Airlines & Lessors

By Adrian Schofield
Korean Air recorded a consolidated net loss of KRW175 billion ($149 million) for the first quarter, up from a KRW133 loss in the same period a year earlier.
Airlines & Lessors

Singapore Airlines (SIA) Group reported net profit of S$804.4 million ($568.7 million) in its fiscal year ended March 31, more than doubling a S$367.9 million net profit in its previous fiscal year.
Airlines & Lessors

Atlanta-based Delta Air Lines will lower its planned second-half 2016 system capacity growth by one percentage point to below 2% year-over-year, and predicted the move will enable it to return to positive unit revenue growth this year.
Airlines & Lessors

For commercial airlines and airline groups worldwide, year-to-date 2016 passenger traffic, RPKs, load factors, and FTKs, as of May 17, 2016.
Airlines & Lessors

Eight Asia-Pacific low-cost carriers (LCCs) have formed a new standards-based collaborative marketing group, using the IATA New Distribution Capability (NDC) digital interoperability standard.
Airlines & Lessors

Swiss International Air Lines (SWISS)—which will take delivery of its first Bombardier CSeries 100 at the end of June—is making preparations for entry-into-service (EIS) of the new generation aircraft.
Aircraft & Propulsion

By Linda Blachly
Alaska Air Group, parent of Seattle-based Alaska Airlines and regional carrier Horizon Air, has promoted two senior leaders.
Airlines & Lessors

Monthly percentages of total flight cancellations, per reporting airline. Ordered from lowest percentage of total flight operations canceled to highest.
Airlines & Lessors

US Airlines ranked by complaints per 100,000 passengers, lowest to highest; contrasted with complaint rankings from the previous month, and the year-ago month.
Airlines & Lessors

Thailand-based low-cost carrier (LCC) Nok Air reported first-quarter net loss of THB379.9 million ($10.8 million), reversed from net profit of THB55.6 million in the year-ago period.
Airlines & Lessors

By Alan Dron
Bahraini flag carrier Gulf Air has appointed Maher Salman Jabber Al Musallam as CEO.
Airlines & Lessors

By Victoria Moores
Ryanair has opened a training center at London Stansted Airport, as it seeks 1,000 more pilots, cabin crew and engineers this year to fuel its expansion.
Safety, Ops & Regulation

By Linda Blachly
Aircraft Leasing-May 13, 2016
Airlines & Lessors

Belgian regional VLM Airlines has filed a formal application asking for creditor protection for six months to avoid bankruptcy, a source close to the situation confirmed to ATW following media reports in the Belgium and the Netherlands.
Airlines & Lessors

Germany’s airberlin reported a first-quarter net loss of €182.3 million ($206.2 million), narrowed from a €210.1 million loss in the year-ago quarter.
Airlines & Lessors

Shanghai-based Juneyao Airlines is expected to establish a branch company in the Jiangsu province to further explore the East China market.
Airports & Networks

Thai-based Bangkok Airways reported a net profit of THB1.57 billion ($44.5 million) for 1Q 2016, up THB487.9 million (44.9%) from the year-ago period.
Airlines & Lessors

By Mark Nensel
São Paulo-based low-cost carrier GOL reported BRL757.1 million ($208.4 million) first-quarter 2016 net profit, reversing its 1Q 2015 BRL672.7 million net loss.
Airlines & Lessors

Global aviation freight volumes dropped 2% in March year-over-year (YOY), according to IATA.
Airlines & Lessors

By Alan Dron
Latvian flag carrier airBaltic achieved a net profit of €19.5 million ($22.2 million) for 2015, almost doubling its surplus from the previous year’s €10.7 million, the airline said May 12.
Airlines & Lessors

By Victoria Moores
Finland flag carrier Finnair reported a first-quarter net loss of €15.1 million ($17.2 million), narrowed 53.2% from a net loss of €9.8 million in the year-ago period.
Airlines & Lessors

Data represents the total employment, full time plus part time, of all US scheduled passenger, charter and cargo airlines, sorted by Airline Group.
Airlines & Lessors

By Alan Dron
Sharjah-based low-cost carrier (LCC) Air Arabia posted a first-quarter net profit of AED114 million ($31 million), up 34% compared to a AED85 million net profit in the year-ago quarter.
Airlines & Lessors

Asia’s recently democratized nation, Myanmar (formerly Burma), is expanding its aviation capability with a new airline and the construction of an international airport.
Airports & Networks

By Linda Blachly
People-May 10, 2016
Airlines & Lessors