Turkish low-cost carrier (LCC) Pegasus Airlines has more than doubled its third-quarter net profit to TL252 million ($111 million) compared to TL115 million in the year-ago period.
SMBC Aviation Capital has placed an order for 80 Boeing 737 MAX 8s, valued at more than $8.5 billion at list prices, making this the largest single order for 737 MAXs from a leasing company.
Economic growth in the Southern African Development Community (SADC) would be improved if stronger cooperation between its constituent governments and airlines resulted in more business-friendly legislation, according to the Airlines Association of Southern Africa (AASA).
Korean flag carrier Korean Air plunged to a steep net loss in the third quarter, mainly due to unfavorable currency shifts that outweighed gains from lower fuel prices.
Regional carrier South African Airlink will dispose of its remaining fleet of British Aerospace Jetstream J41 turboprops as it focuses on larger types.
Air China and Air Canada have signed a memorandum of understanding (MOU) to expand their existing partnership and form a revenue-sharing joint venture to stimulate traffic growth between the two countries.
The overall on-time arrival performance for US domestic scheduled flights in September was 81.1%, improving on August by 3.4 points, but falling below last September 2013’s on-time performance by 2.7 points, according to the US Department of Transportation’s (DOT) Air Travel Consumer Report and the Bureau of Transportation Statistics (BTS).
US Airlines ranked by complaints per 100,000 passengers, lowest to highest; contrasted with complaint rankings from the previous month, and the year-ago month.
US airlines ranked by mishandled baggage reports per 1,000 passengers, lowest to highest; contrasted with reports from the previous month, and the year-ago month.
Asia could be poised to grow its own fledgling aircraft recycling market, with large fleet turnover and high pressure on cash flow margins for low-coast carriers.
Monthly percentages of total flight cancellations, per reporting airline. Ordered from lowest percentage of total flight operations cancelled to highest.
US airlines on-time performance, ranked by percentage of flight arrivals on-time at all reporting airports at which these carriers operate, contrasted with the previous month's performance, and the year-ago month's performance.
Aer Lingus has moved one step forward in settling its interminable dispute with current and former employees over pension entitlements, but more obstacles have now arisen on the road to a final settlement.
Ranked by involuntary denied-boardings per 10,000 passengers, lowest to highest. Source: US DOT Aviation Consumer Protection Division, Air Travel Consumer Report and ATW Research.
British Airways and Iberia parent International Airlines Group (IAG) has outlined plans to achieve a 10%-14% operating profit margin over the period 2016-20.
A Jazz Aviation Bombardier Q400 had what is being referred to as a “landing incident” at Edmonton International Airport late Nov. 6, leading to four passengers being taken to a hospital.
With Monarch Airlines’ late-October booking for 30 Boeing 737 MAX 8s, Boeing added to its lead over rival manufacturer Airbus in the year-to-date commercial aircraft order race; as of Oct. 31, Boeing has 1,127 gross orders on its books, compared to Airbus’ 1,070.
