China Eastern Airlines (MU) expects to post improved results in the second half, due to the recovering market demand and falling fuel prices, according to MU CEO Ma Xulun.
Bangkok Airways (PG) is planning to list on the Stock Exchange of Thailand in early 2013, to enable it to acquire aircraft and build a new hangar at Suvarnabhumi, president Puttipong Prasarttong-Osoth told ATW.
[CORRECTED] Etihad Airways (EY) reported second-quarter revenue of $1.25 billion, up 31% from $957 million year-over-year, contributing to a 30% increase in first-half revenues to $2.24 billion, compared to $1.73 billion in the year-ago period.
FedEx has completed the purchase of Brazilian logistics company Rapidão Cometa (RC), another in a string of buys the Memphis-based express operator has made in recent months to buttress its global network.
FastJet, the new African low-cost carrier backed by easyJet founder Stelios Haji-Ioannou, has selected Airbus A319s and is aiming for an October launch.
BBA Aviation Engine Repair and Overhaulhas named Lisa Cooper as regional sales manager-UK, Spain, Ireland and Portugal. Cooper joins BBA from H+S Aviation. Pattonair appointed Richard Hawkins as group quality director. Hawkins joins the global aerospace supply chain service provider from Rolls-Royce. IFP has hired Jackie Frimer as VP-worldwide business development. Frimer has more than a decade of experience in the inflight entertainment industry.
Ethiopian Airlines (ET) signed a seven-year contract with Abu Dhabi Aircraft Technologies (ADAT) earlier this month, to provide Integrated Component Solutions (ICS) to its Boeing 737NG fleet.
Irish low-cost carrier (LCC) Ryanair (FR) will reduce flights to Morocco following disagreements with the Moroccan governmental airport authority ONDA over handling charges.
The Austrian Airlines Group (OS) on July 1 transferred all flight operations—which includes a fleet of some 80 aircraft and 2,100 employees—to subsidiary Tyrolean Airways (VO).
Virgin America (VX) has reported a first-quarter operating loss of $49 million, a 65% worsening compared to the $29.5 million operating loss for the same period last year.
Aeroméxico (AM) will acquire $171 million in financing from Export-Import Bank (Ex-Im) to support the acquisition of Boeing 737s, as well as services and products by US-based providers.
Uruguay's government-owned Pluna Lineas Aereas Uruguayas (PU) will temporarily halt all operations, beginning at 9:20 p.m. local time (Montevideo) July 3 after its OFP workers’ union declared its intention to strike.
Qatar Airways (QR) is interested in launching a start-up carrier registered in Saudi Arabia, although such a move would depend on a “fundamental rethink” of the Kingdom’s aviation policy.
Qantas Group’s (QF) new low-cost subsidiary (LCC) Jetstar Japan (GK) has launched operations, joining four other Jetstar-branded airlines in Singapore, Vietnam, Australia and New Zealand.
ACE Aviation, former parent company to Air Canada (AC), has appointed Ernst & Young as liquidator and announced the resignation of all its directors and officers.
