Alitalia said its strategy of investing in improving passengers’ digital experience was paying off, with a double-digit increase in digital revenues in the first half of the year, even as uncertainty reigned over the carrier’s future.
Omani national carrier Oman Air said its upgraded cargo hub facility at the new Muscat International Air Cargo Terminal is already seeing a significant uptick in business.
Cargo operator Atlas Air Worldwide (AAW), continuing to reap benefits from strong demand across its businesses, increased adjusted net income 71% year-over-year (YOY) in the second quarter and has raised its full-year revenue and profit forecasts.
São Paulo-based LCC GOL reported a BRL1.3 billion ($329.1 million) second-quarter 2018 net loss, deepened from a BRL409.5 million net loss a year ago, largely attributable to a steep 16% drop in the monetary exchange rate between the Brazilian real and the US dollar during the three-month period ended June 30.
International Airline Group—parent company of British Airways, Iberia, Aer Lingus, Vueling and Level—reported strong half-year profits Aug. 3, despite the dual headwinds of rising fuel prices and continuing strikes by French air traffic controllers.
Substantial marketing efforts led to Royal Jordanian more than halving its losses for 1H 2018 compared to the same period a year earlier, the airline said.
Air Austral will wet lease an Airbus A380 from Portuguese wet-lease specialist Hi Fly to replace its second Boeing 787-8, which is being taken out of service for three months from Aug. 24 for Rolls-Royce Trent 1000 engine inspections.
Indonesia’s TransNusa is leasing three ATR 72-600 turboprops, part of the airline’s renewal and expansion plans. Currently operating three ATR 72-600 and one ATR 42, the domestic airline will also phase out two of BAE 146 and a Fokker 70 jets.
All Nippon Airways (ANA) said its results for the most recent quarter outperformed its expectations, even though its profit was significantly lower than in the previous year.
WestJet executives are not ruling out an accelerated ramp-up of its ULCC Swoop as a way to inject lower-cost lift into its system as it works to offset higher fuel costs and expenses tied to several key initiatives.
Air France-KLM said the dispute with unions over pay has led it to post a net loss of €159 million ($186 million) in the first half, reversed from a net profit of €450 million the first half of the previous year.
A significant rise in traffic and revenue could not offset higher fuel prices for Japan Airlines (JAL), with the carrier reporting a drop in net profit for the three months through June 30.
Lufthansa Group delivered a €677 million net profit for the first half of 2018, however flight cancellations and expansion of LCC Eurowings burdened group earnings.
Canada's WestJet posted a 2018 second-quarter net loss of C$20.8 million ($15.9 million), falling into the red as rising fuel prices and other challenges overwhelmed rising revenues and passenger loads.
All Nippon Airways (ANA) Holdings’ net profit dropped sharply in the quarter ending June 30, although the carrier still expects to achieve its profit target for the full year.
Latvian flag carrier airBaltic posted a first-half revenue of €180.8 million ($216.7 million), a 19% increase over the same period last year. Passenger numbers for the half-year grew 20% year-over-year (YOY) to 1.9 million.
UK travel operator Thomas Cook has denied reports that it has imminent plans to sell off its airline division, but left the door open to future fleet developments.
