WestJet posted 2010 net income of C$136.7 million ($138 million), up 39.3% over a C$98.2 million profit in 2009, on a 14.5% jump in revenue to C$2.61 billion.
United Continental Holdings, parent of United Airlines and Continental Airlines, reported strong unit revenue growth in January, with combined consolidated PRASM up an estimated 10.5% -11.5% compared to the pro forma results from January 2010 when the carriers were independent, while mainline PRASM climbed an estimated 11.5%-12.5% on a similar basis.
Etihad reached a codeshare agreement with Air New Zealand for flights across the Tasman, giving EY passengers the option to connect to cities including Auckland, Wellington and Christchurch. The agreement complements EY's alliance with Virgin Blue, which became effective in 2010 ( ATW Daily News, Feb. 4).
WestJet, in a bold challenge to Air Canada in the country's lucrative "eastern triangle" business travel market, announced late Monday it will offer 10 flights each business day between Toronto and Montreal and nine flights each business day between Toronto and Ottawa, beginning May 2.
UPS said Monday it is extending its ExpressFreight air cargo service to Israel and Slovakia in order "to serve expanding hubs for high-tech, industrial and automotive companies." The delivery giant's premium air cargo offering includes one- to three-business day door-to-door service, customs clearance and an on-time guarantee.
United Continental Holdings said on Monday said it would cut up to 500 jobs at the Houston headquarters of Continental Airlines, which merged in October with United Airlines ( ATW Daily News, Oct. 4, 2010). The cuts would be management and salaried positions. UCH has about 6,000 such jobs and more than 80,000 employees worldwide, Reuters reported. Information was contained in a letter to the Texas Workforce Commission, according to press reports.
TUI Travel, the tourism conglomerate that includes TUIfly, Thomson, Arkefly, Corsairfly and Jet4you, among others, reported a net loss of £99 million ($159.4 million) for the fiscal first quarter ended Dec. 31, 2010, improved from a loss of £124 million in the year-earlier period.
Delta Air Lines will introduce an “Economy Comfort” section on all its long-haul international flights this summer as part of its previously announced plan to invest more than $2 billion in enhanced global products, services and airport facilities through 2013.
WestJet and Delta Air Lines said Monday that they have entered into an interline agreement, effective immediately that will allow passengers to connect between each other's flights at 25 US and Canadian airports.
American Airlines and United Airlines last month filed a lawsuit in Illinois to stop the City of Chicago from moving forward with the second phase of Chicago O'Hare expansion, arguing that the city government failed to get clearance from the carriers before approving $3.4 billion in modernization projects at the busy airport.
American Airlines flew 9.87 billion RPMs in January, a 2% year-over-year increase, while capacity rose 2.5% to 13.02 billion ASMs. Load factor fell 0.4 points to 75.8%. American Eagle Airlines operated 681.9 million RPMs in January, up 19.7% compared to January 2010, against an 18.2% lift in capacity to 1.06 billion ASMs. Load factor rose 0.8 points to 64.4%.
Aer Lingus confirmed Friday that it reached a successful conclusion to its industrial dispute with the IMPACT cabin crew union on the “full implementation of the Greenfield plan, including changes in [flight attendant work] rosters to deliver 850 annual flying hours."
JetBlue Airways CEO Dave Barger said the LCC is "excited" about Airbus's recent unveiling of the A320neo, a re-engined version of the narrowbody to be offered with either the CFM International Leap-X or Pratt & Whitney's PW1100G.
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
