Russian aviation authorities have removed all restrictions for Turkish carriers on service to Sochi International Airport for the next three IATA seasons. The move is part of the Russian government’s plan to recoup the investment on airport renovations to prepare for last year’s 2014 Winter Olympics.
Deutsche Lufthansa is realigning its IT activities and will enter into a seven-year partnership with IBM, which it expects will reduce its IT infrastructure costs by at least €70 million ($89.4 million) per year.
Southwest Airlines and the International Association of Machinists and Aerospace Workers (IAM)—representing the carrier’s approximately 6,000 customer service agents and customer support and services representatives—have reached a tentative agreement for a new four-year contract. The current contract became amendable in October 2012.
Etihad Airways has signed a commercial agreement with Swedish digital air traffic management products supplier AVTECH to implement its Aventus NowCast Descent service for Etihad's operations into London Heathrow, Abu Dhabi and Jakarta airports.
US scheduled passenger airlines posted a full-time-equivalent (FTE) employee count of 384,478 personnel in August, up just 1% year-over-year, according to the US Department of Transportation’s Bureau of Transportation Statistics (BTS).
The continuing sluggish performance of Thailand’s commercial aviation industry has prompted a series of changes at Thai airlines while the nation’s military government attempts to alter the image of a country that has lost the confidence of tourists owing to ongoing political unrest.
Southwest Airlines will see most of its capacity growth in the fourth quarter of 2014 and next year come from expansion at two airports, Dallas Love Field and Washington National Airport (DCA), and upgauging as it removes its remaining Boeing 717s from its fleet.
Budget carrier Norwegian Air Shuttle reported a net profit of NOK373.8 million ($57 million) for the third quarter, down 14% from the NOK435.9 million reported during the same period in 2013.
United Airlines parent United Continental Holdings posted its second straight strong earnings period in the third quarter, reporting net income of $924 million, indicating the carrier may finally be joining the US airline industry’s financial turnaround.
JetBlue Airways saw lower-than-expected summer yields in Latin America and the Caribbean, a problem executives blamed on increased competition and more capacity in the markets, executives said Thursday in its third-quarter earnings conference call.
Mexico City-based ultra-low-cost-carrier (ULCC) Volaris further eased its cumulative 2014 losses in the third quarter, reporting a net profit of MXP347.3 million ($25.7 million), a 36.9% year-over-year improvement on the company’s 2013 September quarter results.
Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, is reporting third-quarter net income of $14.2 million, down 17.2% from net income of $17.1 million in the year-ago quarter.
Lufthansa subsidiary Austrian Airlines is moving forward in its fleet modernization program after reaching a framework agreement for a new group collective wage agreement for approximately 3,200 flight staff.
Moscow Vnukovo Airport general director Andrey Dyakov and his deputy Sergey Solntsev have resigned after a Falcon 50 business jet crashed at the airport on the night of Oct. 20-21.
Global international passenger traffic rebounded across-the-board in August, as overall traffic grew 4.5% year-over-year after two months of weak growth in the 2-3% range, according to IATA’s August Premium Traffic Monitor.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. Figures are released every two weeks by the U.S. Energy Information Administration.
Delta Air Lines is striking back against claims that it is misusing its slots at Tokyo’s Haneda Airport and stated in a filing the US Department of Transportation (DOT) has no precedent for seizing and reallocating the slots.
Virgin Australia is likely to use subsidiary Tigerair Australia on international routes to better compete with Jetstar in the low-cost market, and it has not ruled out new fleet types for Tigerair.
Hawaiian Airlines’ third-quarter financial results show the carrier’s recent pause in international expansion is continuing to pay off with strengthening performance.
