Russia’s Aeroflot (SU) will create a low-cost carrier if state authorities make changes in the air code allowing carriers to sell nonrefundable tickets, SU CEO Vitaly Saveliev said.
Germany’s Chancellor Angela Merkel and Turkey’s Prime Minister Tayyip Erdogan are reportedly discussing a possible partnership between Lufthansa (LH) and Turkish Airlines (THY).
Ryanair (FR) has reported a first-half profit of €596 million ($762 million), up 10% compared to the year-ago period, on revenues of €3.1 billion, up 15% year-over-year.
Iberia Maintenance has signed a five-year contract with GMF AeroAsia to exclusively service and maintain components for Garuda Indonesia’s new fleet of Bombardier CRJ1000 regional jets.
Latvian flag-carrier AirBaltic (BT) has posted a third-quarter net profit of LVL4.8 million ($8.9 million) in the third quarter and anticipates ending the year with figures that will outstrip its estimates.
Republic Airways Holdings (RAH), parent of Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America posted a third-quarter net income of $25.8 million, a $16.8 million increase over the prior year quarter.
Mexico’s domestic air traffic grew 9.1% in September year-over-year, while international traffic increased 6.6%, according to the Director General of Civil Aviation.
Flydubai has acquired a $117.5 million loan guarantee from the Export-Import Bank supporting exports of Boeing 737-800s. Lufthansa (LH) will begin testing hourly schedule intervals from Frankfurt to Hamburg, Berlin Tegel and Munich in the upcoming winter schedule. LH wants to deliver a more sustainable, easy-to-remember schedule for business travelers.
Air New Zealand (ANZ) has taken delivery of its first of seven ATR 72-600 aircraft, part of a deal that included five options, worth more than $270 million.
Delta Air Lines (DL) said it canceled flights due to Hurricane Sandy, which hit the US northeast early this week, will negatively impact their October revenues by $45 million and decrease October profit by $20 million.
Swiss regional carrier Darwin Airline (F7) is looking to add new aircraft, routes and partners, building on a recent non-equity alliance with Albanian low-cost carrier Belle Air (LZ).
JAL Group (JAL) has announced a ¥99.7 billion ($1.24 billion) profit for the first half of its 2012 fiscal year, a 2.3% improvement over the same period a year ago.
Singapore Airlines (SIA) reported net income of S$168.1 million ($137.8 million) for the first half of its 2012 fiscal year started April 1, down 30% from a net profit of S$238.9 million in the prior-year period, as revenue increased 4% year-over-year to S$7.57 billion.
Atlas Air Worldwide Holdings (AAWH), parent of Atlas Air and Polar Air Cargo, posted third-quarter net income of $33.9 million, up 20.2% over a net profit of $28.2 million in the prior-year period.
British Airways (BA) will drop its longstanding London Gatwick – Manchester (LGW-MAN) service March 31, citing deteriorating performance on the sector.
Lufthansa Group’s new business model for its non-hub, short-haul European operations is essential to the health of the overall company and its long-haul intercontinental business, LH Group chairman and CEO Christoph Franz said.
It looks like 2013 will be a year of change for Canadian commercial aviation: Air Canada (AC) plans to launch a new low-cost leisure carrier (LCC) while rival WestJet (WJA) is inaugurating a turboprop regional subsidiary.
