Airlines & Lessors

US airline Virgin America reported a $38.1 million net profit for the 2016 second quarter, down 41.4% from a $65 million net profit in 2Q 2015.

Airbus and Boeing commercial aircraft gross orders for 2016 year-to-date, sorted by most-recent date of order placement with manufacturer.

Airbus and Boeing commercial aircraft deliveries for 2016 year-to-date, sorted by most-recent delivery date.

Bombardier took a $492 million hit in its second-quarter financials because of deep discounts in CSeries aircraft deals with three airlines, the Canadian company said Friday.

Las Vegas-based Allegiant Air, the low-cost subsidiary of Allegiant Travel Co., broke ground Aug. 4 on a US East Coast training center in Sanford, Fla., adjacent to Orlando Sanford International Airport (SFB).

Lufthansa subsidiary Swiss International Air Lines (SWISS) will cut its double daily Zurich-Istanbul Ataturk flights from Oct. 29.

Germany-based airberlin has signed a codeshare agreement with UK-based regional airline Flybe that will increase connectivity between their two countries and beyond.

Russian airlines carried 38.1 million passengers in the 2016 first half, down 7.6% year-over-year (YOY).

British Airways (BA) has completed a major makeover of 18 of the airline’s Boeing 747s to give them the look and feel of their newest aircraft, with 16 additional Club World lie-flat seats and state-of-the-art inflight entertainment systems.

Global air passenger traffic growth is up 6% year-over-year in the 1H 2016, according to IATA’s latest Air Passenger Market Analysis.

Canada’s two biggest airlines continue to focus on growing international business, despite recent challenges.

Polish flag carrier LOT has denied press reports that its Chinese counterpart Air China is considering taking a 49% stake in the eastern European airline.

HNA Group subsidiary Hainan Airlines has completed a deal for a 23.7% stake in Brazil’s Azul Airlines, with a $450 million investment.

Panama City-based Copa Holdings posted net income of $54.5 million for the 2016 second quarter, down 14.9% from a net income of $64.1 million in the year-ago quarter.

Worldwide air freight market demand rose 4.3% year-over-year (YOY) in June—the sector’s biggest rise since April 2015—according to IATA’s Air Freight Market Analysis.

Air cargo operator Atlas Air Worldwide Holdings posted 2016 second-quarter net income of $20.6 million, down 27.5% from the $28.4 million net profit the company reported in the year-ago quarter.

At a Glance: About Emirates Airline

Japan’s All Nippon Airways (ANA) reported a net profit of ¥6.6 billion ($65.2 million) in the fiscal first quarter, down 20%, mainly because of earthquakes in southern Japan and concerns about terrorist attacks in Europe.

An Emirates Airline Boeing 777-300 crash-landed at Dubai International Airport Aug. 3 and was destroyed by fire. None of the 282 passengers and 18 crew was injured, the airline said. However, the Dubai government said one firefighter was killed.

Aircraft Leasing-Aug. 2, 2016

Lufthansa Group delivered a first-half net profit of €429 million ($463.3 million), down 55% from a net profit of €954 million a year ago.

South Korea-based low-cost carrier (LCC) Eastar Jet has become the fifth airline to join the first North Asian U-FLY Alliance of low-cost carriers.

Garuda Indonesia reported a net loss of $63.2 million for the six months through June 30, reversed from a $29.3 million profit a year earlier.

German-based restructuring specialist 4K Invest (AA International Aviation Holding) has completed the takeover of Slovenian flag carrier Adria Airways.

India-based low cost carrier (LCC) IndiGo reported a net profit of INR5.92 billion ($87.3 million) for its 1Q 2017 period to end June 2016, down 7.4% compared to the same period last year.