International Airlines Group (IAG) plans to add 8.1% net capacity in 2014, although this conceals variable ASK increases across its three airlines—British Airways (BA), Iberia and Vueling.
United Airlines has tentatively won US government approval to operate a daily flight between San Francisco International Airport (SFO) and Tokyo Haneda Airport (HND).
Indonesia-based Batik Air has announced its first international route, an addition of 12 new domestic routes and a projected 10 new aircraft this year.
A Qantas Airbus A380 and Boeing 747-400 collided at Los Angeles International Airport while being towed out of the hangar, causing damage to the wings.
Finnair has sold its Helsinki-based Finncatering division to LSG Sky Chefs for an undisclosed sum as part of its continued drive to focus on its core business.
International Airlines Group (IAG) swung to a €147 million ($201 million) net profit in 2013, compared with a €696 million net loss in 2012, boosted in part by Iberia’s ongoing restructuring.
Iberia parent International Airlines Group (IAG) is hoping to cement Iberia’s future by striking a new ground staff deal and finalizing tentative agreements with its pilots and cabin crew.
British Airways has started using its Airbus A380s as a tool to reduce frequencies on trunk routes without cutting capacity and is pleased with the initial results, according to British Airways’ parent International Airlines Group (IAG) CEO Willie Walsh.
Following hard on the heels of the poor financial performance reported by Qantas for the six months to Dec. 31, 2013, its main rival Virgin Australia has also posted a downturn in profits for the same period.
Indiana-based Republic Airways Holdings—parent of Chautauqua Airlines, Republic Airlines and Shuttle America—reported a 2013 net profit of $26.7 million, down 48% from $51.3 million in the year-ago period.
Garuda Indonesia will file for an initial public offering (IPO) in April. The Indonesian flag carrier is hoping to raise 1.6 trillion rupiah ($135 million) from a rights issue, according to its stock exchange filing.
US scheduled passenger airlines employed 380,809 full-time workers in December, up 0.3% year-over-year, according to recently released figures from the US Department of Transportation’s Bureau of Transportation Statistics (BTS).
Qantas Group reported a first-half fiscal year 2014 net loss of A$235 million ($208 million), a A$346 million plunge from the A$111 million profit Qantas posted in the year-ago period.
Although widely expected, Qantas Group’s first-half fiscal year 2014 report of a net loss of A$235 million ($208 million), A$346 million worse than posted in the year-ago period, sent shock waves through Australia and the airline industry.
Air New Zealand reported a net profit increase of NZ$140 million ($116.5 million) for the first half of the 2014 financial year, up 40% from NZ$100 million in the year-ago period.
