Singapore-based low-cost carrier Tiger Airways Holdings reported a S$12.8 million ($8.93 million) second quarter 2016 net loss, down 93% from a $143 million loss in the year-ago period.
The Austrian Ministry of Transport said it will cancel Austrian regional InterSky’s air operator’s certificate (AOC) if it does not declare it has enough money to operate by Nov. 3.
United Parcel Service (UPS) Airlines pilots have voted to authorize a strike, though a number of steps remain before the flight deck crew can actually strike.
A German court has granted Etihad Airways temporary permission to continue operating all codeshare flights with airberlin to destinations in Europe, the US and the United Arab Emirates (UAE).
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.
