United Continental Holdings earned net income of $313 million in the first quarter, down 38.4% from a net profit of $508 million in the 2015 March quarter, as revenue fell 4.8% year-over-year to $8.2 billion.
Russia’s Volga-Dnepr Group and Moscow Sheremetyevo International Airport (SVO) have joined efforts to facilitate the development of the cargo industry in Russia.
Russia’s United Aircraft Corp. (UAC) reported a 2015 net loss of RUB108.7 billion ($1.5 billion), widened from a net loss of RUB13.7 billion in the year-ago period.
United Continental Holdings has resolved the proxy fight over the makeup of its board of directors by agreeing to make former Air Canada CEO Robert Milton the non-executive chairman of the board.
Las Vegas-based Allegiant Air is increasing its marketing budget and investing more in customer service as it moves into larger markets, such as Pittsburgh, Cincinnati, Baltimore and Memphis, executives said in a briefing at the carrier’s headquarters.
KLM has made progress with its labor costs and is expanding its network and airline partnerships while revamping its fleet with new onboard cabins and services.
Scoot is a medium-haul, low-cost carrier (LCC) operating out of Singapore’s Changi Airport to 16 destinations across Asia, Australasia and the Middle East.
After what Alaska Air Group CEO Brad Tilden described as a “hard fought competition,” his company walked away with the $4 billion prize—a rare opportunity to grow via an acquisition-merger with Virgin America.
Airport freight traffic in metric tonnes for 2016 year-to-date, organized by world regions. Year-over-year percentage changes provided by Airports Council International.
Malaysia Airlines Berhad CEO Christoph Mueller has said he will resign in September, citing “changing personal circumstances.” The unexpected announcement comes less than a year after Mueller took over the top executive spot at Malaysia Airlines. The former Aer Lingus CEO known for turning around airlines was named CEO of Malaysia Airlines in late 2014 as the carrier was dealing with the aftermath of two fatal Boeing 777 crashes—flights MH370 and MH17—and took the position on May 1, 2015.
Hong Kong International Airport (HKIA) recorded a 4.8% rise in the number of passengers handled in March 2016 compared to March 2015, with a total of 6 million passengers.
Europe’s largest regional airline, UK-based Flybe, and Channel Islands-based carrier Blue Islands will start a 10-year franchise agreement from June 6, the two airlines have announced.
Lufthansa Group is in talks with SAS Scandinavian Airlines and Brussels Airlines about those carriers becoming part of Lufthansa’s low-cost carrier (LCC) Eurowings business, several German media outlets reported.
The commercial aviation industry has become much more adept in a changing operational environment at ensuring public confidence, but faces ongoing communications challenges, IATA DG and CEO Tony Tyler told the IATA Ops Conference in Copenhagen.
Calls for action to mitigate the threat to passenger aircraft from unmanned aerial vehicles (UAVs) came from Europe’s main regional airline trade group and others following an April 17 incident at London Heathrow Airport.
