Airlines & Lessors

Dubai-based low-cost carrier (LCC) flydubai posted AED100.7 million ($27.4 million) net income for 2015, down 59.7% from its AED250 million net result in 2014.

Indian low-cost carrier (LCC) IndiGo is adding 10 new services to its network in February, boosting its daily roster to 700 flights.

Irish low-cost carrier Ryanair announced it will open two new German bases at Nuremberg and Hamburg, beginning Nov. 1.

Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest and comparative figures for the current week.

Turkish Airlines took delivery of its 300th aircraft, an Airbus A330-300, at Istanbul Atatürk International Airport on Feb. 5.

193 firearms were discovered at US airports in January 2016, up 11.6% year-over-year, as detailed in Total TSA Gun Catches for January 2016 (loaded or unloaded firearms discovered at TSA checkpoints at airports across the US).

Spirit Airlines’ 2015 net profit of $317.2 million was up 40.7% over net income of $225.5 million in 2014, but the ultra low-cost carrier’s (ULCC) new CEO acknowledges that operational performance needs to improve.

Aircraft & Engine News-Feb. 9, 2016

The easyGroup private investment company, owned by easyJet founder Stelios Haji-Ioannou, is once again at odds with the airline’s management team.

Dublin-based ASL Aviation Group has signed a conditional agreement to buy two cargo airlines owned by TNT Express, which is itself being acquired by FedEx.

Russia’s Aeroflot received RUB1.49 billion ($20.5 million) in government subsidies in 2015, according to the carrier’s financial results published in accordance with Russian Accounting Standards.

Low-cost carrier (LCC) Ryanair will close two bases in Italy and stop services to another Italian destination completely over an increase in the country’s municipal tax.

Airberlin, which is undergoing an extensive restructuring process, has said about 80 managers will accept salary cuts up to 10% this year.

Airberlin announced it has appointed Thilo Schäfer as managing director of Leisure Cargo on March 1.

China’s Hainan Airlines is gearing up to launch a second Canadian flight to Calgary, the home base of interline partner WestJet Airlines.

Just two months after Portugal agreed to a private consortium taking a majority stake in national carrier TAP, the country’s government has scaled back the acquiring consortium’s share to 45%.

Malaysian low-cost carrier (LCC) Malindo Air has launched a daily service from Kuala Lumpur International Airport (KLIA) to Hong Kong International Airport (HKIA) using Boeing 737-800 aircraft, which is configured in 12 business and 150 economy class seats.

Russia’s Yekaterinburg-based Ural Airlines will develop its international network from Samara’s Kurumoch International Airport.

Kuwait’s Jazeera Airways posted a net profit of KD15.4 million ($51.3 million) for 2015, reversed from a loss of KD2.8 million in 2014.

Kuwaiti regional carrier Jazeera Airways has embarked on a search for an airline partner in a joint venture that will take it into the long-haul market for the first time.

Somali authorities say the Feb. 2 onboard explosion of a Djibouti-based Daallo Airlines Airbus A321-100, en route from Mogadishu to Djibouti, was caused by a bomb.

Sabre Corp. has deployed new distribution capability (NDC) technology to sell American Airlines’ Preferred and Main Cabin Extra Seats.

Boeing named Brett Gerry president of Boeing Japan, effective April 1.

Turkish Airlines and Boeing have signed a collaboration agreement to strengthen the carrier’s industry position, as well as Turkey’s aerospace and technology capabilities.

SkyWest Inc., the St. George, Utah-based parent of regional carriers SkyWest Airlines and ExpressJet Airlines, earned a net profit of $117.8 million for the full-year 2015, reversed from a net loss of $24.2 million in 2014.