Purchase, New York-based Atlas Air Worldwide Holdings announced Aug. 24 an agreement to supply air cargo carrier FedEx Express with five Boeing 747-400 freighter aircraft during the December peak-flying seasons of 2017 through 2021.
Canadian scheduled air freight carrier Cargojet reported a C$3.8 million ($2.9 million) net profit for the 2016 second quarter, reversing the company’s C$6.1 million net loss in 2Q 2015.
The national carriers of Balkan countries Serbia and Montenegro have signed a codeshare agreement that substantially broadens options for Montenegro Airline passengers.
Qantas reported a net profit of 1 billion Australian dollars ($760 million) for the fiscal year through June 30, a record for the carrier and an increase of more than 80% from the previous year.
Ukraine International Airlines (UIA) has taken delivery of eight of the nine Boeing 737-800s that it plans to take in 2016 as part of its fleet-renewal program.
According to Liu Zhiren, general manager of the Hunan Airport Management Group, the new carrier will be named Zhongnan Airlines and will begin with registered capital of 1 billion yuan ($151 million).
Russia’s second-biggest airline group, S7 Airlines, reported its traffic increased 29.5% year-on-year (YOY) in July, while Aeroflot Group’s July traffic was up 5.4% YOY.
Germany-based leisure carrier Condor has been hit by shrinking demand, especially on flights to holiday destinations, related to recent terrorist attacks in Europe.
All 300 people onboard the Emirates Boeing 777 escaped with their lives when the aircraft crash-landed at Dubai Airport and burst into flames. Sadly a firefighter was killed tackling the blaze, but the scale of the tragedy could have been so much larger.
Delta Air Lines and Southwest Airlines are very different airlines. One is a global full-service airline with a fleet of varied aircraft types and multiple product offerings for passengers, while the other is the world’s original low-cost carrier with an all-Boeing 737 fleet, no business class and a mostly domestic operation.
Avianca Holdings S.A., the parent of seven Latin American passenger airlines including Colombian flag carrier Avianca and air-freight carrier Avianca Cargo, posted a $23.2 million net loss for the 2016 second quarter,