Airlines & Lessors

Turkish Airlines reported a first-half 2015 consolidated net profit of $406 million, more than quadrupled from net profit of $88 million in the year-ago period.
Airlines & Lessors

US airlines more than doubled their collective net profit for the first half of 2015 to approximately $8.7 billion, according to Airlines for America (A4A).
Airlines & Lessors

By Linda Blachly
People
Airlines & Lessors

Etihad Airways’ strategic investment in India’s Jet Airways is delivering “strong results for both airlines,” the two carriers said this week.
Airlines & Lessors

Thailand-based Nok Air reported second-quarter net loss of THB51.3 million ($1.5 million), narrowed from a THB159 million loss in the year-ago period.
Airlines & Lessors

By Linda Blachly
Latvian national carrier airBaltic has suspended four crew members after they were removed from a flight Aug. 8 due to suspected alcohol abuse.
Safety, Ops & Regulation

The Finnair Group reported a first-half 2015 net loss of €15.8 million ($17.5 million), narrowed from a €52 million net loss in the year-ago period.
Airlines & Lessors

FAA has proposed a $325,000 civil penalty against Southwest Airlines for allegedly operating a non-compliant Boeing 737 for more than 12 years.
Safety, Ops & Regulation

AirAsia founder Tony Fernandes has said he could be looking to retire as CEO of the budget carrier group within two years.
Airlines & Lessors

LOT Polish Airlines CEO Sebastian Mikosz has resigned after the Polish government again delayed the flag carrier’s privatization process.
Airlines & Lessors

By Linda Blachly
Search teams have recovered the flight recorders of the Trigana Air Services ATR 42-300 that crashed in Indonesia’s Papua province on Aug. 16.
Safety, Ops & Regulation

Bangkok Airways has applied strict security procedures at Thai departure airports following a bombing in Bangkok that killed at least 21 people Aug. 17.
Safety, Ops & Regulation

Singapore-based low-cost carrier (LCC) Jetstar Asia will extend its route network with new schedules to Palembang and Pekanbaru, Indonesia and Da Nang, Vietnam.
Airports & Networks

American Airlines is on track to launch Airbus A321 service between Los Angeles (LAX) and Hawaii as of Aug. 18, the airline confirmed.
Airports & Networks

The Business Travel Coalition (BTC) is hitting back hard against Lufthansa Group’s €16 ($18) surcharge for tickets booked through global distribution systems (GDS).
Safety, Ops & Regulation

Cebu Pacific Air (CEB) Group—made up of LCC Cebu Pacific and its wholly owned subsidiary Cebgo—posted a first-half net income of PHP5.2 billion ($112 million).
Airlines & Lessors

By Alan Dron
UK-based lessor Falko Regional Aircraft has added the first of five Embraer aircraft to its portfolio.
Airlines & Lessors

China Eastern Airlines has placed an order for 15 Airbus A330s in a deal worth $3.63 billion at list prices.
Airlines & Lessors

By Alan Dron
Indian low-cost carrier (LCC) IndiGo has firmed up commitments for 250 Airbus A320neo family aircraft.
Aircraft & Propulsion

The wreckage of the Trigana Air Services TGN 267 ATR 42-300 that went missing Sunday has been found on the slopes of Mount Tangok.
Safety, Ops & Regulation

FAA is trying to determine what caused a system failure at a major US ATC center over the weekend, causing hundreds of flights to be delayed or cancelled.
Airports & Networks

By Linda Blachly
[UPDATED] Indonesia’s Transport Minister Ignasius Jonan has confirmed a Jakarta-based Trigana Air Service ATR 42-300, carrying 49 passengers and five crew, has crashed.
Safety, Ops & Regulation

People
Airlines & Lessors

By Mark Nensel
Southwest, Hawaiian Airlines and Virgin America have top consumer relations so far in 2015, according to a US government August Air Travel Consumer Report.
Airlines & Lessors

Jet Airways posted net profit of $34.7 million in the first quarter of its 2016 financial year, reversed from net loss of $39.5 million in the year-ago period.
Airlines & Lessors