Alaska Air Group will spend the next 6-9 months evaluating Virgin America’s Airbus A320 fleet to determine whether it will keep the aircraft long term, according to Alaska chairman and CEO Brad Tilden.
In 2016, Abu Dhabi-based Etihad Airways saw a year “of sustained growth in a very tough business environment,” Etihad Aviation Group (EAG) president and CEO James Hogan said in a Feb. 8 statement.
Russia’s federal air transport agency, Rosaviatsia, has suspended the air operator’s certificates (AOCs) for two regional carriers—Buryat Airlines and Pioneer Airlines—effective Feb. 7, following unscheduled inspections.
Scandinavian Airlines (SAS) has reported that yields are at “historically low levels” in its marketplace, as a result of higher fuel prices, an unfavorable exchange rate for the Swedish krona against the dollar and a new Norwegian aviation tax.
Singapore Airlines (SIA) saw further signs of weakening passenger yield and revenue in the fiscal third quarter, although a strong showing by the cargo division helped bolster operating profit.
Canadian low-cost carrier (LCC) WestJet reported a full-year 2016 net profit of C$295.5 million ($219.4 million), down 19.6% from C$367.5 million in 2015.
The US National Transportation Safety Board (NTSB) said in a newly released report that “excessive speed” by a tug driver caused the nose gear of a Southwest Airlines Boeing 737-300 to collapse upon pushback from the gate at the Baltimore-Washington International Airport on the night of Aug. 4, 2016.
Ireland-based low-cost carrier (LCC) Ryanair saw its third-quarter profits fall 8% compared to the same period in the previous year, as geopolitical events pushed more capacity into its market and yields fell.
The US State Department has lifted a ban on travelers from seven countries entering the US after a federal judge temporarily blocked the executive order made by President Donald Trump.
Tigerair Australia has decided to pull out of the Bali, Indonesia, market in response to the latest twist in a regulatory wrangle with the Indonesian government.
SkyWest Inc., the St. George, Utah-based parent of regional carriers SkyWest Airlines and ExpressJet Airlines, posted a $161.6 million net loss for the full-year 2016, reversed from a $117.8 million net profit in 2015.
The new commercial partnership announced this week between Etihad and Lufthansa is seen by senior executives of both groups as a first-step towards a deeper relationship.
Mitsubishi Aircraft Corp. parent company Mitsubishi Heavy Industries (MHI) has installed two of its executives at the top of the leadership structure of its subsidiary producing the MRJ, the Japanese regional jet that has been beset by multiple program delays.
Worldwide air passenger traffic increased an overall 6.3% in 2016, as passengers wary of traveling in the first half of the year pushed demand to a nearly 9% annual growth pace between June and December, according to IATA’s full-year Air Passenger Market Analysis.
Icelandair is expecting to report a full-year EBITDA at the top end of its $210-$220 million revised guidance, but has warned that EBITDA will drop to $140-$150 million in 2017 because of volatile market conditions.
Central and Eastern European low-cost carrier (LCC) Wizz Air is considering whether it should set up a UK air operator’s certificate (AOC) in the wake of the UK’s decision to leave the European Union (EU) (Brexit).
Central and Eastern European low-cost carrier (LCC) Wizz Air lowered its full-year profit guidance by €20 million ($21.5 million) following a third-quarter profit drop by more than 20%.
