, replacing Bruno Bergoend who was named CEO of Technofan. Bergoend replaces Thierry Lasbleis who was appointed special advisor to Turbomeca’s corporate management.
South African low-cost carrier (LCC) 1time Airline (T6) has gone into liquidation, grounding all of its operations and stranding hundreds of passengers.
Kenya Airways (KQ) is still evaluating the launch of budget arm Jambo Jet and has recently secured approval for the carrier as a Boeing 737-300 operation.
Air Berlin (AB) has taken legal action against Berlin Brandenburg Airport operator Flughafen Berlin Brandenburg GmbH (BER) for damages resulting from the airport’s delayed opening.
International Airlines Group (IAG), parent company of British Airways (BA) and Iberia (IB), is considering the purchase of Spanish low-cost carrier Vueling (VY).
China Southern Airlines (CZ) subsidiary Xiamen Airlines (MF) is expected to formally join SkyTeam alliance Nov. 21, paving the way for its ambitious international expansion.
Chinese sovereign wealth fund China Investment Corp. (CIC) has purchased a 10% stake in Heathrow Airport Holdings (formerly BAA) through its wholly owned subsidiary Stable Investment Corp. Stable bought a 5.72% stake of FGP Topco, the holding company that owns Heathrow Airport Holdings, from the company’s largest shareholder Ferrovial for £257.4 million ($414.4 million). As part of the same transaction and at the same share price, Stable purchased a further 4.28% from other FGP Topco shareholders for £192.6 million.
Finavia has become the first airport operator in Northern Europe to adopt collaborative decision making (CDM) in a bid to reduce delays, optimize resources and boost cost-efficiency at Helsinki Airport (HEL). Airport CDM (A-CDM) improves the exchange of information between key partners at an airport, facilitating better decision making, based on more accurate and timely information. It can improve operational efficiency by cutting delays, improving predictability and optimizing the use of resources.
Russia’s Aeroflot (SU) is ready to decline its monopoly on 34 international destinations, SU CEO Vitaly Saveliev said during a meeting with Russian president Vladimir Putin.
Pinnacle Airlines flight attendants have ratified the tentative agreement reached last month on concessions to emerge from Chapter 11 proceedings with a competitive cost structure.
UK low-cost carrier easyJet (U2) anticipates flying a substantial proportion of business passengers on its new London Gatwick (LGW)-Moscow Domodedovo (DME) service.
Russian airlines carried 57 million passengers during the first nine months of the year, up 15.2% over the year-ago period, Russian Federal Air Transport Agency/Rosaviatsia said in a statement.
Fastjet, the African low-cost carrier backed by easyJet founder Stelios Haji-Ioannou, has unveiled its new brand and will begin selling tickets next week.
Russia’s UTair Aviation (UT) and VEB-Leasing have signed a financing deal for the delivery of 20 Airbus A321s the carrier ordered at the Farnborough Airshow.
