Just hours after Lufthansa’s former CEO Wolfgang Mayrhuber withdrew his candidacy to become Deutsche Lufthansa AG supervisory board chairman, Lufthansa announced it would stand by him....More
Air Canada, coming off a loss-making first quarter, is counting on the development of its international network to enable it to eventually achieve “sustained profitability.”...More
Air France-KLM Group reported a first-quarter negative net income of €630 million ($827.6 million), widened from a loss of €379 million in the year-ago period....More
Qatar Airways has reportedly said it would receive compensation from Boeing for the Jan. 16 grounding of the carrier’s five 787s, which should be placed in service with battery system modifications before the end of the month....More
Improvement in air cargo traffic growth “has stalled,” IATA reported, citing a 2.3% year-over-year decline in total global airfreight traffic in March....More
LATAM Airline Group, the merger of Chile’s LAN Airlines and Brazil’s TAM Airlines, will meet June 11 to discuss expanding its capital $1 billion through the issuance of ordinary shares....More
Lufthansa Group posted a first-quarter net loss of €459 million ($605.1 million), widened 16.5% from a net loss of €394 million in the year-ago period....More
Oneworld CEO Bruce Ashby believes the new cooperation Qantas, a founding alliance member, and non-alliance member Emirates, will not hurt other alliance partners such as American Airlines or British Airways....More
Republic Airways—parent of Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America—reported first-quarter net income of $0.3 million, reversed from a net loss of $7.1 million in the year-ago quarter....More
China Eastern Airlines reported a first-quarter net loss of CNY132.4 million ($21.3 million), reversed from a net profit of CNY266.5 million in the year-ago period....More
Japan Airlines (JAL) reported net income of ¥171.6 billion ($1.75 billion) for its full fiscal year ended March 31, down 8% from a net profit of ¥186.6 billion in the prior fiscal year, and said Tuesday that 787 service will resume June 1....More
Florida-based Spirit Airlines earned a first-quarter net profit of $30.6 million, up 30.5% over $23.4 million in net income in the year-ago period....More
Hainan Airlines reported a first-quarter net profit of CNY183.84 million ($29.6 million), up 4.7% from CNY175.6 million in the year-ago quarter....More
Turkish low-cost carrier (LCC) Pegasus Airlines has floated 34.5% of its share capital on the Istanbul stock exchange, completing its long-awaited initial public offering (IPO)....More
Thomas Cook Group—which detailed plans in February to reorganize its Belgian, German and UK airlines—has announced it will merge Frankfurt-based Condor Flugdienst GmbH and its wholly owned subsidiary Condor Berlin GmbH....More
China Southern Airlines reported a net profit of CNY57 million ($9.16 million) in the first quarter, down 82% compared to net income of CNY319 million in the year-ago quarter....More
Finnair reported a first-quarter loss of €15.8 million ($20.6 million), an 18.3% improvement on the €19.3 million loss recorded in the year-ago period....More
Star Alliance CEO Mark Schwab is in talks with US Airways management about the carrier’s exit from Star after the merger with American Airlines is completed later this year....More
Governments must put more political will into sorting out air traffic management mega-projects and also addressing the political issue of finding a global agreement for emission market-based-measures (MBMs), the head of IATA said Monday....More
Airbus, Air Canada and BioFuelNet Canada have formed a partnership to assess Canadian solutions for the production of sustainable jet fuels with a long-term goal of supplying Air Canada....More
US regional airlines are increasingly concerned about a potential pilot shortage that could curtail their growth or even force carriers to decrease capacity....More
Preliminary results of a pilot fatigue study conducted by Washington State University (WSU) show there is a “small difference” between the fatigue level of pilots conducting multi-segment operations and those flying a longer single segment....More
Embraer president and CEO-commercial aviation Paulo Cesar Souza e Silva said the “second generation” E-Jet, while not an all-new aircraft, will be “much, much more than a re-engine.”...More
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