Lufthansa Cargo, which rebounded from a €171 million ($242.1 million) operating loss in 2009 to post a €310 million operating profit in 2010, is eyeing future growth.
AirAsia Inc., the Philippines-based affiliate of AirAsia Group announced late last year, will be based at Clark’s Diosdado Macapagal International Airport, the former Clark Field air force base, AirAsia Group said Thursday.
Turkish Airlines reported 2010 net income of $191 million, down 48.3% from a $369.5 million net profit in 2009, marking the second consecutive year the carrier's net earnings dropped by around 50% year-over-year.
AirAsia Inc., the Philippines-based affiliate of AirAsia Group announced late last year, will be based at Clark’s Diosdado Macapagal International Airport, the former Clark Field air force base, AirAsia Group said Thursday.
Lufthansa Cargo, which rebounded from a €171 million operating loss in 2009 to post a €310 million ($440.8 million) operating profit in 2010, is eyeing future growth.
Technology solutions provider Mercator on Wednesday announced plans to develop an ICAO-compliant next-generation safety data management system for the airline industry and said that Emirates Airline will be the pilot customer. The system will be designed to integrate risk management across all areas of a business, and is intended to result in higher performance and reduced cost, said Mercator, which is also a unit of the Emirates Group.
Shanghai-based Spring Airlines will postpone the opening of Shanghai-Kagawa service scheduled for March 27, owing to the crisis in Japan. “We are not sure when to open the new route and I think it won’t be opened within 45 days,” Spring Chairman Wang Zhenghua said, noting the carrier also suspended operation of its Shanghai-Ibaraki route. Wang stressed the carrier is still optimistic about the Japan market and won’t change its capacity allocation plan in Japan.
Virgin Blue warned that it will post a A$30 million ($30.3 million)-A$80 million net loss for its full fiscal year ending June 30, owing to natural disasters and soaring fuel prices.
Virgin Blue warned that it will post a A$30 million ($30.3 million)-A$80 million net loss for its full fiscal year ending June 30, owing to natural disasters and soaring fuel prices.
Israel’s Civil Aviation Authority is revoking the operating license of Sun D'Or International Airlines as of April 1, owing to noncompliance with international aviation standards.
United Continental Holdings said Tuesday that subsidiary Continental Airlines has signed a letter of intent with LiveTV to offer inflight Wi-Fi via Ka-band beginning next year. It plans to offer the service on more than 200 Boeing 737 and 757 aircraft operating domestically and equipped with DirecTV satellite-television. Passengers will have access to onboard connectivity and more than 95 channels of live television, UCH said.
Southwest Airlines is "anxious to have some answers this year" regarding a narrowbody replacement, Chairman, President and CEO Gary Kelly said Tuesday at the JP Morgan Aviation, Transportation and Defense Conference in New York, available via webcast.
Delta Air Lines said Tuesday it is cutting Japan capacity by 15%-20% through at least May, including immediately dropping flights from Detroit and Los Angeles to Tokyo Haneda.
Nigeria-based Arik Air entered into a joint venture agreement Friday with the government of Sierra Leone to incorporate Leone Airways, which will be the country’s national carrier, the airline announced following a visit from Sierra Leone President Ernest Bai Koroma. Arik Air MD Chris Ndulue said that Leone Airways will operate the Freetown-London route and that structures are being put in place to enable the airline to start operations soon.
American Airlines, British Airways and Iberia will further expand their transatlantic joint venture March 27 including the rescheduling of New York-London service out of JFK and Newark to create what the carriers are calling a "London express service" featuring 15 non-overlapping AA/BA daily flights between JFK/EWR and LHR/LCY with flights departing from JFK approximately every 20 min. between 6:00 p.m.-11:00 p.m. (a total of nine). In addition the carriers are launching five new routes.
Embraer and Alitalia finalized an agreement for 15 E-175s and five E-190s through a lease structure to be arranged by third parties, the companies announced on Monday.
ICAO and four other UN bodies issued a joint statement declaring air travel to/from Japan safe, adding that they are "monitoring the situation closely and will advise of any changes."
AirTran Airways said that Executive VP-Corporate Affairs Stephen J. Kolski, 70, will retire April 29. Kolski has been with the company since 1999. Kolski began his airline career in 1966 with National Airlines and also held executive positions at New York Air, Eastern Air Lines and Continental Airlines prior to joining AirTran.
United Continental Holdings said Friday that United Airlines’ technicians, represented by the International Brotherhood of Teamsters, have reached a tentative labor contract.
Kuwait's Wataniya Airways ceased operations last week just over two years after it launched as regional unrest further complicated the carrier's troubled financial condition.KW launched operations in January 2009 as a premium carrier, offering business/first and premium economy aboard its fleet of A320s.
The merger of LAN Airlines and TAM under LATAM Airlines Group, which had seemingly been headed for a smooth conclusion this year, hit a possible roadblock last week when Chilean antitrust tribunal TDLC announced it would investigate the proposed combination. A Chilean consumer group filed a petition against the merger with TDLC that the carriers had pushed the panel to reject.
