Air China reported a 2016 first-half net profit of CNY3.46 billion ($520 million), down 12.4% compared to net income of CNY3.95 billion in the year-ago period, according to the carrier’s statement released by Shanghai Stock Exchange.
Miami-headquartered lessor Aerolease Aviation has finalized an order for 10 Mitsubishi MRJs and 10 options, firming a letter of intent signed at the 2016 Singapore Airshow.
Romanian flag carrier Tarom said it recorded a first-half net loss of RON28.6 million ($7 million), “while the budget of revenue and expenditure provided, for the same period, a loss of RON3.4 million.”
Malaysian long-haul, low-cost carrier AirAsia X Berhad (AAX) reported a RM1.02 million ($252,241) net profit for the 2016 second quarter, the first 2Q net profit since the airline’s 2007 inception, the company said.
China Southern Airlines reported a first-half net profit of CNY3.11 billion ($468 million), down 10.7% compared to net income of CNY3.48 billion in the year-ago period, according to a carrier statement released by Shanghai Stock Exchange.
Air New Zealand has continued its run of strong financial results with a record net profit of NZ$463 million ($328 million) for the fiscal year through June 30, up 42% from the previous year.
Malaysia-based AirAsia achieved a net profit of MYR341.9 million ($84.5 million) for the second quarter, up 41% from net profit of MYR243 million in the previous year.
UK-based tour operator Thomas Cook Group has appointed former SunExpress CEO Paul Schwaiger as commercial director-Continental Europe, effective Sept. 1.
Turbine blade erosion is causing engine failures on some of its Boeing 787s and Rolls-Royce is developing a new blade, Japanese carrier All Nippon Airways (ANA) has told ATW.
Peter Bellew became CEO and group managing director of Malaysia Airlines Berhad on July 1, succeeding Christoph Mueller. Bellew had been the airline’s COO since August 2015, and previously was director of flight operations at Irish low-cost carrier (LCC) Ryanair.
Belgian flag carrier Brussels Airlines has issued a request for proposals (RFP) for its Airbus A330 replacement, as it progresses with its Avro RJ100 phase-out. “For the refleet of the A330, the RFP is already in the market and we’re talking to different lessors,” a Brussels Airlines spokeswoman told ATW, adding that the phase-out of its oldest A330s will begin in 2018–19.
Shanghai-based Spring Airlines plans to circulate up to 91.5122 million shares of its stock at 43.71 yuan ($6.55) per share, to no more than 10 specified investors.
Taipei-based China Airlines, which was scheduled to take delivery of its first Airbus A350 XWB in July, has been informed by the European manufacturer that its first aircraft delivery should take place in Q3 2016.
Russia’s AirBridgeCargo Airlines (ABC) has been granted fifth-freedom designations by local authorities to perform cargo flights from Russia via European hubs to the US.
