Canadian scheduled air freight carrier Cargojet reported a C$4.8 million ($3.7 million) net loss for the 2016 third quarter, widened from the company’s C$2.2 million net loss in 3Q 2015.
LOT Polish Airlines has agreed to acquire a 49% stake in Estonian flag carrier Nordica’s Regional Jet subsidiary as the Polish flag carrier aims to strengthen its presence in Central and Eastern Europe (CEE).
Irish low-cost carrier (LCC) Ryanair reported a first half net income of €1.17 billion ($1.3 billion), up 7% from a €1.09 billion profit in the year-ago period.
Silver Airways began regularly scheduled commercial air service between its Fort Lauderdale, Florida, home base and Santiago, Cuba, Nov. 4, marking the launch of the airline’s fifth Cuba destination.
Evidence of fatigue cracking has been discovered in the fractured high-pressure turbine disk from the GE Aviation CF6 engine that suffered an uncontained failure on an American Airlines Boeing 767-300 a week ago.
Air cargo operator Atlas Air Worldwide Holdings posted a $7.9 million net loss for the 2016 third quarter, narrowed from a $12.8 million loss in 3Q 2015.
Air France is under pressure to bridge the competitiveness gap that has opened up with sister company KLM, under the Air France-KLM Group’s newest strategy.
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.
