Worldwide air freight traffic in September grew 6.1% year-over-year, the strongest growth rate in 19 months, according to IATA’s September Air Freight Market Analysis
Air Seychelles will begin 2X-weekly Mahé (Seychelles)-Dusseldorf (Germany) and 2X-weekly Mahé-Durban (South Africa) services from March 30, 2017. The carrier will introduce a second Airbus A330, scheduled to be delivered in the last week of March 2017.
Air France is planning a lower-cost long-haul airline which will operate 10 aircraft by 2020 in a two-class layout, under its new Trust Together strategy.
Montreal-based flight-simulator manufacturer CAE has extended pilot training agreements with Norwegian Airlines and Spanish carrier Air Europa, the company announced Nov. 1.
International Airlines Group (IAG) is to introduce high-speed Wi-Fi across its constituent carriers’ short-haul fleets, as it becomes the launch customer for Inmarsat’s next-generation connectivity system.
The Singaporean carrier’s SQ code will be added to S7 flights from Moscow to 19 cities in Russia, including Saint Petersburg, Kaliningrad, Kazan, Samara and Novosibirsk.
Singapore Airlines reported a net profit of 64.9 million Singaporean dollars ($46.9 million) for the three months through Sept. 30, down by S$148.7 million year-on-year (YOY).
US airlines collectively reported approximately $18.3 billion in pre-tax profit for the first nine months of 2016, down 2.1% from $18.7 billion over the same period in 2015, according to Airlines for America (A4A).
The Lufthansa Group has reported a third-quarter net profit of €1.42 billion ($1.6 billion) up 79% from a net income of €794 million in 3Q 2015, as the Group stabilizes in a difficult market environment.
Virgin Australia reported a net loss of A$34.6 million ($26.4 million) for the three months through Sept. 30, reversed from a net profit of A$1.7 million for the same period last year.
Canadian low-cost carrier (LCC) WestJet reported a third-quarter net profit of C$116 million ($88.6 million), a 13.9% increase compared to a C$101.8 million net income in 3Q 2015.
Jazeera Airways has reported a third-quarter net profit of KD6 million ($19.8 million), down 27% on the year-ago period, as continued low oil prices and fare cuts by competitors took their toll.
Garuda Indonesia reported a third-quarter net profit of $19.6 million, down 11.6% compared to the year-ago period, but a marked improvement on the $63.2 million loss in the first half of 2016.
