Turkish Airlines reported a TRY220.6 million ($126.4 million) consolidated net loss for the second quarter, increasing its first-half loss to TRY543.6 million.
Tiger Airways Holdings Ltd. appointed acting CEO Chin Yau Seng as the airline’s permanent CEO, effective Nov. 1. Chin, a former Silk Air CEO, been with the Singapore Airlines Group more than 15 years. Chin will succeed Tony Davis, who leaves the airline Nov. 1. Air Berlin appointed Marcus Puffer as manager of loyalty and partnerships Department. He will take up his post Nov. 1. Air Austral has taken delivery of the first of two Boeing 777-200LRs it has on order.
Cathay Pacific Airways (CX) will introduce premium economy to its fleet in the second quarter next year, the airline confirmed . In a statement Monday, CEO John Slosar said the new cabin would be introduced on all of the Hong Kong carrier’s long-haul routes: Ultra-long flights to Europe and North America and medium-haul services to Australia, the Middle East and other destinations.
Aegean Airlines (A3) reported a 19.8 million euro ($28.7 million) net loss for the 2011 first half, an improvement over the 32.6 million euro deficit incurred in the year-ago period, but warned it is heading for a full-year loss as Greek economic crisis continues to bite.
EasyJet deputy chairman David Michels stepped down Friday as the airline moved to avoid yet another lengthy dispute with Stelios Haji-Ioannou, the carrier’s founder and largest shareholder.
[CORRECTED VERSION] SAS Group’s Wideroe recorded its best six months in company history, with a pre-tax profit of NOK187.2 million ($34.5 million), more than tripled from the NOK61.8 million ($11.4 million) earned in the year-ago period.
Peru’s Ministry of Transport and Communication grounded Peruvian Airlines for safety reasons Aug. 18 for 90 days, according to the Aviation Safety Network (ASN).
Virgin Australia (VA) posted a loss of A$66.6 million ($69.75 million) for its fiscal year ended June 30 compared to a profit of A$21.3 million in the year-ago period.
Flybe Nordic, the new joint venture of Flybe and Finnair, will operate 416 weekly flights on 24 regional routes in the 2011-12 winter schedule, including all former Finnish Commuter Airline (Finncomm) routes plus nine new routes, the carriers announced.
China Southern Airlines (CZ) reported a net profit of CNY 2.755 billion ($531.6 million) for the first half of this year, up 32.71% over the CNY 2.076 billion earned last year.
China Southern Airlines (CZ) reported a net profit of CNY 2.755 billion ($531.6 million) for the first half of this year, up 32.71% over the CNY 2.076 billion earned last year.
Swiss International Air Lines (LX) CEO Harry Hohmeister told ATW the carrier is making further investments to compete against Gulf carriers and achieve the right size to compete in the tough European aviation environment.
AirAsia Group posted a slight increase of 0.06% in profit before tax of MYR145 million ($48 million) for the second quarter ended June 30, compared to the year-ago period.
Aer Lingus launched a new app and mobile website on which customers can plan and review flight details, check in, receive travel alerts, check real-time flight information and make a booking. The app is available for iPhone or Android as well as for Blackberry and Nokia phone users. Mobile and app check-in is available on routes between Dublin and London Heathrow, Gatwick, Manchester and Birmingham, and scheduled to be fully rolled out network-wide over the next couple of months.
Lufthansa Group carrier Austrian Airlines (OS) will fall short of its target for a full-year positive operating result, OS supervisory board chairman Stefan Lauer said on the sidelines of a LH Airbus A380 ceremony in Vienna Monday.
Air Lease Corp. (ALC) announced new lease placements and acquisitions of Boeing aircraft, including a long-term lease agreement with XL Airways Germany for one 737-800 currently on lease to Air Berlin, slated for delivery in March 2012.
