On the morning of Sept. 11, 2001, I was listening to Canadian transport minister David Collenette address the Airports Council International-North America Conference and Exhibition at the Montreal convention center.
In the approach to the 15th anniversary of 9/11, the terrorist attack on the US using hijacked airliners as the weapons, ATW editors reflect on the commercial air transport industry then and now. Contributing Editors: Linda Blachly, Aaron Karp, Victoria Moores, Mark Nensel, Karen Walker
Total market air passenger traffic increased 5.9% year-over-year (YOY) in July, improved on June’s 5.2% growth, according to IATA’s latest Air Passenger Market Analysis.
Low-cost carrier (LCC) flydubai reduced its deficit for the 2016 first half, registering a net loss of AED89.9 million ($24.5 million), a 39% improvement on the same period a year ago.
Global air freight market demand increased 5% year-over-year (YOY) in July—the sector’s biggest rise since February 2015—according to IATA’s Air Freight Market Analysis.
China Eastern Airlines reported a 2016 first-half net profit of CNY3.23 billion ($486 billion), down 9.3% compared to net income of CNY3.56 billion in the same period last year.
Airberlin group has promoted Dimitri Courtelis to the position of CFO, succeeding Arnd Schwierholz who has resigned to pursue challenges outside the aviation industry.
Indianapolis-based Republic Airways Holdings, the parent company of regional carriers Republic Airlines and Shuttle America, announced Sept. 2 an agreement had been reached with Dallas/Fort Worth-based American Airlines “[securing] a long-term relationship between the two airlines.”
Vietnamese low-cost carrier (LCC) Jetstar Pacific has firmed up a memorandum of understanding (MOU) for 10 A320ceos, which it will use for network expansion.
Vietnamese low-cost carrier (LCC) Vietjet has placed a firm order for 10 Airbus A321ceos and 10 A321neos, and finalized an agreement to establish a new training center.
Irish low-cost carrier (LCC) Ryanair has downgraded its UK growth plan to just 6% in 2017-18, down from 15% in 2016-17, because of uncertainty triggered by the UK’s vote to leave the European Union (Brexit).
Malaysia-based AirAsia aims to set up a Chinese subsidiary with a local partner, Kathleen Tan, newly appointed president for North Asia, said—just six weeks after the group said it was not pursing airline joint ventures.
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.
