TAP Portugal reported a 2014 loss of €46 million ($50.4 million), reversed from a net profit of €34 million in 2013. This is the Portugal flag carrier’s first loss after five consecutive years of profit.
The European Cockpit Association (ECA), which represents over 38,000 pilots across Europe, has struck out over Germanwings flight 9525 cockpit voice recorder (CVR) data being made public.
Germanwings parent Lufthansa has created a new group safety pilot position, effectively immediately, and is updating its cockpit rules after Tuesday’s fatal Airbus A320 crash, which killed all 150 people on board when it went down into the southern French Alps on a scheduled flight from Barcelona to Düsseldorf.
Several Russian carriers have cut their international networks due to a decrease in passenger traffic, according to Russia’s Federal Air Transport Agency, Rosaviatsia.
Philippines-based low-cost carrier (LCC) Cebu Pacific reported a 2014 profit of PHP853.5 million ($623.5 million), up 67% from a PHP511.9 million profit in the year-ago period.
Thai-based low-cost carrier (LCC) Nok Air, which issued a final report on its 2014 earnings, reported an annual net loss of THB471.7 million ($14.5 million) for FY 2014, reversed from a THB1.07 billion profit in 2013.
Asian airlines saw a welcome rise in international passenger traffic for the first two months of 2015—passenger numbers rose by 8.2% year-on-year, according to figures from the Association of Asia Pacific Airlines (AAPA).
Australian regulators have signaled they will not approve plans for Qantas and China Eastern to form a closer partnership, likely derailing the airlines’ strategy to strengthen their positions in the Australia-China market.
[UPDATED] Norwegian Air Shuttle and EasyJet were among the airlines that changed their cockpit procedures on Thursday in the wake of the Germanwings flight 4U9525 crash.
Stunned Lufthansa Group CEO Carsten Spohr said the German airline company is coming to terms with the fact that a Germanwings pilot apparently intentionally crashed an Airbus A320 into the French Alps on March 24.
US air carrier traffic statistics for 2014 (excludes all-cargo services; includes domestic and international). SOURCE: Bureau of Transportation Statistics, T-100 Market and Segment.
Favorable moves in currency exchange rates mean that UK-based low-cost carrier (LCC) easyJet will turn in a better-than-predicted financial performance for the first half of 2015, the carrier said Thursday.
A French prosecutor said information from Germanwings flight 4U9525’s cockpit voice recorder (CVR) indicates the co-pilot “through a voluntary act” descended the Airbus A320 into the French Alps.
Air freight volumes worldwide were up 3% year-over-year (YOY) in January, as approximately 5.5 million metric tonnes of cargo were shipped by air in January—a YOY increase of approximately 160,000 metric tonnes from January 2014, according to Airports Council International (ACI).
As it expands to larger cities, including Pittsburgh, Cincinnati and Indianapolis, Allegiant Air is trying to improve how it communicates its business model to customers to make it more “transparent.”
French air accident investigation agency BEA has been able to extract an audio file from Germanwings flight 4U9525’s damaged cockpit voice recorder (CVR), but is still searching for the flight data recorder (FDR) and has not reached any conclusions about why the Airbus A320 crashed in the French Alps on March 24.
This table shows the current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
