[UPDATED] As Calgary-based WestJet announced its “best ever quarterly earnings for the third consecutive quarter,” it entered into an agreement with Boeing to purchase 10 737-800 NextGen aircraft in 2014 and 2015.
Hainan Airlines plans to rebrand its subsidiary West Air as a domestic low-cost carrier (LCC) to be better positioned in the West China market, according to Hainan president Wang Yingming.
Rolls-Royce has appointed Tony Wood to be the next president of its Aerospace division, replacing Mark King, who has resigned after four months in the role.
Russia’s Federal Air Transport Agency, Rosaviatsia, has delayed its decision to renew Red Wings’ air operator’s certificate (AOC) until the middle of May.
SAS Scandinavian Airlines has agreed to sell 80% of its shares in regional subsidiary Widerøe to a group of Norwegian investors for approximately SEK2 billion ($307 million) as part of its ongoing efforts to cut costs and return to profitability.
Lufthansa said it would stand by former CEO Wolfgang Mayrhuber just hours after he withdrew his candidacy to become Deutsche Lufthansa AG supervisory board chairman.
In a move to bring Indian air fare structures in line with most of the world, the Directorate General of Civil Aviation (DGCA) is allowing carriers to unbundle their fares and services.
Polar Air Cargo and Atlas Air parent Atlas Air Worldwide Holdings earned first-quarter net income of $20.1 million, up 57% over a net profit of $12.8 million in the year-ago period, on a 5% rise in revenue to $377.3 million.
Shoreham-based carrier Brighton City Airways has been forced to suspend its recently launched services to Paris Pontoise due to lack of customs and immigration facilities at the French airport.
Just hours after Lufthansa’s former CEO Wolfgang Mayrhuber withdrew his candidacy to become Deutsche Lufthansa AG supervisory board chairman, Lufthansa announced it would stand by him.
Lufthansa’s former CEO Wolfgang Mayrhuber has withdrawn his candidacy to become Deutsche Lufthansa AG supervisory board chairman due to criticism from shareholders.
Air Canada, coming off a loss-making first quarter, is counting on the development of its international network to enable it to eventually achieve “sustained profitability.”
Air France-KLM Group reported a first-quarter negative net income of €630 million ($827.6 million), widened from a loss of €379 million in the year-ago period.
Qatar Airways has reportedly said it would receive compensation from Boeing for the Jan. 16 grounding of the carrier’s five 787s, which should be placed in service with battery system modifications before the end of the month.
Improvement in air cargo traffic growth “has stalled,” IATA reported, citing a 2.3% year-over-year decline in total global airfreight traffic in March.
