Hong Kong flag carrier Cathay Pacific saw its net profit drop to HK$353 million ($45 million) for the six months through June 30, compared to a profit of just under HK$2 billion in the same period last year.
Japan’s All Nippon Airways (ANA) reported a net profit of ¥6.6 billion ($65.2 million) in the fiscal first quarter, down 20%, mainly because of earthquakes in southern Japan and concerns about terrorist attacks in Europe.
Japan Airlines (JAL) saw its net profit decline 55% to ¥14.7 billion yen ($143.6 million) in the three months through June 30, partly because of earthquakes in Kyushu and weakness in many global markets.
Two major US airports have seen substantial disruption and panicked crowds in August and in both incidents, it was a false alarm. Airports now have to be prepared not only for real threats, but also perceived dangers; and the latter kind may be harder to solve....More
Peter Bellew became CEO and group managing director of Malaysia Airlines Berhad on July 1, succeeding Christoph Mueller. Bellew had been the airline’s COO since August 2015, and previously was director of flight operations at Irish low-cost carrier (LCC) Ryanair....More
The first draft of a performance-based packaging standard for lithium-ion batteries will not be ready by November and will likely slip into early 2017, an Air Line Pilots Association (ALPA) committee member said Aug. 24....More