Airlines & Lessors

By Alan Dron
Finland’s national carrier Finnair has appointed financial specialist Topi Manner as CEO. He will take up his position Jan. 1, 2019.
Airlines & Lessors

Belgian carrier VLM Airlines went into liquidation Aug. 31, the second European regional airline to dissolve last week after Swiss regional SkyWork Airlines ceased operations Aug. 29.
Airlines & Lessors

Greek carrier Aegean Airlines reported a 2018 first-half net loss of €13.8 million ($16 million), narrowed from a net loss of €20 million in 1H 2017.
Airlines & Lessors

By Polina Montag-Girmes
A Utair Aviation Boeing 737-800 (VQ-BJI) has been seriously damaged after a runway overrun at Sochi Airport on Sept. 1.
Airlines & Lessors

Chicago-based United Airlines became the latest North American carrier to raise checked bag fees, as airlines contend with lower revenues amid climbing prices for jet fuel.
Airlines & Lessors

By Bill Carey
The US National Transportation Safety Board (NTSB) will meet Sept. 25 to determine the probable cause of a near miss on landing last year involving an Air Canada Airbus A320 at San Francisco International Airport (SFO).
Airports & Networks

By Alan Dron
The UK government has lifted restrictions on passengers bringing large personal electronic devices (PEDs) into the cabin of UK-bound flights from Cairo—but apparently only on British Airways services.
Safety, Ops & Regulation

By Alan Dron
Russia’s Rossiya Airlines plans to transfer a group of flights from Moscow’s Vnukovo airport to the capital’s main airport, Sheremetyevo, at the start of the 2018/19 winter season.
Airlines & Lessors

By Adrian Schofield
AirAsia has dropped plans to open a joint venture airline in China, as the group reported a higher net profit for the 2018 second quarter.
Airlines & Lessors

By Victoria Moores
Finnair has sold 60% of Nordic Regional Airlines (Norra) to Danish Air Transport (DAT), marking the latest in a series of ownership changes at the Finnish regional carrier since 2015.
Airlines & Lessors

By Victoria Moores
SAS CEO Rickard Gustafson apologized for the airline’s poor operational performance during the 2018 summer season, casting a shadow over a record fiscal third-quarter performance which saw the airline climb to a SEK1.55 billion ($169 million) net profit.
Airlines & Lessors

Saudi Arabian Airlines (Saudia) is reporting a successful 2018 Hajj season as the SkyTeam alliance member plans to expand its religious and pilgrim business as the Saudi government continues to issue more visas.
Airlines & Lessors

Global airline passenger traffic remained healthy in July, with traffic demand up 6.2% year-over-year as capacity rose 5.5%, leading to an 85.2% passenger load factor—a record for the month of July,
Airlines & Lessors

By Sean Broderick
A new report released by the Australian Transport Safety Board (ATSB) reveals an inflight diversion of an Etihad Airways Boeing 777-300ER on Oct. 14, 2017 caused by chafing and arcing of incorrectly installed wire bundles led Boeing to subsequently introduce new production-line inspections and issue maintenance recommendations to operators.
Safety, Ops & Regulation

By Linda Blachly
People-Aug. 30, 2018
Airlines & Lessors

LaudaMotion will double its Airbus fleet to 18 aircraft next year, the new Austrian carrier said a day after Irish LCC Ryanair completed a deal to buy 75% of the Austrian carrier from former formula 1 driver Niki Lauda.
Airlines & Lessors

By Polina Montag-Girmes
Russia’s Aeroflot Group reported RUB5.2 billion ($82.9 million) net loss in 1H 2018, reversed from a net profit of RUB2.9 billion in 1H 2017.
Airlines & Lessors

2018 commercial airlines and airline groups passenger, RPK, ASK, load factor, and FTK figures, as of August 30, 2018.
Airlines & Lessors

By Adrian Schofield
Qantas Airways has announced its intent to appoint former IATA and Cathay Pacific head Tony Tyler to its board of directors.
Airlines & Lessors

Swiss regional SkyWork Airlines ceased operations Aug. 29, after fleet renewal efforts failed to improve the business after seven years of operations.
Airlines & Lessors

By Adrian Schofield
Thai LCC Nok Air CEO Piya Yodmani has stepped down from the position and will be succeeded by Pravej Ongartsittigul as acting CEO.
Airlines & Lessors

By Mark Nensel
IATA DG and CEO Alexandre de Juniac is attributing the slowing pace of growth in the global air freight market to rising trade tensions between the US and China, saying on Aug. 29 that “trade wars only produce losers.”
Airlines & Lessors

With jet fuel prices continuing to climb, profitability for US commercial carriers declined in the first half of 2018, according to Washington DC-based Airlines for America (A4A).
Airlines & Lessors

By Victoria Moores
Star Alliance carrier Ethiopian Airlines has finalized a joint venture (JV) with the Chad government, paving the way for the launch of Chad’s new national carrier on Oct. 1.
Airlines & Lessors

By Adrian Schofield
India’s Jet Airways is pursuing a cost-cutting program following the announcement of a major net loss for the quarter ending June 30.
Airlines & Lessors