Airlines & Lessors

Republic Airways Holdings pilots, represented by the International Brotherhood of Teamsters (IBT), have reached a tentative agreement on the terms of a new three-year contract.

African budget carrier fastjet reported a 2015 half-year net loss of $10.1 million, nearly halving the $20 million interim loss it posted in 2014.

Airline Routes-Sept. 28, 2015

Qatar Airways could introduce up to 20 direct weekly Doha-Sydney flights in the immediate future, following an updated air services agreement (ASA) between Qatar and Australia.

The Korean Ministry of Land, Infrastructure and Transport (MOLT) has approved an Air France-KLM 3X-weekly direct cargo service between Amsterdam and Busan, starting at the end of October.

CORRECTED: Virgin Atlantic UK domestic operation Little Red has closed its doors two and a half years after performing its first flight.

Air Canada has extended its distribution agreement with Amadeus, signing a new multi-year accord with the Madrid-based global distribution system (GDS) provider.

Yuantong Express formally launched a cargo carrier, Yuantong Airlines, on Sept. 26 with an inaugural Hangzhou-Chengdu flight.

Ukrainian authorities will ban Russian airlines from flying into Ukraine from Oct. 25, in a political move.

Delta Air Lines will launch daily service between Raleigh-Durham, North Carolina and Paris Charles de Gaulle from May 12, 2016.

Trans States Airlines (TSA) pilots, represented by the Air Line Pilots Association (ALPA), approved a contract extension with TSA management.

Compass Airlines and ATP Flight School have finalized a tuition reimbursement agreement.

Alitalia has reinstated its pilot training center after a 10-year gap, with 24 prospective pilots due to embark on a two-year training course by the end of 2015.

In an effort to further increase its share of US-originating connecting traffic, Air Canada will offer free one-week stopovers in Toronto to US customers bound for Europe or Asia.

Irish low-cost carrier (LCC) Ryanair will pass the proceeds of the sale of its stake in Aer Lingus to shareholders.

Thai-based regional operator Siam Air Transport will lease two Boeing 737-800s from Air Lease Corp. to expand services to first- and second-tier destinations in China.

Fast-growing Hungarian low-cost carrier Wizz Air signed an agreement with China Development Bank’s CDB Leasing to finance six Airbus A321ceos.

The Indian Ocean Commission (IOC) airlines have signed a multilateral cooperation agreement establishing Vanilla Alliance, which is aimed at improving air services between IOC member states and international connectivity to the region.

Tianjin-based Okay Airways plans to launch United Star International Express Airlines with ATSG West Limited and three other Chinese partners.

Low-cost, long-haul carrier Norwegian Air International (NAI) has announced a series of new transatlantic routes, despite the continued reluctance by the US Department of Transportation (DOT) to grant it a license for Europe-US services.

IATA has made two senior management appointments: Gilberto Lopez Meyer as SVP-safety and flight operations and Nick Careen as SVP-airport, passenger, cargo and security safety and flight operations (APCS).

Worldwide international passenger traffic improved in July, rising 6.8% year-over (YOY), up from June’s 3% YOY growth, according to IATA’s July Premium Traffic Monitor.

After five years of negotiations, Sun Country Airlines has reached a tentative agreement on a new labor contract with its pilots.

Finnair has warned it may take a €30 million ($33.4 million) hit due to national pension reforms, although it is also expecting a €70 million gain from its fleet renewal.

Startup carrier fastjet Zimbabwe is expected to secure its air operator’s certificate (AOC) within the next few days, following the arrival of its first aircraft.