Chinese carriers reported a cumulative net loss of CNY1.5 billion ($244 million) in January due to seasonal factors and overcapacity, a sharp reversal from a net profit of CNY1 billion in the year-ago month.
Winners of the 41st ATW Airline Industry Achievement Awards celebrated in Washington DC Wednesday evening at a gala dinner to note their company achievements.
American Airlines has selected Phoenix-based regional Mesa Airlines—which operates as American Eagle and US Airways Express— to operate seven new Bombardier CRJ900 NextGen aircraft for a 10-year term under the American Eagle brand.
Russia’s UTair Airline plans to ask for state guarantees of RUB18-RUB38.4 billion ($280-$600 million) and is preparing documents to apply for state support, according to UTair CEO Andrey Martirosov.
The first private carrier to fly in the Lao People’s Democratic Republic (LPDR), Phongsavanh Airlines, has rebranded and will relaunch as Lao Central Airlines (LCA) after a two-year suspension of services.
Republic Airways Holdings, the Indianapolis-based parent of regional carriers Republic Airlines and Shuttle America, reported 2014 net income of $64.3 million, more than doubling a net profit of $26.7 million in 2013.
Air France-KLM has abandoned plans for group-level cash pooling after the initiative was vetoed by the Dutch, as relations between the two airlines come under continued media scrutiny.
Takeover target Aer Lingus reported a net loss of €95.8 million ($108.7 million) for 2014, reversing the €34.1 million net profit it posted in the year-ago period, but this was driven by exceptional labor and pensions items.
Authorities investigating the fatal crash of a TransAsia ATR 72-600 in Taiwan earlier in February have reported several local airlines have contravened local labor operating regulations for both ground and aircrew.
SunExpress, a joint venture of Lufthansa and Turkish Airlines, will add five Boeing 737-800s to its fleet this year, from an order for 25 of the type and up to 25 737 MAX 8s placed in February 2014. Deliveries are scheduled through 2021.
Fiji Airways, bolstered by record profits in 2014, is preparing to expand its fleet and network this year, adding a fourth Airbus A330 and a fourth Boeing 737-800.
IATA is making strides with US and European acceptance of electronic and home-printed bag tags (HPBT), according to IATA airport, passenger, cargo & security division director Paul Behan.
Worldwide combined premium and economy international traffic was up 3.7% year-over-year (YOY) in December, finishing 2014 with three months of consistent growth, according to IATA’s December Premium Traffic Monitor.
Top 25 US Airlines for the month ranked by Full-time Equivalent (FTE) employees. FTE calculations count two part-time employees as one full-time employee.
Air China is seeing slight a slot drop in premium cabin corporate traffic to North America, but has made up for it with a “surge” in paid travel from individuals, including for first class, the airline’s top US executive told ATW.
