Scandinavian Airlines (SAS) has concluded an agreement with Estonia’s Regional Jet OÜ, to partly replace short-haul capacity being lost by the downsizing of current provider Jet Time Regional Jet OÜ will fly four ATR 72-600 turboprops on behalf of SAS from August.
Latin American and Caribbean Air Transport Association (ALTA) executive director Eduardo Iglesias will be stepping down and leaving ALTA “in a couple of months,” ALTA said.
Alaska Air Group will retire the Virgin America brand in 2019, and the combined Alaska Airlines-Virgin America will be known as “Alaska Airlines” and retain Alaska’s logo.
American Airlines is in negotiations to buy a stake in China Southern Airlines in an effort to strengthen both carriers’ position on Sino-US routes, two industry sources told ATW.
Virgin Australia will begin services between Melbourne and Hong Kong in July, expanding its international footprint into Greater China for the first time.
FedEx Corp. has posted a consolidated net profit of $562 million for its FY2017 third quarter covering the peak holiday period between December 2016 and February 2017, a 10.8% increase over $507 million net income in the year-ago quarter.
Noting the US airline industry saw its seventh consecutive year of profitability in 2016, FAA is projecting the US will see a “competitive and profitable aviation industry characterized by increasing demand for air travel [with] airfares growing more slowly than inflation” over the next 20 years, according to the agency’s annual Aerospace Forecast for fiscal years 2017-2037.
Thai Airways International posted a net profit of THB46.8 million ($1.3 million) for 2016, a turnaround from the airline’s THB13 billion net loss in 2015.
Reunion-based Air Austral has been selected as Air Madagascar’s preferred strategic partner over a rival short-listed bid from Star Alliance carrier Ethiopian Airlines.
Etihad Airways, Emirates Airline, Qatar Airways and Turkish Airlines are among the carriers affected by a US government emergency order that bans passengers from keeping their personal electronic devices in their carry-on bags on flights to the US.
Alitalia CEO Cramer Ball has confirmed that 2,000 jobs are to be cut, representing 51% of the airline’s office staff and 20% of nonflying operational roles, under a recently announced restructuring strategy.
US airlines carried a record 823 million passengers systemwide in 2016, up 3.1% from the previous record high of 798.2 million recorded in 2015, according to US Bureau of Transportation Statistics (BTS) released March 16.
The European Commission (EC) has reinstated fines totaling €776 million ($834 million) on 11 airlines for operating a price-fixing cartel on air freight from 1999 to 2006.
US National Transportation Safety Board (NTSB) vice chairman Bella Dinh-Zarr has taken on the role of acting chairman following the expiration of Christopher Hart’s term as NTSB chairman.
