Airlines & Lessors

Italian flag carrier Alitalia management presented a radical new business plan to the Italian government March 16 as it seeks to turn around the loss-making airline.

Cathay Pacific has blamed increasing competition from direct flights to mainland China as a major factor in its first full-year net loss since 2008.

Argentine ultra-low-cost carrier (ULCC) startup Flybondi has selected the Boeing 737-800 as its launch aircraft and is ready to begin negotiations for up to 50 737 MAX 200s.

Singapore-based aircraft lessor Avation has received eight offers for all or part of its 22-aircraft ATR fleet, after receiving an initial approach from an unnamed company in October 2016.

Startup carrier Cyprus Airways has secured its air operator’s certificate (AOC) and plans to launch operations “very soon.”

Gulf carrier Oman Air and Germany’s Lufthansa will begin codesharing from March 26, on the Omani national carrier’s daily Muscat-Frankfurt and Muscat-Munich services.

American Airlines will provide meals at no extra cost for all main cabin seats on two transcontinental routes, beginning May 1.

Turkish Airlines reported a 2016 net loss of $77 million, reversed from a net profit of $1.7 billion for the previous year.

The Civil Aviation Administration of China (CAAC) has revoked the air operator’s certificate (AOC) for Ying’an Airlines because, CAAC said, the airline was no longer able to conduct safe operations.

The General Court of the European Union has annulled a European Commission ruling, which blocked a 2012 merger between express delivery companies United Parcel Service (UPS) and TNT.

Spanish low-cost carrier (LCC) Volotea will grow its fleet to 28 aircraft this year, as the LCC continues a rapid growth and transition from Boeing 717 to Airbus A319 operations.

CDB Aviation Lease Finance, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, has ordered 30 Boeing 737 MAXs.

Delta Air Lines has acquired an additional 32% of Grupo Aeromexico’s outstanding shares for approximately $620 million, and now owns 36.2% of Aeromexico.

Global air passenger traffic increased an overall 9.6% in January compared to a year ago, the fastest growth rate since April 2011 and the strongest yearly start since 2005, according to IATA’s January Air Passenger Market Analysis.

Overall safety performance for 2016 compared to 2015, culled from IATA's 2016 Airline Safety Performance report.

Ireland’s FLY Leasing posted a $29.1 million net loss for 2016, reversed from a $22.8 million net profit in 2015.

Kenya Airways has continued its cost-cutting measures with the sale-and-leaseback of two Boeing 737-700s.

Culled from IATA's annual safety performance report, accidents in 2016 involving all turboprop aircraft where the accident resulted in a hull loss.

Culled from IATA's annual report on accidents involving all jet aircraft where the accident resulted in a hull loss.

Culled from IATA's 2016 Airline Safety Performance report, an overview of total accidents, fatal accidents, and fatality totals for commercial aviation flights, specifically scheduled/carter passenger or cargo service.

Airbus and Boeing commercial aircraft deliveries for 2017, sorted by most-recent delivery date.

Airbus and Boeing commercial aircraft gross orders for 2017, sorted by most-recent date of order placement with manufacturer.

Turkish low-cost carrier (LCC) Pegasus Airlines dropped into the red in 2016, recording a net loss of TL136.2 million ($36.1 million), sharply reversed from a profit of TL111.9 million in 2015

World ATM Roundup-March 9, 2017

Air New Zealand, Qantas and four other airlines are establishing an association to lobby on common causes such as airport fees, taxes and infrastructure reform.