Growth in the global air passenger traffic market reached a 12-year high in the 2017 first half, as passenger traffic grew 7.9% compared to 1H 2016 and the load factor hit a record 80.7%, according to IATA’s June Air Passenger Market Analysis.
Global air freight traffic has risen 10.4% during the first half of 2017, making it the strongest half-year performance for the air cargo market sector in seven years, according to IATA’s June Air Freight Market Analysis.
Lufthansa subsidiary Brussels Airlines, which will be integrated into the group’s low-cost carrier (LCC) Eurowings, will keep its brand for the time being.
David Pekoske, US President Donald Trump’s nominee to head the Transportation Security Administration (TSA), has been unanimously confirmed by the US Senate.
The former CEO of Omani low-cost carrier (LCC) SalamAir, François Bouteiller, has criticized the airline’s board after it unexpectedly removed him, commercial director Marco Ostini and the airline’s finance director from their positions.
The Latin American and Caribbean Air Transport Association (ALTA) has named Luis Felipe de Oliveira, a former IATA official and currently an executive with World Fuel Services, its new executive director.
TAAG Angola Airlines posted a net loss of $12 million for the 2017 first half, significantly widened from a net loss of $5 million in the year-ago half.
ANA Holdings reported a net profit of ¥51 billion ($453.9 million) for its 2017 fiscal first quarter, nearly an eightfold increase over the company’s ¥6.6 billion net income for its fiscal 1Q 2016.
Kuwaiti hybrid carrier Jazeera Airways reported a KD2.3 million ($7.6 million) net profit for the 2017 second quarter, an 18.1% improvement over its KD1.9 million net profit in 2Q 2016.
Major continental European airlines are actively lobbying their governments to make the UK aviation sector’s exit from the European Union (EU) difficult, the CEO of Irish low-cost carrier (LCC) Ryanair said Aug. 2.
Atlas Air Worldwide Holdings—parent company of Atlas Air, Polar Air Cargo, Southern Air and Titan Aviation—reported a second-quarter 2017 net profit of $38.9 million, up 88.8% over net income of $20.6 million in the 2016 June quarter.
WestJet earned a second-quarter 2017 net profit of C$48.4 million ($37.2 million), up 32% over net income of C$36.7 million in the 2016 June quarter, marking its 49th consecutive profitable quarter.
Ireland-based lessor Avolon’s fleet of owned, managed and committed aircraft doubled to 921 in the 2017 second quarter, compared to 443 aircraft in 2Q 2016, the company reported July 31.
Former chairman and CEO of TAAG Angola, Joaquim Teixeira da Cunha, has been reinstated to his old posts following the sudden departure from the carrier of the Emirates Airline management team.
Royal Jordanian (RJ) incurred a net loss of JD26.3 million ($37.1 million) in the 2017 first half, a figure the airline said was driven by seasonality and a decline in average fares because of over-capacity in the industry.
Japan Airlines has bumped up its profit forecast for the current financial year, thanks to strong increases in demand across its major operations in the June quarter.
