Airlines & Lessors

The Ukrainian industrial policy ministry reported that Sergey Merenkov has been appointed as the new president of Ukraine’s state-owned Antonov, effective Aug. 1.

At the 2014 half-year mark, global air freight markets registered a combined 4.1% increase in volume compared with the same period in 2013, according to IATA’s June air freight market analysis.

Aeroflot’s new low-cost (LCC) subsidiary Dobrolet suspended flights Aug. 4 due to sanctions imposed by the European Union (EU).

Shanghai, China-based Spring Airlines has launched low-cost (LCC) subsidiary Spring Japan, becoming the first domestic carrier to establish an overseas LCC.

American Airlines is retooling its Latin America schedule this winter, ending a São Paolo-Charlotte, North Carolina service, to focus on Miami, Florida, as the carrier’s gateway to the continent.

Atlas Air Worldwide Holdings posted second-quarter net income of $29.6 million, up 47.5% from the $20 million net profit reported in the year-ago quarter.

Vienna Airport (Flughafen Wien AG) will sell its entire 25.15% stake in Germany-based Flughafen Friedrichshafen GmbH, transferring equal shares to the city of Friedrichshafen and the Bodensee district.

Briefs from the August 4, 2014 issue of ATW's Skypaths.

International Airlines Group (IAG) will firm up eight Airbus A350-900 options for Iberia, along with eight A330-200s that will come from existing options or be sourced on operating lease.

Xi’an-based Joy Air has placed an order for up to 60 MA60 aircraft, comprising 30 firm orders and a letter of intent for 30.

International Airlines Group (IAG), parent company of Iberia and British Airways, reported second-quarter net income of €280 million ($375 million), more than doubled from a €127 million profit in the year-ago period, marking the best second quarter results for all of the IAG carriers since 2007.

Ireland’s director general of civil aviation is the latest high-ranking official to throw his support behind Norwegian Air International’s (NAI) struggle to secure a foreign air carrier permit from the US Department of Transportation (DOT).

Japan’s All Nippon Airways (ANA)—which announced last year it would invest $25 million in Myanmar’s Asian Wings Airways (AWA) for a 49% stake—has pulled back from the deal.

Bombardier reported second-quarter net profit of $155 million, down 13.9% from net income of $180 million reported in the year-ago quarter.

Net profits for Singapore Airlines parent SIA Group fell 71.4% year-over-year during its fiscal-first-quarter ended June 30.

Russia’s Aeroflot reported first-half net income of RUB3.39 billion ($95.6 million), down 36.2% year-over-year.

Premium passenger traffic worldwide grew 6.5% year-over-year in May, exceeding April’s 3.8% growth performance and besting May 2013’s premium travel growth rate by 4.5 points, according to IATA’s May Premium Traffic Monitor.

On the Cover 18 Flying Into the Future Embraer believes the E-Jet E2 program will take it into the next decade and beyond. By Aaron Karp

Malaysia Airlines is struggling to cope with the aftermath of the shooting down of its Boeing 777-200 aircraft 9M-MRD, operating flight MH17 out of Amsterdam’s Schiphol Airport July17.

After much deliberation and market analysis, Airbus has forged ahead with a full launch of the A330neo, extending the re-engined concept to its widebody offering and saying it sees a market for 1,100 aircraft.

All Nippon Airways (ANA) has firmed up its order for seven Airbus A320neos, 23 A321neos, 20 Boeing 777-9Xs, 14 787-9s and six 777-300ERs, which will be used for its short- and long-haul fleet renewal.

Lufthansa Group reported a first-half net loss of €79 million ($106 million), narrowed from a net loss of €203 million in the year-ago period.

Lufthansa Group subsidiary Austrian Airlines has posted a second-quarter operating profit of €10 million ($13.4 million), down 52% compared with a €21 million operating profit in the year-ago quarter.

Embraer posted a second-quarter net profit of $146.7 million, reversing a $3.8 million net loss in the 2013 June quarter, on a 12.8% rise in revenue to $1.76 billion.