China Eastern Airlines reported a net profit of CNY5.33 billion ($837 million) for the first nine months of 2015, more than doubling a net income of CNY2.06 billion in the year-ago period.
Transaero Airlines must apply for a new air operator’s certificate (AOC) if it wants to resume flights, according to Alexander Neradko, head of Russia’s Federal Air Transport Agency.
Air France-KLM Group has reported a third-quarter net income of €480 million ($529.6 million), up from a €86 million in the year-ago period, due to strong summer trading.
The Quebec government will make a $1 billion cash investment in Bombardier that will allow the Montreal manufacturer to take its new CSeries aircraft through certification to full production, Bombardier announced Thursday.
Icelandair is now expecting to deliver a full-year EBITDA of $210-$215 million, compared with its original $160-$165 million guidance, due to higher revenues and lower fuel and maintenance costs.
El Al Israel Airlines has signed a firm order for three Boeing 787s, is finalizing a contract for another six direct from the manufacturer, and will lease a further six of the type.
Grupo Aeroméxico reported MXP737 million ($43.1 million) in consolidated net profit for the 2015 third-quarter, more than tripling its 3Q 2014 net result.
Garuda Indonesia reported a net profit of $51.4 million for the first nine months of 2015, reversed from a $220.1 million net loss in the year-ago quarter.
Taiwan-based regional carrier Far Eastern Air Transport (FEAT) is looking to expand from its home base at Taipei's Songshan airport into China, and to replace its aging McDonnell Douglas fleet.
All Nippon Airways (ANA) reported a net profit of ¥53.9 billion ($447.8 million) for the half-year to Sept. 30, a 50% increase from the same period a year earlier.
Delta Air Lines announced Wednesday it will cease its Atlanta-Dubai service from Feb. 11, 2016, blaming “overcapacity” from Gulf carriers for the pullout.
Finnair CEO Pekka Vauramo believes the biggest challenge for the oneworld member will be to grow further to reach a more competitive size as soon as possible.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, posted a first-quarter net profit of $36.3 million, a slight decrease from net income of $41.3 million in the 2014 September quarter.
Rotana Jet has confirmed it is the first airline in the Middle East and Africa to deliver a live transaction using IATA’s New Distribution Capability (NDC) standard, which has been validated by the IATA IT technical team.
United Parcel Service (UPS) posted third-quarter net income of $1.26 billion, up 3.5% from $1.21 billion in net profit during the 2014 September quarter.
United Airlines has reached an agreement with the International Brotherhood of Teamsters (IBT) to ratify a proposed joint collective bargaining agreement.
Several carriers are taking over Transaero’s domestic destinations to Russia’s Far East after authorities canceled its air operator’s certificate Oct. 26 due to financial and safety concerns.
