Atlas Air Worldwide Holdings (AAWH), parent of ACMI cargo carriers Atlas Air and Polar Air Cargo, announced Thursday that its Atlas Air unit has inked an agreement with Etihad Airways to provide Boeing 747-400 freighter service for Etihad Cargo.
Air Canada (AC) reported a first-quarter net loss of C$210 million ($213 million), widened from a C$19 million net loss in the 2011 March period, and acknowledged that recent labor unrest has been damaging to AC’s company culture and public brand.
The Qantas Group (QF) will defer deliveries of its Airbus A380s as it moves to further reduce capital expenditure in 2012-13, the company said in a statement.
SkyWest Inc., the Utah-based parent of regionals SkyWest Airlines and ExpressJet, reported a first-quarter net loss of $682,000 compared to a net loss of $11.1 million in the year-ago period.
Qantas Group’s new low-cost subsidiary (LCC) Jetstar Japan (GK) has taken delivery of its first Airbus A320, as the Japanese LCC prepares to launch domestic services July 3, several months ahead of schedule.
Cargolux Airlines International elected SVP Richard Forson to CFO, succeeding former CFO David Arendt. Virgin Atlantic selected Greg Dawson as director-corporate communications, effective June 7. Dawson is currently director-communications for Travelodge Hotels. Virgin America named Jim Davis as VP-airports and guest services. Davis joins the carrier with more than 25 years at Hawaiian Airlines, the former Northwest Airlines and Delta Air Lines.
US Airways (US) has priced two offerings of enhanced equipment trust certificates at approximately $623 million to refinance two Airbus aircraft and to finance 12 Airbus aircraft scheduled for delivery between September and March 2013.
Florida-based Spirit Airlines (NK) reported first-quarter net income of $23.4 million, almost tripled from a net profit of $7.9 million in the year-ago period.
SAS Scandinavian Airlines (SK) has announced the latest step in its strategy of focusing on its core airline business through the divestiture of six properties at Swedish airports.
American Airlines (AA) parent AMR Corp., which is restructuring via the Chapter 11 bankruptcy process, on Tuesday announced it will eliminate five manager positions as part of the third phase of restructuring.
