Airlines & Lessors

Airline Routes-Feb. 15, 2016

Etihad Airways president and CEO James Hogan and IATA CEO and DG Tony Tyler were among those honored Monday at the Air Transport World 42nd annual airline industry achievement awards in Singapore.

Culled from IATA's annual safety performance report, accidents in 2015 involving all turboprop aircraft where the accident resulted in a hull loss.

Belgian regional VLM Airlines has launched three German domestic routes from Friedrichshafen Airport in south Germany.

Ethiopian Airlines Group has invested $100 million in expanding and upgrading its aviation academy at Addis Ababa Bole International Airport.

Culled from IATA's annual report on accidents involving all jet aircraft where the accident resulted in a hull loss.

Singapore Airlines (SIA) has signed a 10-year Flight Hour Services-Tailored Support Package (FHSTSP) contract with Airbus to integrate and provide full component support, line and base airframe maintenance, as well as fleet technical management services for SIA’s 19 A380s.

A Virgin Atlantic flight, en route from London Heathrow to New York JFK on Feb. 14, was forced to return to Heathrow after a “laser beam incident,” according to the airline.

Progress is being made toward reaching a comprehensive agreement between the Association of South East Asian Nations (ASEAN) and the European Union (EU) on an air services accord that would create a massive liberalized commercial aviation market, according to Singapore infrastructure and transport minister Khaw Boon Wan.

People-Feb. 12, 2016

Average Domestic Air Fare for US airports for the third quarter of 2015, sorted by airport groups based on originating passenger numbers.

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

As part of its new brand refresh and marketing campaign, Alaska Airlines has chosen a new advertising agency of record, its first agency change in 20 years.

Moody’s Investors Service has upgraded Delta Air Line’s debt rating to investment-grade.

Air Canada dispatchers, represented by the Canadian Airline Dispatchers Association (CALDA), have ratified a new 12-year collective agreement.

PSA Airlines has taken delivery of a Bombardier CRJ900, which will be operated for American Airlines under the American Eagle brand.

Passenger traffic across airports owned by Malaysia Airports Holdings Berhad (MAHB) saw a 3.2% increase to 6.85 million passengers in January 2016, compared to 6.64 million seen in the year-ago period.

Lufthansa has taken delivery of its second Airbus A320neo in Hamburg. Its first A320neo, which was delivered Jan. 20 with Pratt & Whitney’s PW1100G engines, will keep operating on domestic routes within Germany until its engine issues are resolved, according to Lufthansa chairman and CEO Carsten Spohr.

Air New Zealand is boosting the capabilities of some of its core turboprop and jet aircraft types by investing in advanced avionics upgrades.

New Cypriot low-cost carrier (LCC) Cobalt plans to start operations at the end of March, once its air operator’s certificate (AOC) is finalized, according to CEO Andrew Pyne.

Gulf low-cost carrier (LCC) Air Arabia earned net profits of AED 530 million ($144 million) in 2015, down on the previous year’s figure of AED 566 million.

JetBlue Airways has established a Northern California-based venture capital unit—JetBlue Technology Ventures—to invest in, incubate and partner with early stage technology startups in travel and hospitality.

Virgin Australia reported an A$62.5 million ($43.8 million) net profit for the six months through Dec. 31, 2015, representing a turnaround from an A$47.8 million loss a year earlier.

Indian full-service carrier Vistara has replaced its previous chairman, Prasad Menon, with consumer goods executive Bhaskar Bhat.

Low-cost carrier (LCC) Norwegian edged back into the black in 2015, recording a full-year profit of NOK246.2 million ($28.7 million), reversed from a loss of NOK 1.07 billion in 2014.