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.
Air Canada is “extensively” studying its capacity projections for late 2018/2019 and has confirmed it will reduce its growth rate, but has not finalized the timing or extent of its changes, top executives said.
Singapore Airlines (SIA) Group has reported a net profit of S$149 million ($109.3 million) for the June quarter in its fiscal first period, down 57% year-over-year (YOY) from net profit of $346.5 million in the year-ago period.
