Bombardier has signed a firm purchase agreement with Denmark-based Nordic Aviation Capital (NAC) for two Q400 turboprops, for lease to Kenyan LCC Jambojet.
Belgian aviation authorities have granted an air operator’s certificate (AOC) to regional VLM Airlines for its Fokker 50 aircraft, just days after approving an AOC for Airbus A320s acquired from Thomas Cook Airlines Belgium.
Although Hawaiian Airlines CEO Mark Dunkerley is leaving the carrier in March, there is unlikely to be any change in strategy or direction when airline veteran Peter Ingram takes over.
Santiago-based LATAM Airlines Group reported a 2017 third-quarter net profit of $160.6 million, compared to $4.7 million net income in 3Q 2016, boosted by a $59 million foreign exchange gain based on a 4.4% appreciation of the Brazilian real during the quarter.
Hawaiian Airlines president and CEO Mark Dunkerley will retire and be replaced by EVP and CCO Peter Ingram, effective March 1, 2018, ending a 15-year run in which Dunkerley transformed the Honolulu-based carrier.
The resurgence of the Turkish tourism industry helped LCC Pegasus Airlines’ 2017 third-quarter net profit more than double to TRY538.5 million ($139.6 million) from TRY246.2 million in 3Q 2016.
Bogota, Colombia-based Avianca Holdings posted a 2017 third-quarter $36.1 million net profit, down 4.5% from $37.8 million in 3Q 2016, as the airline realized $17.1 million in losses from the first 10 days of what would become a 51-day strike by over half of Avianca’s pilots.
A surge in Caribbean hurricane-related ad hoc charters, combined with ACMI revenue related to the April opening of a new US route, lifted Canadian scheduled air freight carrier Cargojet’s third-quarter net profit to C$5.6 million ($4.5 million), reversed from its C$3.9 million net loss in 3Q 2016.
Korean Air expects to see demand on its China routes start to rebound in the fourth quarter, following a thaw in the political tensions that have severely dented traffic flows between the two countries.
For Canadian manufacturer Bombardier's commercial aircraft, consolidated 2017 orders, deliveries and cancellations -- updated through the 2017 third quarter.
Segmentation and customer understanding will be crucial as legacy carriers seek to compete with low-cost carriers, Brussels Airlines CEO Bernard Gustin told the Accelerate: Aviation 2017 conference in London this week.
The government of Samoa said the South Pacific country’s state-owned airline must remain financially self-sufficient, as it relaunches international services.
Chorus Aviation’s third-quarter 2017 net profit climbed to C$79.1 million ($63.5 million), nearly quadrupling the Halifax-based company’s C$20.1 million net income in 3Q 2016, as an unrealized foreign exchange gain of C$31.1 million boosted the quarterly result.
Azerbaijan Airlines signed an agreement with Boeing placing a firm order for five 787-8s and committing to order two very large freighters, either the 747-8F or the 777F.
The Polish government has approved a plan to build a new central airport likely to be located in central Poland between the capital Warsaw and Lodz, capable of servicing as many as 100 million passengers per year.
Canadian flight simulator and training supplier CAE anticipates continued growth in the global civil air transport training market, the company said Friday as it released its fiscal 2018 second quarter results.
A combination of network adjustments and maturity of international destinations drove Aegean Airlines’ international tourist flow upward 14% in the first nine months of 2017, leading the Greek carrier to report a net profit of €71.7 million ($22.6 million).
