Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, posted 2015 net income of $220.4 million, more than doubling its 2014 net result of $87 million.
Pratt & Whitney’s 2015 operating profit was more than cut in half compared to 2014 as the company took a significant one-time charge and reported a slight revenue decrease, but parent United Technologies Corp. (UTC) reiterated its confidence in Pratt’s geared turbofan (GTF) engine.
Moscow’s three airports—Sheremetyevo, Domodedovo and Vnukovo—handled 37.9 million passengers in 2015, down 10.4% year-over-year (YOY), according to statistics released by Russia’s Federal Air Transport Agency, Rosaviatsia.
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.
Airbus is assembling the main airframe sections of China Airline’s first A350 XWB at the Final Assembly Line (FAL) in Toulouse, France, as a 2016 third-quarter delivery date approaches.
International traffic on Asia-Pacific carriers grew 7.9% to 276.3 million passengers in 2015, according to the Association of Asia Pacific Airlines (AAPA).
Central European low-cost carrier (LCC) Wizz Air reported net profits of €15.6 million ($17 million) for 3Q 2015, a drop of 20.9% on the same quarter a year previously.
International traffic for Russian airlines was down 15.8% in 2015 to 39.5 million year-over-year (YOY), according to Russia’s Federal Air Transport Agency, Rosaviatsia.
Boeing reported net income of $5.18 billion for the full-year 2015, down 5% from a net profit of $5.45 billion in 2014, as significant one-time charges related to two programs—the KC-46 tanker and the 747-8—hit the bottom line.
Oslo Airport has started supplying Air BP Biojet via its regular fuel hydrant system, naming KLM Royal Dutch Airlines, Lufthansa Group and SAS Scandinavian Airlines as launch customers.
UK low-cost carrier (LCC) EasyJet’s FY 2016 1Q revenue of £929.5 million ($1.38 billion), a 0.1% year-over-year drop, reflected lower demand after terrorist attacks in Egypt and France.
Singapore-based low-cost carrier (LCC) Tigerair reported a 3Q 2016 net profit of S$6.8 million ($4.75 million), more than doubled compared to a S$2.2 million profit in the year-ago period.
Indian low-cost carrier IndiGo reported a 3Q 2016 net profit of INR6.57 billion ($96.6 million), up 23.7% compared to INR 5.31 billion in the year-ago period.
Air Canada workers, represented by the International Association of Machinists and Aerospace Workers (IAMAW), ratified a new 10-year collective agreement.
More than 8,000 flights were canceled in the US over the weekend, according to flight tracking site FlightAware, as a major snowstorm hit the Mid-Atlantic region.
