Domestic retail investors in Indonesia have shown a strong interest in Garuda Indonesia’s IPO offering, which went on sale Wednesday ahead of the airline’s listing on Feb. 11.
Trade facilitator Dubai Trade signed an MOU with Emirates SkyCargo to form a partnership allowing Dubai Trade to offer the carrier’s freight booking services through its single-window online payment portal. Payment will initially be accepted in person or through IATA credit accounts.
Emirates Airline plans to take delivery of 14 new aircraft in its upcoming fiscal year beginning April 1, and retain four others it had planned to remove, owing to strong traffic demand. The carrier operates 15 Airbus A380s, a number that will grow dramatically as deliveries ramp up.
Singapore Airlines is inspecting its fleet of Airbus A380s after one of the aircraft experienced an in-flight smoke event Jan. 31. Flight 861 from Hong Kong was on descent into Singapore when smoke was detected in a lavatory. Cabin crew discharged a halon fire extinguisher as flight crew continued the landing.
Boeing announced that South Africa's Comair ordered eight 737-800NGs. The order was valued at $646 million at list prices and had previously been attributed to an unidentified customer on Boeing’s orders and deliveries website.
Hawaiian Holdings, parent of Hawaiian Airlines, reported fourth-quarter net income of $70.6 million, doubling its income from a $35 million profit in the year-ago period.
Includes: World Airline Traffic World Airport Traffic IATA Fuel Prices Aircraft Data Aircraft Values Aircraft Deliveries US Major and National Airline Traffic US Ontime Performance U.S. Fuel Cost and Consumption US Mishandled Baggage US Consumer Complaints
Hawaiian Holdings, parent of Hawaiian Airlines, reported fourth-quarter net income of $70.6 million, doubling its income from a $35 million profit in the year-ago period.
When Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo, posted third-quarter 2010 net income of $34 million, well more than double a $14.1 million profit in the year-ago period, the news was unremarkable.
Alaska Airlines is a carrier that certainly won’t win any awards for patience. “If it doesn’t exist, invent it,” seems to be the modus operandi for the airline, which pioneered the development and introduction of Required Navigation Performance in the 1990s to address the safety and operational risks of flying into terrain- and weather-challenged places like Juneau.
The traffic and revenue performance of this year’s Market Leadership Award winner more closely resembles that of a low-fare carrier or Middle Eastern startup than a mature flag airline with more than 75 years of history.
In a part of the world in which shrinking customer expectations are the rule rather than the exception, San Francisco-based Virgin America is like a brilliant lighthouse on the darkest night. The carrier, which launched operations in August 2007 and serves 14 destinations in the US, Canada and Mexico, is redefining passenger service in North America.
In the middle of difficulty lies opportunity,” Albert Einstein said. This is exactly the approach ATW’s Regional Airline of the Year for 2011 adopted when the Spanish economy slid into a stinging recession at the end of 2008 and passenger numbers at Spain’s airports did the same.
Twenty-three years is a long time in human years, let alone airline years. Yet that is how long it has been since Emirates Airline ended a financial year in the red.
Alaska Airlines said the carrier's 2,600 clerical, office and passenger service employees represented by the International Assn. of Machinists and Aerospace Workers ratified a new three-year labor contract. More than 90% of union members casting ballots voted in the affirmative. The new contract includes wage increases, a signing bonus, job security protections, improved productivity measures and participation in the AS performance-based pay annual incentive plan.
Barfield won a 10-year contract from Avianca-TACA to provide full component support for the Airbus A320 fleet operated by the group’s four airlines, Avianca, TACA, Aerogal and Ocean Air. Barfield’s MRO support includes an option to provide logistics in Miami as well as the supply of consumable items. As part of the agreement, the US subsidiary of Sabena Technics committed to setting up specific repair capabilities in Bogota to better support Grupo Avianca-TACA’s airlines. The facility will also support other operators in South America.
Republic Airways Holdings said Monday it will transfer eight Embraer E-170s from Frontier Airlines to contract flying for Delta Air Lines. The aircraft are expected to be placed into Delta Connection service between May and September and will have a term of six years from the in-service date for DL, RAH said. After the addition of these aircraft, the company and its subsidiaries will operate a total of 48 aircraft on behalf of DL: 16 E-175s, eight E-170s, and 24 E-145s.
OnAir, under an expanded contract, will install its on-board connectivity system in 26 TAM aircraft following a "successful pilot project" with the Brazilian carrier. Passengers will have access to voice, SMS, and Internet on their BlackBerrys and Smartphones, making TAM the first airline in the Americas to offer onboard mobile calling services.
CFM International named Jean-Paul Ebanga president and CEO, succeeding Eric Bachelet, who is joining Safran as executive VP-research and technology. CFM is a 50/50 joint venture between GE Aviation and Snecma, a unit of Safran. Ebanga joined Snecma in 1988, and most recently served as chairman and CEO of PowerJet, the engine JV between Snecma and Saturn (Russia), after serving as VP of Snecma’s Commercial Engine Division. “His assignments at Snecma have included leadership positions in electronics, systems and aircraft engines,” CFM said.
