Air Malta expects to reduce its loss to around €4 million ($4.5 million) for the financial year ending March 2016, but more work is required to improve productivity, chairperson Maria Micallef said at the annual general meeting Oct. 16.
Delta Air Lines’ oil refinery earned a $106 million profit in the third quarter, a more than fivefold improvement over a $19 million profit in the 2014 September quarter.
India-based low-cost carrier (LCC) SpiceJet is reportedly looking to buy some 200 new aircraft worth over $10 billion at current prices to expand its fleet and network.
Year-over-year changes at US airlines with over 1000 Full-time Equivalent (FTE) employees, ranked by increase/decrease in employees. FTE calculations count two part-time employees as one full-time employee.
Latvia is expected to decide on the partial privatization of airBaltic on Oct. 20, which will in turn dictate the funding of the airline’s new Bombardier CSeries aircraft and the pace of its Baltic region expansion.
For Brazilian manufacturer Embraer's commercial aircraft, consolidated 2015 orders, deliveries and cancellations -- updated for the 2015 third-quarter.
Indonesia’s state oil company, Pertamina, has cut its jet fuel prices 5.25% to $0.44 a liter for international flight usage, following pressure from Indonesian carriers. It has also cut fuel prices 1.5% for domestic operators.
The Qantas transformation program—which should be completed in 18 months—is making operations across every division “incredibly efficient,” CEO Alan Joyce told ATW last week in Helsinki.
Delta Air Lines is buying six slot pairs at slot-constrained London Heathrow Airport from joint-venture partner Air France-KLM, the Atlanta-based airline’s executives said on Oct. 14.
Taipei-based EVA Airways will buy up to 24 Boeing 787-10s and two additional 777-300ER aircraft, in an order valued at more than $8 billion at list prices.
The Ukrainian State Aviation Administration announced a total ban of all Russian airlines from flying into Ukraine as of Oct. 25, in a back-and-forth political move.
Saratov Airlines will appeal the restrictions on its air operator’s certificate (AOC), prohibiting it from operating international flights due to a safety violation.
