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.
Despite a successful year in which it rebounded from a €34 million 2009 loss to earn a €1.1 billion ($1.53 billion) net profit in 2010 (ATW Daily News, March 18), Lufthansa Group Chairman and CEO Christoph Franz conceded last week in a letter to shareholders that the performance of LH subsidiary airlines was "mixed."
Taipei-based China Airlines plans to introduce a strategic investor to help fund fleet expansion as air traffic across the Taiwan Strait increases, according to widespread news reports from Hong Kong.
Air New Zealand criticized Qantas and the New Zealand Commerce Commission over press releases issued Friday related to the Australian airline agreeing to plead guilty to cargo price fixing.
Southwest Airlines said it will seek assistance from the National Mediation Board as it negotiates with its 185 dispatchers, represented by Transport Workers Union 550.
US Air Transport Assn. said that passenger revenue rose 13% in February compared to the year-ago period, marking the 14th consecutive month of year-over-year revenue gains. RPMs rose 2.1% while average price per flown mile (yield) climbed 10.8%. The information was based on data from most US majors excluding Southwest Airlines. ATA said that international markets "remained especially strong" as passenger revenue grew 17%, led by a 27% increase in Pacific revenue. Domestic revenue grew 11.5% largely driven by a 10.5% rise in yield.
FedEx reported net income of $231 million for its fiscal third quarter ended Feb. 28, down 3% from a $239 million profit in the prior-year period, but it posted an 11% year-over-year rise in quarterly revenue to $9.66 billion and gave positive guidance for the current quarter and beyond.
