Airlines & Lessors

US Airlines ranked by year-to-date total reservation cancellation/change fee revenue. Data is current as of September 21, 2015.

Gulf Air has turned in an annual loss of BD62.7 million ($166 million) for 2014, an improvement on 2013’s figure of BD93.3 million.

The International Brotherhood of Teamsters (IBT) and Republic Airways will meet with the National Mediation Board (NMB) for the second time this week to discuss a new pilot contract.

Source: Airports Council International

Airport freight traffic, year-to-date, organized by world regions. Year-over-year percentage changes provided by Airports Council International.

Lufthansa will offer high-speed Internet access on its short- and medium-haul European flights from early summer 2016.

Hainan Airlines plans to launch 3X-weekly flights between Beijing and Tel Aviv from April 28, 2016.

Source: Airports Council International

The UK airline industry has rejected government air passenger duty (APD) proposals and is calling for APD to be eliminated.

Aeroflot low-cost subsidiary (LCC) Pobeda Airline, which carried its two-millionth passenger on Sept. 10, predicts it will carry more than 3 million passengers in 2015. Pobeda, which began operations Dec. 1, 2014, carried its millionth passenger on June 3.

Hong Kong flag carrier Cathay Pacific Airlines Group saw 8.5% year-over-year passenger traffic growth in August.

Ireland’s FLY Leasing is selling 12 older aircraft from its portfolio for $240 million as the company continues its fleet renewal strategy.

SAS Scandinavian Airlines has become the first European carrier to deploy the 242-tonne maximum weight Airbus A330-300 Enhanced.

An AirAsia Zest Airbus A320-200 overshot a runway while landing at Kalibo International Airport on Sept. 18, coming to rest completely off the apron.

Air China’s subsidiary Shandong Airlines will sell its 20% stake in Qingdao Airlines for CNY200.8 million (32.8 million).

Alitalia recorded a 2015 first-half net loss of €130 million ($144 million).

African carriers are not benefitting from the decline in oil prices, Ethiopian Airlines CEO Tewolde Gebremariam told delegates at World Routes 2015 in Durban.

Airport passenger traffic, year-to-date, organized by world region. Year-over-year percentage changes provided by Airports Council International.

UK regional Flybe introduced its first ATR 72-600 series aircraft into its fleet, on lease from Avation PLC.

Russia’s Aeroflot will initiate and fully subscribe to a capital increase in Orenair subsidiary as part of the group’s multi-brand renewal strategy.

Air New Zealand has unveiled a sustainable development initiative that will place it among industry leaders.

The first Airbus A350 XWB for TAM Airlines rolled out of the Airbus paint shop in Toulouse.

Southwest Airlines pilots, represented by the Southwest Airlines Pilots’ Association (SWAPA), have reached a new tentative agreement with the Dallas-based carrier.

Estonia is ready to create a new airline should the European Union rule its existing flag carrier, Estonian Air, illegally received €40.7 million ($46 million) of state aid in 2013.

Etihad Airways and its equity partner airlines have raised an additional $200 million following a surge in demand from international financial institutions, bringing the total funds raised to $700 million.