Poland’s largest charter company, Enter Air, had one of its aircraft seized at Paris Charles de Gaulle Airport for several hours for non-payment of fines for noise violations at the airport.
Turkish low-cost carrier (LCC) Pegasus Airlines recorded a sharp deterioration in its half-yearly financial figures, with the airline making a net loss of TL202.9 million ($70 million) widened from a deficit of TL42.2 million for the same period last year.
Former Allegiant Air president Andrew Levy has been named United Airlines CFO, filling a position that had been handled on an acting basis for more than a year.
Finland flag carrier Finnair has launched a new €20 million ($22.5 million) cost-savings program after reporting a €1.1 million second-quarter net loss, an 82% improvement on the €6 million loss it posted in the year-ago period.
US airlines collectively reported approximately $12 billion in pre-tax profit for the first half of 2016, up about 6.2% from $11.3 billion in the 2015 first half, according to Washington, DC-based lobbying group Airlines for America (A4A).
Hong Kong flag carrier Cathay Pacific saw its net profit drop to HK$353 million ($45 million) for the six months through June 30, compared to a profit of just under HK$2 billion in the same period last year.
Irish low-cost carrier (LCC) Ryanair is to add 10 aircraft to its Italian operations and open 44 new routes in 2017 after Italian Prime Minister Matteo Renzi agreed to reverse a €2.50 ($2.80) municipal tax increase from Sept 1, 2016.
As of August 16, 2016, average List Prices for Airbus and Boeing commercial aircraft; with passenger seating capacity, cargo tonnage capacity and aircraft flight range.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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)
