Saudi Arabia hybrid carrier flynas has appointed a new CEO, just weeks after it announced it was pulling back from its ambitious plans for a network of long-haul flights.
Thai budget carrier Nok Air reported a third-quarter net loss of TBH353.3 million ($10.8 million), reversed from a net profit of THB244.6 million reported in the year-ago period.
Aer Lingus’ shareholders will decide whether to accept a critical pension deal during an extraordinary general meeting Dec. 10. Aer Lingus is seeking shareholder approval to plough €190.7 million ($238.3 million) into its pensions scheme to resolve a deficit which represents “a real and significant risk to the success of the company.”
A trio of European airlines has signed an agreement for a regular supply of biofuel at Oslo Airport, which will next year become the world’s first hub airport to receive regular deliveries of biofuel.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to two weeks ago, one month ago, three months ago, six months ago and the same week for each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
UK budget carrier easyJet reported a full-year net income of £450 million ($705 million), up 13% from a £398 million profit in the year-ago period, marking its fourth year of record profits.
Virgin Atlantic is looking to lease out two sets of Heathrow slots freed up by the demise of its UK short-haul arm Little Red, until it has the aircraft it needs to operate them itself.
Star Alliance member LOT Polish Airlines wants to consolidate the Central Europe aviation market as the state-owned carrier considers future projects following an increase in profits, CEO Sebastian Mikosz told ATW in Warsaw.
Russia’s Federal Air Transport Agency, Rosaviatsia, said the government has spent RUB3.5 billion ($74 million) for regional routes and Kaliningrad routes subsidy programs so far this year.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, plans to remove from service all Embraer EMB-120 Brasilia 30-seat turboprop aircraft operated by SkyWest Airlines by mid-2015, as it aims to improve overall efficiency and long-term profitability.
Dutch air accident investigators have begun moving the wreckage of Malaysia Airlines flight MH17 to the Netherlands, where a section of the Boeing 777-200ER will be reconstructed.
Fastjet, which is seeking further funding, is selling some of its shares in fastjet Tanzania to local investors and has been granted both its Zambia air service permit (ASP) and Ugandan fifth freedom rights.
China Eastern Airlines will start new joint venture (JV) with Qantas on certain routes between China and Australia in an effort to boost passenger flow onto their respective international networks.
Nairobi-based Kenya Airways reported a net loss of KES10.45 billion ($115 million) for the six months ended Sept. 30, reversing a net profit of KES384 million ($4.2 million) during the same period in the previous financial year.
New York-based JetBlue Airways plans to continue expanding into the Caribbean and Latin America markets, “even as competitive pressures push fares downward,” an executive said in an interview.
Panama City-registered Avianca Holdings reported third-quarter net profits of $33.2 million, down 7.6% from $35.9 million posted in the year-ago period.
Seoul-based Asiana Airlines has been ordered by Korean authorities to suspend its flights to San Francisco International Airport (SFO) for a 45-day period as a penalty for the July 6, 2013 crash of a Boeing 777-200ER at that airport.
