MAJOR AIRLINE NEWS

 

BREAKING NEWS

Spirit 1Q net profit down 48%, but touts operational improvement

Air Transport World  2017-04-28 20:24:00

down 48.4% from net income of $61.9 million in the prior-year period, but the Fort Lauderdale-based airline believes it is on the upswing.read more

Airline overbooking under scrutiny with Congress set to hold hearings

Air Transport World  2017-04-28 19:43:00

With the US Congress preparing to hold hearings next week on the state of airline customer service, the practice of overbooking flights is coming under scrutiny, and both airline policies and potential ...

Japan Airlines forecasts further profit decline

Air Transport World  2017-04-28 17:56:00

Japan Airlines (JAL) reported a net profit of 164.1 billion ($1.5 billion) for fiscal 2016 through March 31, down 6% compared to net profit of 174.4 billion in the previous year. read more

ANA eyes strong profit, fleet growth targets

Air Transport World  2017-04-28 17:39:00

All Nippon Airways Holdings (ANA) reported a 98.8 billion ($889 million) net profit for fiscal 2016, up 26.4% from net profit of 78.1 billion in the previous year. read more

Africa?s RwandAir replaces CEO, launches London Gatwick services

Air Transport World  2017-04-28 16:59:00

RwandAir named Chance Ndagano as acting CEO, who replaced John Mirenge April 10. read more

Japan Air Commuter launches ATR operations

Air Transport World  2017-04-28 16:47:00

Japan Air Commuter (JAC)?a Japan Airlines subsidiary?launched its first ATR 42-600 flight April 26 on service from Kagoshima to Yakushima. read more

Cabin Interiors-April 28, 2017

Air Transport World  2017-04-28 16:43:00

Cabin Interiors-April 28, 2017read more

Russia?s Irkut Corp. posts $20.1 million net income for 2016

Air Transport World  2017-04-28 16:40:00

Russian aircraft manufacturer Irkut Corp. reported a 2016 net income of RUB1.2 billion ($20 million), reversed from a RUB2.3 billion net loss in the year-ago period. read more

SWISS, Austrian and Lufthansa abolish two-persons-in-the-cockpit rule

Air Transport World  2017-04-28 16:23:00

Lufthansa Group subsidiaries Swiss International Air Lines (SWISS), Austrian Airlines and Lufthansa will abolish a rule requiring two people in the cockpit, effective May 1. read more

UPS posts $1.2 billion 1Q net profit as B2C and B2B deliveries rise

Air Transport World  2017-04-28 15:47:00

United Parcel Service (UPS) posted a $1.2 billion net profit for the first quarter of 2017, up 2.4% from net income of $1.1 billion in 1Q 2016, on a 6.2% year-over-year rise in total company revenue to ...

 

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