American Airlines could realize as much as $200 million in annual cost benefits by mid-2015 or early 2016 from re-banking three of its largest hubs, CFO Derek Kerr said.
Nigeria’s Arik Air has signed a memorandum of understanding (MOU) with Emirates Airline, allowing the West African carrier to gain access to the Dubai-based airline’s global route network.
Alaska Airlines—which this month is adding new flights from its Seattle-Tacoma hub to Detroit, Baltimore and Albuquerque—will continue to add routes to major business centers to serve its core Seattle customers.
China Southern Airlines reported a first-half net loss of CNY1 billion ($162 million), reversed from a net profit of CNY302 million in the year-ago period.
All Nippon Airways (ANA) and Lufthansa Cargo will launch a cargo joint venture (JV) on routes between Japan and Europe, following antitrust approval from the Japanese Ministry of Land Infrastructure and Transport.
Air France has appointed HOP! chairman and CEO Lionel Guérin to lead a reorganization of its point-to-point operations, which will be presented to its unions by the end of October.
UK-based Virgin Atlantic Airways will reconfigure its route network by cutting services to Asian and African destinations in favor of a greater concentration on North Atlantic services.
Quarterly financial results from 76 air carriers worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the second quarter of 2014, generally defined as April 1, 2014 through June 30, 2014.
African low-cost airline Fastjet will launch flights to its fourth international destination in the middle of September, inaugurating the first direct air link between Tanzania and Uganda.
Air freight carriers in the Asia-Pacific region boosted global cargo volumes 5.8% in July—its best July performance in four years, according to IATA’s July air freight market analysis.
Norwegian Air Shuttle said Tuesday that the US Department of Transportation (DOT) has announced it needs more time to reach a decision on Norwegian Air International’s (NAI) application for a foreign carrier permit to serve the US from Europe.
Finnair has signed an agreement with Norwegian crew management company OSM Aviation to outsource cabin services on approximately 20 long- and short-haul routes over the next two years after union talks failed to hit its €18 million ($24 million) cost-cutting target.
China Eastern Airlines reported a first-half net profit of CNY14 million ($2.3 million), down 98% from net income of CNY624 million in the year-ago period.
Russia’s Transaero Airlines has reported first-half net income of RUB750 million ($20.1 million), up 61% compared to net income of RUB464 million in the year-ago period.
Philippine low-cost carrier Cebu Pacific Air has been granted entitlements to operate five additional international routes by the country’s Civil Aeronautics Board (CAB).
