Alitalia Group reported a third-quarter consolidated net income of €69 million ($95.9 million), up 76.9% compared to €39 million in the year-ago quarter.
Air China (CA) reported a third-quarter net income of CNY3.8 billion ($597 million), down by 26.5%, compared to CNY5.17 billion in the year-ago quarter.
United Continental Holdings (UCH), parent of merger partners United Airlines (UA) and Continental Airlines (CO), posted a third-quarter net profit of $653 million, down 23% from $852 million in pro-forma net income in the year-ago period.
The Transport Workers Union (TWU)—representing Qantas (QF) baggage handlers, caterers and ground staff union—has rejected a new pay offer from QF, setting the scene for more travel disruption.
Azul Linhas Aéreas Brasileiras has ordered 11 Embraer 195 jets, in an order valued at $497.2 million at list prices, Embraer said. Deliveries are scheduled to begin in 2013.
All Nippon Airways (ANA) fully expects to take delivery of 20 Boeing 787s by the end of March 2013, the airline’s president and CEO said during inaugural 787 passenger service ceremonies Oct. 26.
Boeing has reported third-quarter net income of $1.1 billion, or $1.46 per share, on revenue of $17.7 billion but concedes lower deliveries of 787s and 747-8s.
Pluna Lineas Aereas Uruguayas will launch domestic services in Chile in the 2012 first quarter. The airline will operate flights between Santiago (SCL) and Antofagasta, Calama and Concepcion.
Kuwait Airways (KU) employees called off plans for further strike action after reaching a deal between the union and the acting minister of communications Saleh al-Athaineh, the country’s official news agency Kuna reported.
Hong Kong-based Bravia Capital and Haikou-based HNA Group, parent of Hainan Airlines, said Monday they have acquired Istanbul-based all-cargo carrier ACT Airlines.
Though Delta Air Lines’ (DL) third-quarter fuel-related expenses increased 42% year-over-year, the Atlanta-based carrier said it offset 85% of a $1 billion impact of higher fuel prices and saved $100 million in fuel spend through hedging.
Atlas Air and Polar Air Cargo parent Atlas Air Worldwide Holdings (AAWH) last week finalized a new, five-year collective bargaining agreement with pilots and flight engineers from both subsidiary airlines.
KLM Group and its wholly owned subsidiary Martinair Holland reached an agreement in principle on the employment conditions of Martinair (MP) cabin crew transferring to KLM, De Unie union said, noting negotiations had been “lengthy and difficult.”
Dublin-based carriers Aer Lingus Group (EI) and Ryanair (FR) are once again embroiled in a dispute over EI’s larger pension deficit and the absence of dividend payments.
Alaska Airlines and Horizon Air parent Alaska Air Group reported third-quarter net income of $77.5 million, down 36.7% from $122.4 million in the year-ago quarter.
