Airlines & Lessors

Cathay Pacific Airways has posted a net profit of HK$6 billion ($774 million) for 2015, up 90.5% compared to a net profit of HK$3.15 billion for 2014.

SAS Scandinavian Airlines posted a first-quarter FY2015/2016 net loss of SEK246 million ($28.7 million), narrowed from a SEK640 million net loss a year ago.

JetBlue Airways has partnered with Canada-based simulator manufacturer and training provider CAE to create a pilot recruiting and training program for candidates with no prior flying experience.

Expressing deep dissatisfaction with the direction of United Airlines, two of the carrier’s shareholders are nominating a slate of six new directors to the board of parent United Continental Holdings, most prominently including former Continental Airlines CEO Gordon Bethune.

Malaysia Airlines Berhad (MAB) may bring aircraft out of storage to cover for Airbus A380s while they undergo maintenance checks this year.

The latest US Airline Fuel Cost and Consumption figures - for January 2016 and comparative prior months - organized by domestic, international and system totals.

People-March 8, 2016

United Airlines’ more than 420 dispatchers, represented by the Professional Airline Flight Control Association, have voted by a 91% margin to ratify a tentative agreement that will extend their current contract through the end of 2021.

Russian authorities have set a budget of RUB3.25 billion ($44.4 million) for nine carriers to take part in a government-subsidized program on flights between Russia’s Far East and other parts of the country.

An Ethiopian Airlines Boeing 787-8 experienced a nose-gear collapse at the gate as it was about to depart from Addis Ababa Bole Airport on March 4.

Qunar, a Chinese online travel agency (OTA), plans to launch a low-cost carrier (LCC) in Shenzhen in an effort to enhance its position in the travel supply chain.

The UK Department of Transport has stepped in on behalf of Norwegian Air UK (NUK) in the low-cost carrier’s bid to start UK-US air services.

United Airlines has decided to place a firm order for 25 new Boeing 737-700s in addition to the order for 40 737-700s previously announced.

2015 financial year results to-date for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for 2015

Financial results to-date for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the fourth-quarter of 2015.

232 firearms were discovered at 92 US airports in February 2016, up 20.2% year-over-year.

Greece-based Aegean Airlines has reported strong passenger growth in 2015, but faces challenges as the country’s debt crisis continues.

Global air cargo volumes improved 2.7% year-over-year (YOY) in January, according to IATA’s latest Air Freight Market Analysis.

Emirates Airline will codeshare with Russia’s S7 Airlines as the Dubai-based carrier aims to increase its Russian network.

Ethiopian Airlines is negotiating with Rwanda’s national carrier RwandAir for a 49% stake in the African airline, CEO Tewolde Gebremariam confirmed to ATW.

United Airlines president and CEO Oscar Munoz, who has been on medical leave since suffering a heart attack in October 2015, plans to return to work on a full-time basis on March 14, United said.

Boeing delivered 55 commercial aircraft to 23 airlines, six lessors and one unidentified customer in February. Airbus had 46 commercial aircraft deliveries to 29 airlines and two lessors during the month.

Malaysia Airlines is considering buying more Airbus A350 widebodies and has seen a year-over-year 10% improvement in its revenue per available seat kilometer (RASK) for the quarter ended February, the company said Friday.

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

Sunrise Airways began Port-au-Prince-Camaguey, Cuba, service with a new leased ATR 42-320. The 46-seat aircraft will also serve Port-au-Prince-Santiago de Cuba. The Haitian airline hopes to add a second ATR this year through an ACMI contract with Danish Air Transport.