Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported GAAP net income of $274 million for the third-quarter, up 38.4% year-over-year (YOY).
United Airlines executives said the carrier is preparing to make a number of customer service improvements in accordance with the guidance of president and CEO Oscar Munoz, who is on medical leave.
Southwest Airlines earned net income of $584 million in the third quarter, up 77.5% from a net profit of $329 million in the 2014 September quarter, as the carrier continued to grow capacity at a faster rate than other major US airlines.
The European Commission has released an action plan, prepared by the European Aviation Safety Agency (EASA), aimed at tackling issues raised by the Germanwings accident on March 24.
United Airlines parent United Continental Holdings posted a third-quarter net profit of $1.61 billion, up 74.6% over net income of $920 million in the prior-year period.
Indian low-cost carrier (LCC) IndiGo is looking to raise up to $500 million in its upcoming IPO to cut its debt and fund its recent $26 billion aircraft order.
Norwegian has doubled its third quarter pre-tax profit and ordered 19 Boeing 787-9s, plus 10 options, in a deal valued at more than $5 billion at list prices.
Global mobile satellite communications services provider Inmarsat has signed a contract to provide high-speed inflight connectivity services on Lufthansa’s European continental fleet.
This table shows the current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
German aviation authorities are again questioning the continuation of codeshare routes for the upcoming winter schedule beginning Oct. 25 between Etihad Airways and its strategic equity partner airberlin.
In August, full-time equivalent employment at US scheduled passenger airlines reached a seven-year peak, according to the Bureau of Transportation Statistics.
FedEx has received an informal notification from the European Commission, effectively clearing its €4.4 billion ($4.9 billion) TNT Express takeover bid.
Mexican ultra-low-cost carrier (ULCC) Volaris reported an MXP1.15 billion ($67.4 million) net profit during the 2015 third-quarter. Compared to the airline’s MXP347 million take in the 2014 third-quarter, the company more than tripled its profit.
The Association of European Airlines (AEA) has secured approval for its 2016 budget, although its future is still to be decided following several high-profile member airline exits.
The pilots of FedEx Express, represented by the Air Line Pilots Association (ALPA), approved a new contract with FedEx Corp. management that goes into effect in November and will extend to 2021.
Lufthansa’s flight attendant union, UFO, has announced the latest round of talks between the airline and cabin crew workers has failed, and further strike actions could be possible.
