Airlines & Lessors

By Victoria Moores
Under József Váradi’s leadership, Budapest-based Wizz Air has fought off fierce competition to become Eastern Europe’s leading budget carrier.
Airlines & Lessors

Air Canada reported a second-quarter net profit of C$296 million ($239.6 million), up 32.7% from a net profit of C$223 million in the year-ago period.
Airlines & Lessors

Korean carrier Asiana Airlines has reported a 2015 second-quarter net loss of KRW85 .4 billion ($72.4 million), 720% deeper than a net loss of KRW11.8 billion for the year-ago period.
Airlines & Lessors

The latest airport passenger traffic and aircraft movements for 184 airports worldwide - current through June 2015 - presented in monthly and year-to-date figures.
Airlines & Lessors

Air China will launch 3X-weekly Boeing 777-300ER Beijing-Johannesburg service from Oct. 29, marking the Chinese carrier’s entrance into the African market.
Airports & Networks

By Linda Blachly
Airline News
Airlines & Lessors

Filipino flag carrier Philippine Airlines (PAL) plans to launch Cebu-Los Angeles (LAX) service from March 2016.
Airports & Networks

By Alan Dron
El Al Israeli Airlines recorded a first-half net profit of $1.3 million, reversed from a loss of $23.4 million for the corresponding period last year.
Airlines & Lessors

The Sabah and Sarawak state governments have renewed interest in buying Malaysia Airlines’ regional arm, MASwings, from the Khazanah sovereign wealth fund.
Airlines & Lessors

SkyWest Airlines said a “strong majority” of its pilots have voted to accept a new, three-year labor contract.
Safety, Ops & Regulation

JetBlue Airways, which has seen its Mint product perform strongly on transcontinental routes, is gearing up for the arrival of more aircraft to expand into new cross-country markets.
Aircraft & Propulsion

By Joe Anselmo
One of the world’s savviest investors is placing the biggest bet of his career on the future of the commercial aircraft industry.
Aircraft & Propulsion

Airline Routes-Aug. 10, 2015
Airports & Networks

By Mark Nensel
Worldwide air passenger traffic grew 5.7% year-over-year (YOY) in June, slowing from May’s 6.9% YOY growth, according to IATA’s June Air Passenger Market Analysis report.
Airlines & Lessors

Calling current demands from pilot-union leaders “outrageous and irrational,” Republic Airways Holdings executives said they plan to present a best-and-final contract offer to the International Brotherhood of Teamsters (IBT) Local 357 on Aug. 20.
Safety, Ops & Regulation

By Alan Dron
Scandinavian Airlines (SAS)—which announced plans in December 2014 to “reboot” its Blue1 subsidiary by replacing its nine Boeing 717s with 737-600s from its mainline fleet—is now rethinking the plan.
Aircraft & Propulsion

By Alan Dron
Iraqi Airways has been banned from the European Union (EU) and four other European nations following a series of alleged safety lapses and inability to provide documentation to the European Aviation Safety Agency (EASA).
Safety, Ops & Regulation

The Virgin Australia Group reported a net loss of A$93.8 million ($71.8 million) for the full year ended June 30 (FY2015), narrowed from an A$353.8 million loss in the previous financial year.
Airlines & Lessors

By Alan Dron
Avolon has agreed to a four-week exclusivity agreement with China’s Bohai Leasing, one of the suitors hoping to buy the Ireland-based lessor.
Airlines & Lessors

Total TSA Gun Catches for July 2015 (loaded or unloaded firearms, plus stun-guns, discovered at TSA checkpoints across the US). 225 firearms were discovered in July 2015, up 23.6% year-over-year.
Airlines & Lessors

LAN Airlines, a brand that has existed since 1932, will gradually disappear over the next three years as all LATAM Airlines Group carriers are unified under a single brand: LATAM.
Airlines & Lessors

Alaska Airlines is using new 76-seat regional jets to compete on monopoly routes at Portland International Airport (PDX) and provide an unchallenged nonstop link to Omaha, a popular market for connecting traffic.
Airports & Networks

Virgin America is no longer subject to credit-card holdbacks from processing companies, a development that should free up some short-term cash, the airline told investors recently.
Safety, Ops & Regulation

Thai Airways International will cut its workforce by 1,400 by the end of the year.
Airlines & Lessors

By Mark Nensel
Republic Airways Holdings—parent of Republic Airlines and Shuttle America—posted second-quarter net income of $4.3 million, down 78.6% from a net profit of $20.1 million in the year-ago period.
Airlines & Lessors