The coalition led by the three US legacy carriers and organized labor is asking the US government to request the three Gulf airlines freeze capacity to the US.
Virgin America CEO David Cush predicted big fare increases by US airlines, and urged the US government to protect the “competitive structure” of the industry.
Asia-Pacific airlines carried a record 23.7 million international passengers in July, up 6.5% year-over-year, according to the Association of Asia Pacific Airlines (AAPA).
China Southern Airlines reported a 2015 first-half net profit of CNY3.48 billion ($567.8 million), reversed from a net loss of CNY1.02 billion in the year-ago period.
Swedish private equity fund EQT VI will take a majority stake in Denmark-based regional aircraft lessor Nordic Aviation Capital (NAC) as the latter aims to raise capital for further expansion.
Malaysia Airlines Berhad (MAB), the new entity spawned from the crisis-hit Malaysia Airlines, has been granted an air operator’s certificate (AOC) by the Malaysian Department of Civil Aviation (DCA).
Philippine Airlines (PAL) says it is apprehensive about the ongoing air services negotiations between the Philippines and the United Arab Emirates (UAE), echoing concerns raised by some US carriers about what it describes as “the unfair practices of UAE carriers”.
Lufthansa Group will take delivery of its first Airbus A320neo towards the end of 2015 and not in early 2016 as previously anticipated, an airline spokesperson in Frankfurt has confirmed to ATW.
The Dutch Safety Board (DSB) has said it will publish its final report on the investigation into the crash of Malaysia Airlines flight MH17 on Oct. 13, 2015.
Air China has reported a net income of CNY4.2 billion ($660 million) for the first half of 2015, up 721% over the net profit of CNY510 million for the same period of last year. Operating revenue rose 3.87% to CNY51.9 billion while operating costs increased by 5% to CNY45.2 billion.
IATA CEO and director general Tony Tyler will retire in June 2016 after serving five years in the position. Tyler’s retirement was announced Aug. 28 and the search for his successor has begun.
Republic Airways Holdings said stalled labor talks with its pilots could force it down “an alternative path” that may include a Chapter 11 bankruptcy filing.
Following the signing of an upgraded air services agreement (ASA) between Russia and the Philippines, at least five carriers have flagged interest in operating new schedules between the two countries.
World airline quarterly financial results to-date highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the second quarter of 2015, generally defined as April 1, 2015 through June 30, 2015.
