Air Canada (AC) executive VP and CFO Michael Rousseau told investors Wednesday the Montreal-based airline will launch a subsidiary low-cost carrier (LCC) next year with a branding announcement to come “within a couple of weeks.”
American Airlines (AA) said it will notify about 11,000 employees they are in danger of being furloughed within 60 to 90 days, but added it expects just 4,000 workers receiving the notices to actually be laid off.
Norwegian Air Shuttle (DY) CEO Bjorn Kjos expects to see a change in traffic flows when the Scandinavian airline launches low-cost, long-haul services in approximately one year.
The CEO of Spanish low-cost carrier (LCC) Vueling (VY) has given the clearest indication yet that the approaching Bombardier CSeries is a serious contender for the airline's fleet re-equipment program.
UK low-cost carrier easyJet (U2) foresees a large low-cost market for its proposed London-Moscow route if it succeeds in winning new slots for the sector.
Etihad Airways (EY) is exploring potential commercial partnerships with South American-based carriers in a bid to “expand its footprint” in the region, according to president and CEO James Hogan.
Nordic Aviation Capital has named Kim Graven-Nielsen as its new CEO and Soren Overgaard as CFO. Lufthansa Systems AG extended the appointment of CEO Stefan Hansen to June 30, 2018. It also elected Simone Menne, CFO of Deutsche Lufthansa AG, as its chairperson effective immediately. StandardAero has elected former VP-turboprops and fleets Tom Roche to VP-customer support and former VP-operations Alain Berube as VP and GM-turboprops and fleets.
AeroLogic (3S), a joint venture of Lufthansa (LH) Cargo and DHL Express, sees “no end in sight” to its ban from flying in Russian airspace on flights from Europe to Asian destinations due to Russia’s opposition to the European Union’s Emissions Trading Scheme (EU ETS).
Virgin Atlantic (VS) is planning to relocate its Japanese operation from Tokyo Narita (NRT) to Haneda (HND), which is much closer to the city center, in time for the summer 2014 season.
FastJet, the African low-cost carrier backed by easyJet founder Stelios Haji-Ioannou, has identified Dar es Salaam (DAR), Tanzania, as its first operating base.
Delta Air Lines’ (DL) fleet restructuring plan will leave it with 15% fewer aircraft but capacity will be maintained at current levels, a company executive said Monday.
LOT Polish Airlines confirmed its first Boeing 787 will join the fleet in mid-November. The aircraft will enter schedule services on the Warsaw (WAW)-Chicago O´Hare route from Jan. 16, 2013.
SkyWest has approved an agreement with Raymond James & Associates to repurchase up to 6.5 million shares of SkyWest common stock. The repurchases were permitted to begin 30 days from Friday and may be purchased in the open market or privately negotiated transactions. Japan Airlines launched JAL Sky Project, a revamp of its inflight products and services on international routes. Under the project the carrier will first install seat design changes to 13 Boeing 777-300ERs.
Kazakhstan-based Air Astana (KC) sees no need for joining a global alliance as the rapidly expanding carrier offers a “unique network in this part of the world,” KC president Peter Foster told ATW.
