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.
Japan’s All Nippon Airways (ANA) reported net income of ¥3.5 billion ($34.4 million) for the first-quarter of the company’s fiscal year 2014 ended June 30, reversed from a net loss of ¥6.6 billion in the year-ago quarter.
Mexican ultra-low-cost carrier (ULCC) Volaris eased its 2014 losses in the second quarter, reporting a net loss of MXP75 million ($6 million), narrowed from the company’s first-quarter net loss of MXP370 million.
American Airlines Group—in its second reporting period since the merger last December of American Airlines and US Airways—reported a record-setting net profit of $864 million, up 70.4% year-over-year from the combined carriers’ $507 million net profit in the 2013 June quarter.
In May, US airlines reported four domestic flights with tarmac delays exceeding three hours and one international flight with tarmac delays exceeding four hours, according to the US Department of Transportation’s (DOT) Air Travel Consumer Report and the Bureau of Transportation Statistics.
Brazilian manufacturer Embraer delivered 29 commercial aviation aircraft and 29 executive jets in the second quarter, for a total of 58 aircraft during the quarter, a 13.7% year-over-year increase, compared to the second quarter of 2013.
Airbus president and CEO Fabrice Brégier said the European manufacturer had one its most successful air show performances ever at the 2014 Farnborough Airshow, where it won commitments for 496 aircraft worth more than $75 billion over four days....More