Spanish flag carrier Iberia has formally joined the Europe-Japan joint venture with oneworld alliance members British Airways (BA), Finnair and Japan Airlines (JAL).
Irish low-cost carrier (LCC) Ryanair has lowered its 2016-17 full-year net-profit guidance to €1.3-€1.35 billion ($1.4-$1.5 billion), 5% lower than previously forecast, because of currency exchange effects following the UK’s decision to leave the European Union (Brexit).
Chicago-based United Airlines parent United Continental Holdings reported a third-quarter net profit of $965 million, down 80% from a net income of $4.8 billion in the 2015 September quarter.
Aeroflot subsidiary Aurora Airline—which serves Russia’s Far East—has forecasted it will carry 1.4 million passengers in 2016, a 20% year-over-year (YOY) traffic increase, according to CEO Konstantin Sukhorebrik.
China Eastern Airlines has opened a branch company in Guangdong as the Shanghai-based carrier aims to enhance its position in the Pearl River Delta regional market of South China.
The US Department of Transportation (DOT) has issued an emergency order banning Samsung Galaxy Note7 smartphones from being transported by air in the US—either by passengers or as air cargo—because of fire concerns. The ban went into effect Oct. 15 at 12 p.m. eastern time in the US.
For Brazilian manufacturer Embraer's commercial aircraft, consolidated 2016 orders, deliveries and cancellations -- updated through the 2016 third quarter.
Philippine Airlines (PAL) has signed a letter of intent (LoI) to acquire “up to 12” Bombardier Q400 regional turboprops, the Canadian OEM announced Oct. 14.
Boeing has named VP-sales Northeast Asia Ihssane Mounir the new Boeing Commercial Airplanes VP-sales and marketing, replacing John Wojick as the company’s top commercial aircraft salesperson.
Hong Kong Airlines (HKA) sees potential for more growth in Australia and New Zealand, two markets the carrier has picked for its first steps into long-haul operations.
Delta Air Lines’ Trainer, Pennsylvania oil refinery is expected to incur an operating loss of about $100 million for the full-year 2016 after posting operating profits in both 2014 and 2015.
Swedavia, owner and operator of 10 airports across Sweden, reported Oct. 13 a total of 29.7 million passengers have embarked and disembarked at the state-owned company’s airports through Sept. 30, a 5% rise year-over-year (YOY).
Delta Air Lines reported a third-quarter 2016 net profit of $1.26 billion, down 4% from net income of $1.32 billion in the 2015 September quarter, as revenue dropped 6% year-over-year to $10.48 billion.
Financial results to-date for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the second quarter of 2016.
UK carrier Monarch Airlines announced Oct. 12 it has received a £165 million ($203 million) injection from majority shareholder, Greybull Capital, on the deadline set by UK regulator Civil Aviation Authority to have fresh funding in place.
Richard Anderson has retired as executive chairman of Delta Air Lines’ board of directors, departing from the Atlanta-based airline on which he left an indelible mark over the last nine years.
