Airlines & Lessors

By Mark Nensel
São Paulo-based low-cost carrier GOL posted BRL309.5 million ($94.2 million) net profit for the 2016 second quarter, reversing its 2Q 2015 BRL354.9 million net loss.
Airlines & Lessors

By Alan Dron
Philippines-based Cebu Pacific Air Group posted a net income of PHP7.7 billion ($164 million) for the half-year ended June 30, a substantial improvement on PHP5.2 billion for the same period last year.
Airlines & Lessors

By Adrian Schofield
Korean Air reported a second-quarter net loss of KRW251 billion ($216 million), deepened from a net loss of KRW169 billion in the year-ago quarter, despite an improvement in operating profit.
Airlines & Lessors

By Victoria Moores
Japan has approved Spain’s flag carrier Iberia to be included in a Europe-Japan revenue-sharing partnership, which includes oneworld carriers British Airways (BA), Finnair and Japan Airlines (JAL).
Safety, Ops & Regulation

By Alan Dron
India’s Jet Airways Group recorded a net profit of $18.6 million for the first quarter of the airline’s 2017 financial year.
Airlines & Lessors

By Alan Dron
Singapore-based lessor BOC Aviation has placed one new Airbus A321-200 and one new A320-200 with Hungary-based low-cost carrier (LCC) Wizz Air from its own order book.
Airlines & Lessors

By Mark Nensel
Santiago, Chile-based LATAM Airlines Group reported a $92.1 million net loss for the 2016 second quarter, deepened from the group’s $49.7 million net loss in 2Q 2015.
Airlines & Lessors

Florida-based ultra low-cost carrier (LCC) Spirit Airlines is making a number of executive changes at the carrier, as new CEO Robert Fornaro settles into his job.
Airlines & Lessors

By Alan Dron
Sharjah, UAE-based low-cost carrier (LCC) Air Arabia recorded a first-half net profit of AED245 million ($66.7 million), up 3.5% compared to the same period last year.
Airlines & Lessors

Halifax-based Chorus Aviation, the parent company of Canadian regional airline Jazz Aviation, reported a second-quarter net profit of C$23.7 million ($18.2 million), down 24.5% from net income of C$31.4 million in the 2015 June quarter.
Airlines & Lessors

By Linda Blachly
People-Aug. 11, 2016
Airlines & Lessors

By Polina Montag-Girmes
Aeroflot subsidiary Aurora Airline recorded a 68% increase in commuter flights in Russia’s Sakhalin region in the 2016 first half, to 49,188 passengers carried year-over-year (YOY)
Airlines & Lessors

Taiwan-based China Airlines will lease six additional Boeing 737-800s from BOC Aviation.
Airlines & Lessors

TransAsia Airways’ low-cost carrier (LCC) subsidiary V Air will suspend all services from Oct. 1, the airline announced Aug. 9.
Airlines & Lessors

By Linda Blachly
Aircraft Leasing-Aug. 10, 2016
Airlines & Lessors

By Polina Montag-Girmes
Russian airlines taking part in Far East subsidy program have carried more than 238,000 passengers from April 1 through end of July 2016.
Airlines & Lessors

By Alan Dron
A passenger who believed he had missed his Ryanair flight from Madrid’s Barajas Airport took matters into his own hands in his attempts to travel to Gran Canaria, one of the Canary Islands off the northwest coast of Africa.
Airports & Networks

For commercial airlines and airline groups worldwide, year-to-date 2016 passenger traffic, RPKs, load factors, and FTKs, as of August 10, 2016.
Airlines & Lessors

Germany-based airberlin has reported an €89.1 million ($99 million) net loss for the 2016 second quarter, widened from a €37.5 million loss in 2Q 2015.
Airlines & Lessors

By Mark Nensel, Linda Blachly
Delta Air Lines said it started Wednesday, Aug. 10 operations with a little over 150 systemwide cancellations, with expectations that normal operations would return by mid-to-late afternoon.
Airlines & Lessors

By Linda Blachly, Mark Nensel
Online retail and technology company Amazon showcased its first branded air cargo aircraft Aug. 5 during Seafair’s Air Show, an annual community celebration in Seattle, Washington.
Airlines & Lessors

Germany’s Lufthansa Cargo has taken over complete ownership of time:matters Group, a company specializing in global same-day delivery and time-critical international spare part logistics.
Airlines & Lessors

By Alan Dron
UK low-cost airline Jet2 is to ban alcohol sales on early morning departures as it seeks to tackle unruly onboard behavior.
Airlines & Lessors

By Alan Dron
Arabian flag carrier Oman Air has signed a letter of intent with lessor Dubai Aerospace Enterprise (DAE) for the sale and leaseback of two new Boeing 737-800 aircraft.
Airlines & Lessors

Malaysia Airlines has appointed Arved von zur Muehlen as CCO, effective Sept. 5, succeeding Paul Simmons who will be leaving in mid-September.
Airlines & Lessors