Korean flag carrier Korean Air has extended its codeshare agreement with LAN Peru. The new contract will bring an extension of its existing Seoul-Santiago via Los Angeles route, with an additional schedule from Los Angeles to Peru’s capital, Lima.
Singapore Airlines (SIA) regional affiliate SilkAir will start daily flights to Bali’s Denpasar International from early December, in time for the European winter holiday season.
Qatar Airways is experiencing remarkable changes and rapid growth under the leadership of CEO Akbar Al Baker. In the last 12 months alone, Qatar has joined the oneworld global alliance, hosted the IATA AGM at its Doha hub city and taken delivery of its first Airbus A380, which began revenue flights to London Heathrow in October.
Although Panama’s Copa Airlines has been around since 1947 when Pan American World Airways provided capital and technical assistance to help launch the carrier, for most of its history it was a small, niche player in the global airline marketplace. As recently as 1998, it operated just 13 aircraft. As recently as 2001, it generated just $300 million in annual revenue.
US airlines’ impressive financial turnaround has not yet been coupled with significant growth as the country’s carriers cautiously keep capacity in check, eager to maintain profitability after years of heavy losses and restructuring. But north of the border, Canada’s evolving airlines are not shying away from aggressive growth.
US airlines’ impressive financial turnaround has not yet been coupled with significant growth as the country’s carriers cautiously keep capacity in check, eager to maintain profitability after years of heavy losses and restructuring. But north of the border, Canada’s evolving airlines are not shying away from aggressive growth.
Etihad Airways’ first A380 emerged from behind a slowly raised hangar door on a blustery autumn evening at Airbus’ Hamburg facility. Lights and music accompanied the first public glimpse of the Abu Dhabi-based carrier’s new livery, which features gold, sand and brown geometric patterns that Etihad calls “facets of Abu Dhabi.”
All Nippon Airways (ANA) achieved a healthy improvement in profits for the six months through September, as the airline’s rapid expansion in international markets provided a significant boost in revenue.
Etihad Airways’ plan to take a 49% shareholding in Alitalia will dilute Air France’s stake in the Italian carrier to less than 1%, according to Air France-KLM CFO Pierre-François Riolacci.
American Airlines is laying out a case for how it thinks the US Department of Transportation (DOT) should seize Delta Air Lines’ Seattle-Haneda flights and reallocate it to the Dallas-based carrier for flights from Los Angeles without re-starting the full reallocation process.
Vietnamese low-cost carrier (LCC) Vietjet Air is looking to introduce a raft of codeshares with “major airlines” next year, MD Luu Duc Khanh said in an interview.
Belgian regional VLM Airlines, which is in the middle of a management buyout, is to launch the Sukhoi Superjet SSJ100LR in Europe after detailing plans to take up to 14 of the type.
Air France-KLM reported third-quarter net income of €100 million ($127.2 million), down 32.4% from a €148 million profit in the year-ago period, due to its pilot strike and overcapacity putting pressure on yields.
The search for signs of Malaysia Airlines Flight 370 (MH370) is set to accelerate in the coming days, as a third vessel transitions from survey work to searching the vast seafloor area that has been mapped out and surveyed, the Australian Transport Safety Bureau (ATSB) said.
Indianapolis, Indiana-based Republic Airways Holdings—parent of Chautauqua Airlines, Republic Airlines and Shuttle America—reported third-quarter net income of $18.5 million, reversing a $13.8 million loss in the year-ago quarter.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, rebounded from a disappointing 2014 first half to post third-quarter net income of $41.3 million, up 56.4% from a net profit of $26.4 million in the September 2013 quarter.
Grupo Aeroméxico reported a MXP201 million ($14.8 million) net profit for the third quarter, a recovery from a net loss in the second quarter, but down 59.4% from net income of MXP495 million in the 2013 September quarter.
Air China reported net profit of CNY3.16 billion ($515 million) for the first nine months of the year, down 22% compared with net income of CNY4.06 billion in the year-ago period.
American Airlines is not moving to a revenue-based frequent flyer program when it merges its AAdvantage and US Airways Dividend Miles systems in the second quarter of next year, but the Dallas-based carrier is not ruling out such a change in the future.
