Lufthansa Hub Munich CEO Thomas Winkelmann told ATW he believes the new satellite facility at Munich Airport, which began operations Tuesday, will better position Lufthansa in the global aviation competitive market.
Russian airlines carried 5.8 million passengers in March, down 2.7% year-over-year (YOY), and 16.5 million passengers in the first quarter, down 2.8% YOY, according to Russia’s Federal Air Transport Agency, Rosaviatsia.
Japan’s All Nippon Airways (ANA) low-cost subsidiary (LCC) Vanilla Air has taken delivery of the first of three new Airbus A320-200s from Singapore-based lessor BOC Aviation.
New York-based JetBlue Airways reported a first-quarter net profit of $199 million, up 45.6% over net income of $137 million in the prior-year period, as revenue increased 6.1% year-over-year to $1.62 billion.
Grupo Aeromexico reported first-quarter net income of MXP161 million ($9 million), down 12.6% from a net profit of MXP185 million in the year-ago period.
New York-based JetBlue Airways president and CEO Robin Hayes has confirmed publicly for the first time that JetBlue was the rival bidder for acquiring Virgin America, which has entered into an agreement to be purchased by Seattle-based Alaska Air Group.
In a story posted on ATWonline.com April 25 about an investigation into the crash of a Swedish West Atlantic CRJ regional jet, the headline mistakenly said it was a WestJet crash. WestJet is a Canadian airline; it does not operate CRJs and has no connection with West Atlantic.
Ultra low-cost Mexican carrier Volaris reported 2016 first-quarter net income of MXP602 million ($34.4 million), up 96.7% from a MXP306 million profit in the year-ago period.
Shanghai-based Juneyao Airlines reported a first-quarter net profit of CNY454.2 million ($70 million), up 70% over a net income of CNY266.5 million in the year-ago quarter.
Low-cost carrier (LCC) Norwegian has reported a first-quarter net loss of NOK800 million ($96 million), widened from a net loss of NOK538.3 million a year ago.
American Airlines reported a first-quarter net profit of $700 million, down 24.9% from net income of $932 million in the 2015 March quarter, as revenue fell 4% year-over-year to $9.44 billion.
Hawaiian Airlines parent Hawaiian Holdings reported a $51.5 million net profit for the 2016 first quarter, nearly doubling its 1Q 2015 $25.9 million net income.
The rate of change in scheduled passenger airline full-time equivalent employment by airline group, displayed as year-over-year percentage growth or losses. Differential changes for each of the last 13 months are shown.
China’s online travel agency (OTA) Ctrip has invested CNY3 billion ($463 million) in Shanghai-based China Eastern Group, parent of China Eastern Airlines (CEA).
Southwest Airlines, bolstered by continued low fuel prices and record first-quarter revenue, posted record first-quarter net income of $511 million, up 13% year-over-year.
Alaska Air Group, parent of Seattle-based Alaska Airlines and regional carrier Horizon Air, reported a consolidated first-quarter net income of $184 million, up 23% from a net income of $149 million in the year-ago quarter.
United Continental Holdings earned net income of $313 million in the first quarter, down 38.4% from a net profit of $508 million in the 2015 March quarter, as revenue fell 4.8% year-over-year to $8.2 billion.
Russia’s Volga-Dnepr Group and Moscow Sheremetyevo International Airport (SVO) have joined efforts to facilitate the development of the cargo industry in Russia.
Russia’s United Aircraft Corp. (UAC) reported a 2015 net loss of RUB108.7 billion ($1.5 billion), widened from a net loss of RUB13.7 billion in the year-ago period.
United Continental Holdings has resolved the proxy fight over the makeup of its board of directors by agreeing to make former Air Canada CEO Robert Milton the non-executive chairman of the board.
Las Vegas-based Allegiant Air is increasing its marketing budget and investing more in customer service as it moves into larger markets, such as Pittsburgh, Cincinnati, Baltimore and Memphis, executives said in a briefing at the carrier’s headquarters.
