Bombardier CSeries customer declines launch operator spot

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Published: September 1, 2014

Swedish company Braathens Aviation has told Bombardier it no longer wants to be the launch operator of the CSeries 110 to 169-seat airliner. Braathens’ domestic unit, Malmo Aviation, said it was the planned launch operator. But in its second quarter/first half financial results statement, Braathens said “increased uncertainty” about the CSeries program and the possibility […]

Analyst Mike Boyd sees growth in some US-EU and US-Canada markets

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Published: August 30, 2014

Subscribe to Access this Entire Article “Analyst Mike Boyd sees growth in some US-EU and US-Canada markets ” is part of ATW Plus , our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. […]

Lufthansa Group resumes flights to Erbil

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Published: August 29, 2014

The Lufthansa Group has resumed flight operations to Erbil in Northern Iraq, based on the most recent assessments of the security situation in Iraq. “ Austrian Airlines put its daily flight from Vienna back on the schedule yesterday. Flight OS829 departed at 10:15 a.m. Lufthansa flies from Frankfurt to Erbil twice a week. The first […]

Aegean 1H results boosted by Olympic Air synergies

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Published: August 29, 2014

Greece-based Aegean Airlines reported an after tax profit of €15.9 million ($ 21 million) for the half year ended June 30, down marginally from the €16.5 million reported for the same period the previous year. However, net earnings for the period were up 131% from €6.9 million year-on-year when Olympic Air is included in the […]

BTS: US Airlines employment grows 0.8% in 1H

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Published: August 29, 2014

For the first-half of 2014, average full-time-equivalent (FTE) employment among US scheduled passenger airlines was 383,800, up 0.8% from 1H 2013, according to the US Department of Transportation’s Bureau of Transportation Statistics (BTS). In 2013, the January-June average US scheduled passenger airlines FTE employment was 380,800. FTE positions grew 1% year-over-year in June, to 385,475 workers. […]

People

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Published: August 29, 2014

IATA appointed Rodolfo Quevedo as director of safety, effective Sept. 2. He is based in Montreal and is responsible for cabin safety, safety management systems, and global aviation data management. Delta Air Lines announced that EVP-human resources and labor relations Mike Campbell will retire Oct. 1 after 40 years in the industry. He will be […]

Ryanair among bidders for Cyprus Airways

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Published: August 29, 2014

Low-cost carrier Ryanair confirmed Friday it had submitted a non-binding offer for ailing Cypriot national carrier, Cyprus Airways. The Irish carrier is understood to be one of 15 interested parties, including a number of other airlines that have submitted non-binding proposals in time to meet the Friday deadline. Other carriers that are interested in possibly […]

Virgin Australia sells stake in frequent flyer program

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Published: August 29, 2014

Virgin Australia is selling a minority share of its frequent flyer business to a prominent Asia-Pacific investment group in a move that will yield A$ 336 million ($ 314.1 million) for the airline. The carrier announced the sale on the same day that it reported a net loss of $ A355.6 million for the fiscal […]

Air Astana posts 2Q net profit

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Published: August 29, 2014

Air Astana reported second-quarter net profit of $ 16.5 million, up 7% over the year-ago period. The airline said the results were a rebound after the year’s first quarter was adversely affected by the 19% devaluation of the Kazakh Tenge in February. “Markets have not been as affected as severely as expected by regional currency […]

Malaysia Airlines posts $95 million 2Q loss; restructuring imminent

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Published: August 29, 2014

Malaysia Airlines has reported a second-quarter net loss of MYR305.7 million ($ 95.1 million), widened from a net loss of MYR175.2 million in the year-ago quarter. The results reflect the aftermath of the March 8 disappearance of flight MH370 and the shootdown of flight MH17 on July 17. For the first half of 2014, Malaysia […]

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