Airlines & Lessors

Air Canada reported a C$100 million ($77.5 million) net profit for the first quarter of 2016, reversing its C$309 million net loss in 1Q 2015.

Vietnamese low-cost carrier (LCC) Jetstar Pacific Airlines aims to more than double its fleet of 12 Airbus A320 aircraft, partly through a $139 million investment by founding partners Qantas and Vietnam Airlines.

Kuwaiti hybrid carrier Jazeera Airways will be the launch customer for a new-generation broadband Internet system from Rockwell Collins, the airline said as it unveiled its 1Q figures.

Utah-based SkyWest, parent of regional carriers SkyWest Airlines and ExpressJet Airlines, reported first-quarter net income of $27 million, nearly tripled from the $9.6 million net reported in the first quarter of 2015.

Brazilian manufacturer Embraer reported a consolidated net profit of $106 million for the 2016 first quarter, reversing its $58.9 million net loss in 1Q 2015.

Airberlin has reported a €446.6 million loss ($485.5 million) in 2015, deepened from a €376.7 million loss in the year-ago period.

Europe’s International Airlines Group (IAG)—parent company of British Airways, Iberia, Vueling and Aer Lingus—posted a first-quarter net profit of €104 million ($118 million), reversed from a net loss of €26 million a year ago.

Delta Air Lines has agreed to acquire 37 additional Airbus A321s valued at $4.2 billion at list prices. The announcement of an additional order for CFM International CFM56-powered A321s comes a day after Atlanta-based Delta placed a firm order for 75 Bombardier CS100s.

For Canadian manufacturer Bombardier's commercial aircraft, consolidated 2016 orders, deliveries and cancellations -- updated through the 2016 first quarter.

Bombardier reported a consolidated net loss of $138 million for the first quarter of 2016, reversed from a consolidated $100 million net profit in 1Q 2015.

UK-based Monarch Airlines owner Greybull Capital is considering its options for the leisure operator and may either sell it or acquire another airline.

Virgin America posted a first-quarter 2016 net profit of $17.5 million, up 36.5% from a net profit of $12.8 million in 1Q 2015.

Airbus Group reported a net profit of €399 million ($452 million), down 50% compared to €792 million a year ago.

Italian flag-carrier Alitalia is considering taking a substantial stake in Air Malta.

Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported first-quarter net income of $72 million, up 11% from a $64.9 million profit in the year-ago period.

Japan Airlines (JAL) has raised its annual net profit to ¥174.4 billion ($1.6 billion) for the year through March 31, compared to a profit of ¥149 billion in the prior year.

Japan's All Nippon Airways Holdings (ANA) has reported a net profit of ¥78.1 billion ($694 million) for the financial year through March 31, doubling its profit of ¥39.2 billion in the previous year.

Worldwide airlines ranked by available reported Passenger Load Factor year-to-date 2016, as of April 27, 2016.

The top 30 Airlines, calculated and ranked by available reported RPK figures for 2016 as of April 27, 2016.

UK-based Virgin Atlantic is seeking to become a more efficient airline as it moves steadily toward sustained profitability, CEO Craig Kreeger said.

Average Domestic Air Fare for 100 US airports for the fourth quarter of 2015, listed by average fare, highest-to-lowest.

The Executive Board of Deutsche Lufthansa is working to bring 45%-owned Brussels Airlines into its low-cost carrier (LCC) Eurowings and will decide by the end of August whether to exercise a call option to allow for a full takeover.

Abu Dhabi-based Etihad Airways reported a 2015 net profit of $103 million, up 41.1% from the airline’s $73 million net result for 2014.

Boeing posted a first-quarter net profit of $1.22 billion, down 9% from net income of $1.34 billion in the prior-year period, and reaffirmed guidance that full-year 2016 revenue and commercial aircraft deliveries will be slightly down from 2015.

Florida-based ultra low-cost carrier (ULCC) Spirit Airlines reported a first-quarter net profit of $61.9 million, down 10.1% from net income of $69 million in the 2015 March quarter, as the airline continues to make adjustments under a new CEO.