Finance & Data http://atwonline.com/taxonomy/term/7394/more en Air Lituanica halts services http://atwonline.com/finance-data/air-lituanica-halts-services <div class="node-body article-body"><p>Lithuanian carrier Air Lituanica ceased flying from noon Friday, local time. The small airline, whose website credits it with operating an Embraer E-175, an Embraer E-145 and an ATR 42 said its management had decided to stop operations.</p> <p>The final flights operated from Vilnius, the Lithuanian capital, were to Amsterdam, Tallinn and Paris. Afternoon services to Berlin, Prague, Brussels and Stockholm were canceled.</p></div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/air-lituanica-halts-services" target="_blank">read more</a></p> http://atwonline.com/finance-data/air-lituanica-halts-services#comments Airlines Finance & Data Daily News Air Lituanica AirBaltic Martin Gauss Riga Vilnius Fri, 22 May 2015 17:41:00 +0000 166841 at http://atwonline.com <p>Air Lituanica aircraft at Tallinn Airport</p> Courtesy, Facebook Reports: Turkish Airlines eyes strategic alliance with Air Malta http://atwonline.com/finance-data/reports-turkish-airlines-eyes-strategic-alliance-air-malta <div class="node-body article-body">Turkish Airlines is evaluating a strategic alliance with Air Malta, which may include a partial investment or a complete takeover of Air Malta, according to several Maltese media reports. </div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/reports-turkish-airlines-eyes-strategic-alliance-air-malta" target="_blank">read more</a></p> http://atwonline.com/finance-data/reports-turkish-airlines-eyes-strategic-alliance-air-malta#comments Airlines Finance & Data Daily News Air Malta Airbus Turkish Airlines Fri, 22 May 2015 17:36:00 +0000 166911 at http://atwonline.com <p>Air Malta A320</p> Courtesy, Air Malta Asia-Pacific carriers see profit slump in 2014 http://atwonline.com/associations/asia-pacific-carriers-see-profit-slump-2014 <div class="node-body article-body">Airlines across the Asia Pacific region saw a significant drop in 2014 operating profits despite a slight increase in revenue, according to the Association of Asia Pacific Airlines (AAPA).</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/associations/asia-pacific-carriers-see-profit-slump-2014" target="_blank">read more</a></p> http://atwonline.com/associations/asia-pacific-carriers-see-profit-slump-2014#comments Airlines Associations Finance & Data Daily News AAPA Andrew Herdman Association of Asia Pacific Airlines Fri, 22 May 2015 17:32:00 +0000 166961 at http://atwonline.com IATA: Overall international traffic growth trend is ‘flat’ http://atwonline.com/associations/iata-overall-international-traffic-growth-trend-flat <div class="node-body article-body"><p>International traffic grew globally 4.6% year-over-year (YOY) in March, matching <a href="http://atwonline.com/finance-data/iata-premium-travel-weak-february">February</a>&rsquo;s YOY improvement but indicating a &ldquo;flattened&rdquo; growth trend, according to IATA&rsquo;s March Premium Traffic Monitor.</p></div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/associations/iata-overall-international-traffic-growth-trend-flat" target="_blank">read more</a></p> http://atwonline.com/associations/iata-overall-international-traffic-growth-trend-flat#comments Associations Finance & Data Daily News economy traffic IATA premium traffic Premium Traffic Monitor Fri, 22 May 2015 17:30:00 +0000 166981 at http://atwonline.com American Airlines to integrate regional carriers http://atwonline.com/finance-data/american-airlines-integrate-regional-carriers <div class="node-body article-body">American Airlines is focused on ensuring its regional carriers have “safe and reliable” operations and is not interested in the next generation of regional jets, at least for now, American SVP-regional carriers Kenji Hashimoto told ATW’s sister publication Aviation Daily.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/american-airlines-integrate-regional-carriers" target="_blank">read more</a></p> http://atwonline.com/finance-data/american-airlines-integrate-regional-carriers#comments Airlines Finance & Data Daily News American Airlines American Eagle ATW Plus Compass Airlines Delta Air Lines Envoy Kenji Hashimoto Mesa Airlines regional carriers Thu, 21 May 2015 21:03:00 +0000 166751 at http://atwonline.com <p>American Eagle CRJ700</p> Courtesy, Bombardier LuxairGroup’s net profit soars in 2014 http://atwonline.com/finance-data/luxairgroup-s-net-profit-soars-2014 <div class="node-body article-body">Luxembourg-based aviation company LuxairGroup, parent of Luxair, reported a 2014 net profit of €9.7 million ($11.8 million), a more than fivefold increase from €1.9 million in the year-ago period. </div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/luxairgroup-s-net-profit-soars-2014" target="_blank">read more</a></p> http://atwonline.com/finance-data/luxairgroup-s-net-profit-soars-2014#comments Airlines Finance & Data Daily News Adrien Ney Bombardier Dash 8 Q400 Cargolux Luxair Luxair Tours LuxairCargo Paul Helminger Thu, 21 May 2015 20:54:00 +0000 166801 at http://atwonline.com <p>Luxair Bombardier Dash 8 Q400</p> By Kurt Hofmann Investment firm to buy Worldwide Flight Services http://atwonline.com/finance-data/investment-firm-buy-worldwide-flight-services <div class="node-body article-body">Cargo handler Worldwide Flight Services (WFS) is being acquired by global investment firm Platinum Equity from its former owners, LBO France.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/investment-firm-buy-worldwide-flight-services" target="_blank">read more</a></p> http://atwonline.com/finance-data/investment-firm-buy-worldwide-flight-services#comments Airlines Finance & Data Daily News Aviapartner cargo handler cargo handling LBO France Olivier Bijaoui Orbital Group Platinum Equity WFS Worldwide Flight Services Wed, 20 May 2015 19:19:00 +0000 166611 at http://atwonline.com CEO: Austrian Airlines eyes cautious growth as competition intensifies http://atwonline.com/finance-data/ceo-austrian-airlines-eyes-cautious-growth-competition-intensifies <div class="node-body article-body">Lufthansa subsidiary Austrian Airlines plans to follow a cautious growth path after restructuring as competition grows more intense.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/ceo-austrian-airlines-eyes-cautious-growth-competition-intensifies" target="_blank">read more</a></p> http://atwonline.com/finance-data/ceo-austrian-airlines-eyes-cautious-growth-competition-intensifies#comments Airlines Finance & Data Daily News ATW Plus Austrian Airlines Bombardier Dash 8 Q 400 Eurowings Jaan Albrecht Kay Kratky Lufthansa Star Alliance Swiss International Air Lines Wed, 20 May 2015 19:17:00 +0000 166621 at http://atwonline.com <p>From left, outgoing CEO Jaan Albrecht with incoming CEO Kay Kratky</p> By Kurt Hofmann LOT Polish Airlines CEO: Airlines are difficult to sell http://atwonline.com/finance-data/lot-polish-airlines-ceo-airlines-are-difficult-sell <div class="node-body article-body">LOT Polish Airlines is raising the prospect of an initial public offering (IPO) following the carrier’s reported first profit for seven years for 2014, according to several European media outlets.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/lot-polish-airlines-ceo-airlines-are-difficult-sell" target="_blank">read more</a></p> http://atwonline.com/finance-data/lot-polish-airlines-ceo-airlines-are-difficult-sell#comments Airlines Finance & Data Daily News ATW Plus European Union LOT Polish Airlines Polish treasury Sebastian Mikosz Star Alliance Tue, 19 May 2015 20:22:00 +0000 166461 at http://atwonline.com <p>LOT Polish Airlines Boeing 787</p> By Kurt Hofmann UTair reduces staff 19% since end of 2014 http://atwonline.com/finance-data/utair-reduces-staff-19-end-2014 <div class="node-body article-body">Russia’s UTair has cut its staff 19% since the end of 2014 to 4,171 as of March 31, 2015, according to its first-quarter report published according to Russian Accounting Standards (RAS). </div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/utair-reduces-staff-19-end-2014" target="_blank">read more</a></p> http://atwonline.com/finance-data/utair-reduces-staff-19-end-2014#comments Airlines Finance & Data Daily News Rosaviatsia Russia’s Federal Air Transport Agency UTair Airline Tue, 19 May 2015 19:16:00 +0000 166451 at http://atwonline.com <p>UTair Russian aircraft</p> Courtesy, UTair