Airberlin cuts capacity 5%; Germany approves continued Etihad codeshares

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Published: October 23, 2014

Oneworld member and Etihad Airways equity partner airberlin will continue to adapt its route network by focusing on increased efficiency and further reducing seasonal effects, leading to a 5% reduction in capacity, according to airberlin CEO Wolfgang Prock-Schauer. “We have restructured our route network, strengthening core markets and eliminating loss-making routes,” he said. “Our strategy […]

Romanian carrier Tarom mulls low-cost subsidiary

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Published: October 23, 2014

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Boeing 3Q net income up 18% on strong performance by commercial unit

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Published: October 22, 2014

Boeing’s third-quarter net income rose 18% year-over-year to $ 1.36 billion driven by a strong performance by its Commercial Airplanes unit. The net profit was a $ 200 million improvement over net income of $ 1.16 billion in the 2013 September quarter . Boeing Commercial Airplanes’ third-quarter revenue increased 15% year-over-year to $ 16.11 billion […]

Virgin Australia signals international plans for Tigerair

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Published: October 22, 2014

Virgin Australia is likely to use subsidiary Tigerair Australia on international routes to better compete with Jetstar in the low-cost market, and it has not ruled out new fleet types for Tigerair. Virgin announced Oct. 17 it has struck a deal to fully take over Tigerair , pending regulatory approvals. It currently holds a 60% […]

Hawaiian Airlines sees gains in 3Q financial performance

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Published: October 22, 2014

Hawaiian Airlines’ third-quarter financial results show the carrier’s recent pause in international expansion is continuing to pay off with strengthening performance. While the carrier’s third-quarter net profit dipped slightly to $ 35.6 million, its adjusted profit—reflecting economic fuel cost—rose 35% year-on-year to $ 49.5 million. For the first nine months of this year, Hawaiian’s net […]

Airline News-Oct. 22, 2014

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Published: October 22, 2014

SkyWest Airlines has promoted Steve Black to VP-customer service, effective Nov. 17. Black will succeed Jim Boyd, who will retire after 33 years with the airline. Airberlin named Arnd Schwierholz as its new deputy CFO, effective Oct. 27. He is formerly CFO North America for LSG Sky Chiefs, the catering subsidiary of Deutsche Lufthansa AG. […]

IATA: Air freight to grow 4.1% annually through 2018

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Published: October 22, 2014

International air freight volumes are expected to grow at a five-year 4.1% compound annual growth rate (CAGR), according to IATA’s Airline Industry Forecast for 2014-2018. “After several years in the doldrums … it is welcome to see a forecast for a return to growth for the air cargo sector,” IATA DG and CEO Tony Tyler […]

Jazeera Airways 3Q net profit up nearly 23%

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Published: October 22, 2014

Kuwait-based hybrid carrier Jazeera Airways posted a net profit of KD8.1 million ($ 27.9 million), up 22.6% from the year-ago figure, in what it described as its best-ever third quarter. Revenue rose 15.2%, to KD23.1 million. Jazeera Airways Group chairman Marwan Boodai said the company was overcoming problems imposed by the region’s unstable geopolitical situation. […]

Delta: Seattle-Haneda schedule complies with DOT rules

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Published: October 22, 2014

Delta Air Lines is striking back against claims that it is misusing its slots at Tokyo’s Haneda Airport and stated in a filing the US Department of Transportation (DOT) has no precedent for seizing and reallocating the slots.                                                                         The DOT filing is in response to American Airlines’ claim earlier this month that Delta is […]

Eurocontrol launches alternative to ICAO wake turbulence separation

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Published: October 22, 2014

Eurocontrol has redefined standard aircraft wake turbulence separation minima for final approach and departure in a bid to increase runway throughput and efficiency at Europe’s airports. The European Re-categorization of Wake Turbulence Separation Minima (RECAT-EU) specification, which is now ready for deployment, is a pan-European alternative to the ICAO PANS-ATM wake turbulence categorization and separation […]

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