Airlines & Lessors

Atlanta-based Delta Air Lines and Mexico City-based Aeromexico have officially launched their antitrust immunized transborder joint venture (JV).

Etihad Aviation Group has confirmed that president and CEO James Hogan will leave the company July 1, naming chief people & performance officer and Ray Gammell as his interim replacement.

Airbus and Boeing commercial aircraft deliveries for 2017, sorted by most-recent delivery date.

Airbus and Boeing commercial aircraft gross orders for 2017, sorted by most-recent date of order placement with manufacturer.

Commercial aircraft lessor Air Lease Corp. (ALC) posted $84.9 million in net income for the 2017 first quarter, down 8.5% from $92.9 million in 1Q 2016.

Air Canada incurred a 2017 first-quarter net loss of C$37 million ($27.8 million), reversed from a net profit of C$101 million in the 2016 March quarter, as rising fuel costs hit the bottom line.

Jazeera Airways announced a net loss of KD900,000 ($2.96 million) for 1Q 2017 as it continued to be hit by a slowing economic backdrop and excess capacity in the area.

Kenya Airways has appointed former LOT Polish Airlines head Sebastian Mikosz as Group MD & CEO, effective June 1.

International Airlines Group (IAG) posted a first-quarter net profit of €27 million ($29.6 million), down 74% from net profit of €104 million in 1Q 2016.

Global air passenger traffic has grown 7% year-over-year in the first quarter of 2017, exceeding the long-run average 5.5% traffic growth rate, IATA said in its March Air Passenger Market Analysis.

Australian flag carrier Qantas is forecasting another strong profit for its fiscal year through June 30, as international market conditions faced by the carrier improve.

Lufthansa Group low-cost subsidiary Eurowings and Aviation Services CEO Thorsten Dirks took over the position May 1, succeeding Karl Ulrich Garnadt, who retired April 30.

Finnair is preparing for a double-digit capacity growth spurt through until the first quarter of 2017, which will see several new aircraft arrivals.

Air France-KLM has reported a €216 million ($236 million) first-quarter net loss, widened from a €155 million loss in the year-ago period.

The Italian council of ministers has approved a €600 million ($655 million) emergency bridge loan for Alitalia, which should secure operations until November.

Organizers of this year’s Paris Air Show are beefing up security measures following a series of terror attacks in France during the last 24 months.

Atlas Air Worldwide Holdings posted a net loss of $752,000 for the first quarter of 2017, reversed from the company’s $471,000 net profit in the year-ago quarter.

Turkish Airlines carried 13 million passengers in the first quarter, down 8% compared to 14.2 million passengers in the year-ago quarter.

Cargolux Group reported a 2016 net profit of $5.5 million, down 89% from net profit of $49 million in 2015.

Icelandair Group reported a first-quarter 2017 net loss of $34.9 million, widened from the $17 million loss for the 2016 1Q.

New German airline Azur Air is preparing to start operations in June instead of April as previously announced, a company spokesperson confirmed to ATW.

Air France has shared draft terms for its new Boost long-haul operation with pilot unions and set a May 31 deadline for their response.

Angry lawmakers vented their frustration at US airline executives during a congressional hearing on airline customer service Tuesday, threatening to legislate if airlines don’t step up their game.

All Airlines for America (A4A) member airlines are now committed to not removing a boarded passenger from an aircraft in a bumping situation and all are committed to ensuring crew being transported are booked in advance, A4A president and CEO Nicholas Calio said.

Royal Jordanian reported a 2016 net loss of JD24.6 million ($34.5 million), a sharp reversal from 2015’s net profit of JD16 million.