Safety, Ops & Regulation

UK-based Flybe will cut 300 jobs as part of a £35 million ($55.5 million) restructuring plan to return the group to profitability by 2013-14.

US Airways reported a 2012 net income of $637 million, up 797% from a $71 million net profit in 2011.

Includes: Top 20 Airlines World Airline Traffic Jet Fuel Price Monitor US Fuel Cost & Consumption Aircraft Data Aircraft Values US Ontime Performance US Consumer Complaints US Mishandled Baggage Transport Aircraft Deliveries Airline Traffic by Region

Florida startup, Silver Airways, bucks trend with strategy based on turboprop fleet.

Chinese carriers tap potential of domestic business jet market, but challenges remain.

Europe digs in over aviation emissions tax despite growing international protests.

Oil refinery acquisition takes on oil industry and gives carrier a competitive edge.

Includes: Top 20 Airlines World Airline Traffic Jet Fuel Price Monitor US Fuel Cost & Consumption Aircraft Data Aircraft Values US Ontime Performance US Consumer Complaints Transport Aircraft Deliveries Airline Traffic by Region

Uncertainty on economy, fuel prices still hover over forecasts.

The Civil Aviation Administration of China (CAAC) continues to loosen its grip and approve more new domestic airline entrants.

Aerostructures Middle East Services (AMES) plans to expand its engine nacelle repair services in response to Middle East airline growth.

United Airlines has broken ground on a 90,000 sq. ft. aircraft maintenance hangar at Newark International Airport.

Southwest Airlines will offer passengers the option to pay $40 at airport gates to be among the first to board departing aircraft.

Three European airline associations have again issued a joint statement insisting that new Flight Time Limitations (FTL) will not erode safety.

EasyJet founder Stelios Haji-Ioannou has sold some of his easyJet shares to warn management against further aircraft purchases.

Delta Air Lines reported a 2012 net income of $1.01 billion, up 18% from an $854 million net profit in 2011.

Air Berlin, which announced it would cut 900 jobs last week, now plans to reduce salaries as part of its Turbine 2013 restructuring program.

A US Federal Aviation Administration (FAA)-led group has launched a six-month study of portable electronic devices (PEDs).

Hawaiian carrier Island Air has signed a letter of agreement with an undisclosed buyer for the purchase of the company.

Australia’s Fair Work Commission has ruled in Qantas’ favor on an arbitration case with the Australian and International Pilots Association (AIPA).

The aviation segment of General Electric (GE) recorded a $3.75 billion profit for full-year 2012, up 7% year-over-year on a 6% increase in revenues to $19.99 billion.

Bahrain-based Gulf Air, which announced a major restructuring plan last week, will cut its workforce by one-third.

US Transportation Security Administration (TSA) will begin removing all body scanner machines that show naked images of people.

Members of the European Parliament (MEPs) have called for an end to “the excessive restrictions and arbitrary charges that some airlines impose on carry-on luggage.”

UAE-based flight support and handling specialist, Jetex Flight Support, is to open a new flight planning lounge at London Oxford Airport, next month.