International Airlines Group (IAG) on Friday reported a 26.2% drop in third-quarter consolidated net profit to €267 million ($367 million), compared to €362 million earned in the year-ago period. It cited increases in fuel costs for the decline.
Aer Lingus Group (EI) reported a third-quarter operating profit of €94.5 million ($130 million), after exceptional items, up 14.1% from €82.8 million earned on an operating basis in the year-ago period.
Air Berlin (AB) announced Helmut Himmelreich has been named COO, replacing Christoph Debus, who is leaving the company Dec. 31. Himmelreich is former AB chief maintenance officer. Longtime AB Technik management board member Marco Ciomperlik will replace Himmelreich.
Munich Airport (MUC) suffered heavy traffic delays Thursday after a Singapore Airlines (SIA) Boeing 777-300ER slid off the southern runway just after landing.
Asia Pacific airlines sustained growth in international passenger traffic during September, but international cargo declined, according to figures released Nov. 3 by the Assn. of Asia Pacific Airlines (AAPA).
Singapore Airlines (SIA) Group posted a net profit of S$238.9 million ($187.6 million) for its fiscal-year first half ended Sept. 30, down 62% from net income of S$632.7 in the year-ago period.
EasyJet (U2) said its new base at Lisbon airport (LIS) will officially open April 19 with two permanently based Airbus A319s and five new services to Amsterdam, Bordeaux, Copenhagen, Venice and Asturias.
Air France (AF) expects to operate a full schedule Thursday, following five days of disruptions owing to strike action called by some of the unions representing its cabin crew.
Financially troubled Air Berlin (AB) said it is in talks with Boeing and Airbus to delay aircraft deliveries as part of its Shape and Size cost-cutting program.
Hong Kong-based Cathay Pacific Airways (CX) has taken delivery of its first Boeing 747-8 freighter, making it the first carrier in Asia/Pacific region to operate the aircraft.
Surging costs sent Utah-based SkyWest Inc.'s third-quarter net earnings tumbling to just $116,000, significantly lower than the $25.5 million net profit it posted in the year-ago period.
Turkish Airlines (TK) CEO Temel Kotil told ATW in Istanbul that TK's hub at Istanbul Ataturk, which handles about 32.9 million passengers per year, is too small and has hindered the carrier's growth strategy. Kotil said TK already occupies "75% of the airport capacity," adding, "Experts say in five years from now [a] new airport will be ready." He said the final location for the new airport will be selected soon and construction is likely to begin by year end.
Ryanair (FR) will set up a base at Karlsruhe Baden-Baden (FKB) in March with two Boeing 737-800s, despite its strong criticism of the German government’s eco-tax.
A LOT Polish Airlines (LO) Boeing 767 originating from Newark made an emergency landing Tuesday at Warsaw Chopin Airport (WAW) following a central hydraulic system failure.
Singapore Airlines (SQ) has revealed its new long-haul, low-cost carrier (LCC) will be named “Scoot” and will operate four Boeing 777-200s to be purchased from the parent company.
Shanghai-based China Eastern Airlines (MU) and Hainan Airlines (HU) reported third-quarter profit increases owing to the continuous robust growth of domestic market demand.
Qantas (QF) confirmed to ATW that the Australian Federal Police (AFP) is investigating the alleged sabotage of one of its 265-seat Boeing 767s in Brisbane Oct. 26 while the aircraft was undergoing upgrade work.
Russian airlines carried 49.37 million passengers from January to September this year, up 12.8% compared to the same period last year, according to figures published by Rosaviatsia—Russia’s Dept. of Aviation/Ministry of Transport.
Virgin America named Luanne Calvert VP-marketing. Calvert formerly served as digital marketing strategy consultant with Louis Vuitton Moet Hennessy's Fendi and Moleskine brands andas creative director at Google. Jet Midwest Technik named Tom Corum VP-business development. Formerly, Corum spent three years in the financial services and business brokerage industry, and previously served more than 30 years in the aviation industry, including 22 years at Trans World Airlines.
