Jet Airways earned net income of INR124 million ($2.8 million) in its fiscal second quarter ended Sept. 30, a major reversal from a INR4.07 billion net deficit in the year-ago quarter, as revenue surged 31.2% year-over-year to INR35.23 billion.
Virgin Atlantic Airways on Friday confirmed a report in the UK's Daily Telegraph that its 51% owner, Virgin Group, contracted Deutsche Bank to assess the airline's position and growth opportunities in the quickly consolidating European airline industry.
Kenya Airways reported a net profit of KES1.44 billion ($172 million) for its fiscal first half ended Sept. 30, a 67% increase from the KES860 million it earned in the year-ago period. Revenue soared 23.1% to KES41.2 billion.
Qantas CEO Alan Joyce told media in Sydney on Friday that the airline’s remaining five Airbus A380s could resume flying as early as Sunday if a number of engine checks are satisfactory following the uncontained failure of a Rolls-Royce Trent 900 aboard a Qantas A380 that had just taken off from Singapore on Thursday (ATW Daily News, Nov. 5).
An Aerocaribbean ATR 72-200 operating a domestic Cuban flight between Santiago and Havana crashed en route Thursday, killing all 68 passengers and crew onboard. The crash at 5:45 p.m. in a mountainous region near Sancti Spiritus occurred as Hurricane Tomas neared the eastern part of the island nation, where Santiago is located. By early Friday, Cuban authorities had suspended flights at the country's airports owing to the hurricane.
American Airlines has told Orbitz that it will sever its ties to the online travel agency effective Dec. 1, terminating Orbitz’ authority to ticket AA flights on Orbitz.com and Orbitz for Business websites.
Air Canada reported that operating profit for the third quarter ended Sept. 30 totaled C$327 million ($324.2 million), nearly five times greater than operating income of C$68 million 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
Qantas has grounded its six-strong A380 fleet after one of the aircraft suffered an uncontained engine failure just after takeoff from Singapore yesterday.
Lufthansa subsidiary Austrian Airlines said it expects to turn a profit on its long-haul flights for business travel in 2011 for the first time since they were established in 1988 owing to the relaunch of five-times-weekly Vienna–Mumbai flights Oct. 31 ( ATW Daily News, May 25).
Delta Air Lines cabin staff rejected representation by the Assn. of Flight Attendants by a significant margin. Delta said it had been informed by the National Mediation Board that more than 53% of flight attendants voting in the election rejected the union, which represented the approximately 7,200 former Northwest Airlines cabin staff. According to the airline, 18,760 votes were cast out of 19,887 eligible voters.
FedEx Express, the delivery giant's airline unit, said Wednesday it has entered into an agreement to acquire the logistics, distribution and express businesses of AFL and its affiliate, Unifreight India. "This acquisition will give FedEx a more robust domestic ground network and added capabilities in India," the company said in a statement. It said the transaction will likely close by the end of February. Purchase price was not disclosed.
Singapore-based BOC Aviation announced it has ordered 30 Airbus A320 family aircraft with deliveries scheduled over three years from 2012. This order follows Tuesday's announcement of an order for eight Boeing 777-300ERs for long-term lease to Thai Airways International (ATW Daily News, Nov. 3).
SkyWest Inc., parent of SkyWest Airlines and Atlantic Southeast Airlines, Wednesday reported third-quarter net income of $25.5 million, down 10.8% from a $28.6 million profit in the year-ago period, owing primarily to a “reduction in rates” paid to SkyWest and ASA under their respective Delta Connection agreements and a “mismatch of non-pass through maintenance agreements” with United Airlines on United Express flying.
WestJet reported third-quarter net income of C$54 million ($53.4 million), up 72% over a C$31.4 million profit in the year-ago period, marking its 22nd straight reporting period in the black.
Singapore-based BOC Aviation announced it has ordered 30 Airbus A320 family aircraft with deliveries scheduled over three years from 2012. This order follows Tuesday's announcement of an order for eight Boeing 777-300ERs for long-term lease to Thai Airways International (ATW Daily News, Nov. 3).
A Boeing 737-400 (msn 24911, built 1991) operated by Lion Air sustained substantial damage at Supadio Airport in Pontianak, West Kalimantan, Indonesia Tuesday after it overshot the runway on landing in heavy rainfall and its nose and main undercarriage collapsed, according to Ascend. The aircraft came to rest in a field. No injuries were reported among the 169 passengers and six crew, who safely evacuated the aircraft. The accident happened at 11:25 a.m. local time, Ascend reported. Flight JT 712 was arriving from Jakarta.
BOC Aviation ordered eight Boeing 777-300ERs for long-term lease to Thai Airways International. Boeing valued the orders at $2.2 billion at average list prices.
