Another Indonesian carrier—state-owned regional Merpati—is set to be erased from the record books following one of the worst years ever for the country's airline sector.
Air France-KLM has recorded another heavy deficit for the first quarter, with a restated net loss of €504 million ($547 million), compared to a figure of €485 million a year ago.
Virgin America reported first-quarter net income of $12.8 million, including $2.3 million in special charges for mark-to-market fuel hedge adjustments.
International Airlines Group (IAG)—parent company of British Airways, Iberia and Vueling—has reported a first-quarter net loss of €26 million ($29.1 million), narrowed from a €184 million loss for the year-ago period.
Japan’s two major airlines expect to remain strongly profitable as they enter a new fiscal year, although while All Nippon Airways (ANA) predicts a gain for the period, Japan Airlines (JAL) is forecasting a slight drop in net income.
Russia’s Interstate Aviation Committee (IAC) has completed the investigation of the Tatarstan Airlines Boeing 737-500 crash landing at Kazan Airport on Nov. 17, 2013, which killed 44 passengers and six crew members.
As the campaign led by American Airlines, Delta Air Lines and United Airlines sped from secret briefings in Washington DC to the broad media and loud finger-pointing, one thing became clear: The US carriers are eager for a fight against Emirates Airline, Etihad Airways and Qatar Airways and their state owners.
Embraer is betting its commercial future on the next-generation E-Jet E2 program, but current generation E-Jets are far from dead. The regional jet manufacturer believes there is still plenty of life left for the “original” E-Jets, particularly the E-175 in the 75-90-seat sector.
US President Barack Obama said he intends to nominate Peter Neffenger, the vice commandant of the US Coast Guard, to be the next head of the Transportation Security Administration (TSA).
Latin American traffic growth has slowed from double digits, but is still expected to grow 5%-6% per year, reaching nearly a half billion passengers by 2025, according to Alex de Gunten, adviser to the executive board of the Latin America and Caribbean Air Transport Association.
Spirit Airlines earned net income of $69 million in the first quarter, up 83% over a net profit of $37.7 million in the 2014 March quarter, as it grew capacity aggressively.
Russia’s Federal Antimonopoly Service (FAS) has blocked Norilsk-based Taimyr Airlines from acquiring a 47.8% share in Arkhangelsk-based Nordavia Airline.
Lufthansa has offered its pilot union Vereinigung Cockpit (VC) general arbitration of all open collective wage agreements, as a concession to avoid new strikes.
Aer Lingus has reported a first-quarter operating loss of €48.4 million ($54 million), almost identical to its €48.5 million loss for the same period last year.
Norwegian Air Shuttle reported a first-quarter net loss of NOK538 million ($68 million), narrowed from a net loss of NOK595 million in the year-ago quarter.
Mexico City-based Grupo Aeroméxico recorded a consolidated net profit of MXP185 million ($12.1 million) for the 2015 first quarter, swinging into the black from MXP91 million in net losses the airline reported in the 2014 March quarter.
