Budget carrier Norwegian Air Shuttle reported a net profit of NOK373.8 million ($57 million) for the third quarter, down 14% from the NOK435.9 million reported during the same period in 2013.
United Airlines parent United Continental Holdings posted its second straight strong earnings period in the third quarter, reporting net income of $924 million, indicating the carrier may finally be joining the US airline industry’s financial turnaround.
JetBlue Airways saw lower-than-expected summer yields in Latin America and the Caribbean, a problem executives blamed on increased competition and more capacity in the markets, executives said Thursday in its third-quarter earnings conference call.
Mexico City-based ultra-low-cost-carrier (ULCC) Volaris further eased its cumulative 2014 losses in the third quarter, reporting a net profit of MXP347.3 million ($25.7 million), a 36.9% year-over-year improvement on the company’s 2013 September quarter results.
Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, is reporting third-quarter net income of $14.2 million, down 17.2% from net income of $17.1 million in the year-ago quarter.
Lufthansa subsidiary Austrian Airlines is moving forward in its fleet modernization program after reaching a framework agreement for a new group collective wage agreement for approximately 3,200 flight staff.
Moscow Vnukovo Airport general director Andrey Dyakov and his deputy Sergey Solntsev have resigned after a Falcon 50 business jet crashed at the airport on the night of Oct. 20-21.
Global international passenger traffic rebounded across-the-board in August, as overall traffic grew 4.5% year-over-year after two months of weak growth in the 2-3% range, according to IATA’s August Premium Traffic Monitor.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. Figures are released every two weeks by the U.S. Energy Information Administration.
Delta Air Lines is striking back against claims that it is misusing its slots at Tokyo’s Haneda Airport and stated in a filing the US Department of Transportation (DOT) has no precedent for seizing and reallocating the slots.
Virgin Australia is likely to use subsidiary Tigerair Australia on international routes to better compete with Jetstar in the low-cost market, and it has not ruled out new fleet types for Tigerair.
Hawaiian Airlines’ third-quarter financial results show the carrier’s recent pause in international expansion is continuing to pay off with strengthening performance.
Oneworld member and Etihad Airways equity partner airberlin will continue to adapt its route network by focusing on increased efficiency and further reducing seasonal effects, leading to a 5% reduction in capacity, according to airberlin CEO Wolfgang Prock-Schauer.
Kuwait-based hybrid carrier Jazeera Airways posted a net profit of KD8.1 million ($27.9 million), up 22.6% from the year-ago figure, in what it described as its best-ever third quarter.
Chinese carriers reported a net profit of CNY2.2 billion ($358 million) in September, down 24% compared with a net income of CNY2.82 billion in the year-ago month.
International air freight volumes are expected to grow at a five-year 4.1% compound annual growth rate (CAGR), according to IATA’s Airline Industry Forecast for 2014-2018.
The European Commission (EC) is seeking input into whether SkyTeam members Delta Air Lines, Air France-KLM and Alitalia have unfair dominance on their transatlantic New York services.
Air France is operating a series of flights powered by biofuels on its Toulouse-Paris Orly route between now and next September to showcase its Lab’line For the Future project.
Lufthansa’s supervisory board will decide on the details of its long-haul, low-cost carrier (LCC) subsidiary in the first week of December, according to Lufthansa chairman and CEO Carsten Spohr.
Top 25 US Airlines for the month ranked by Full-time Equivalent (FTE) employees. Full-time Equivalent (FTE) Employee calculations count two part-time employees as one full-time employee.
