Inmarsat to launch second satellite Feb. 1

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Published: January 23, 2015

Global mobile satellite communications services provider Inmarsat has confirmed that its second Global  Xpress (GX) satellite— Inmarsat-5 F2 —is scheduled to launch Feb. 1 from the Baikonur Cosmodrome in Kazakhstan. It is expected to provide broadband GX services covering the Americas and the Atlantic Ocean. Inmarsat is investing $ 1.6 billion in the delivery of […]

People-Jan. 22, 2015

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Published: January 23, 2015

FlightSafety International promoted Learning Center manager Fabio Miguez to regional operations manager. AerSale announced that Thomas Vansittart has joined the AerSale team as director of airframe material sales, EMEA, to further support the company’s global footprint in the European and Middle East Regions. Recaro Group has added three new members to its advisory board: Eagon […]

IATA: Global passenger traffic growth stalls in November

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Published: January 23, 2015

Global international traffic—combining worldwide premium and economy traffic—leveled off in November, with year-over-year (YOY) growth of 3.6%, unchanged from October , according to IATA’s November Premium Traffic Monitor. “Consistent with weakening global business conditions, these results suggest that growth in international air travel is stalling,” IATA said. Premium traffic volume worldwide was up 2.2% year-over-year […]

Qatar Airways expands in Italy and Spain

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Published: January 23, 2015

Qatar Airways will add 30% more capacity to its three Italian routes and is adding four extra weekly flights to Madrid. Just days after Etihad Airways and Alitalia detailed their strategy, Qatar announced plans to operate all-widebody services to its three Italian destinations, Milan Malpensa, Rome Fiumicino and Venice. “The increase in capacity to Italy […]

Air France to cut another 800 positions

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Published: January 22, 2015

Air France has detailed plans for a further 800 voluntary layoffs. It is also considering delaying its Boeing 777 deliveries and has sold half its 4.4% stake in Amadeus. While Transform 2015 and lower fuel prices will deliver some benefits in 2015, a weaker unit revenue trend since the summer of 2014 has prompted the […]

Boeing in talks with Russian carriers about fleet development changes

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Published: January 22, 2015

Boeing has begun discussions with Russian airlines about potential changes in their fleet development due to the downturn in the country’s economy, Bloomberg reported, quoting Boeing VP-global sales John Wojick.  He said scheduled deliveries for 2015 will be fulfilled as it’s too late for the US manufacturer to adjust the schedules. Transaero has two 747-8 deliveries […]

Clark: Emirates would buy 100 A380neos

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Published: January 22, 2015

Emirates Airline president Tim Clark has reportedly said he would buy 100 Airbus A380neos if the European aircraft manufacturer decided to launch a re-engined version. Clark told Bloomberg at the World Economic Forum in Switzerland, “What we’ve said is if you are going to do the A380neo, we are in for 100 [aircraft] . We […]

Alaska Air Group 2014 profits up 19% to $605 million

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Published: January 22, 2015

Alaska Air Group, parent of Alaska Airlines and Horizon Air, posted a record full-year net profit for 2014 of $ 605 million, up 19.1% compared to 2013’s net profit of $ 508 million. Alaska’s 2014 operating revenue grew 4.1% year-over-year to $ 5.37 billion. Operating expenses rose 2% year-over-year (YOY) to $ 4.41 billion, resulting […]

United’s momentum continues: 2014 net profit up 98% to $1.13 billion

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Published: January 22, 2015

United Airlines parent United Continental Holdings posted 2014 net income of $ 1.13 billion, up 98% over a $ 571 million net profit in 2013, as the Chicago-based company appears to finally have serious earnings momentum after several years of financial and operational struggles. “We improved our operation meaningfully throughout 2014,” chairman, president and CEO […]

Southwest Airlines earns record $1.14 billion 2014 net profit

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Published: January 22, 2015

Southwest Airlines reported a 2014 net profit of $ 1.14 billion, up 50.7% over net income of $ 754 million in 2013 , as expenses decreased slightly year-over-year while revenue grew 5.1%. The 2014 net profit was Southwest’s highest ever and marked the 42nd consecutive year the Dallas-based airline has been in the black. The […]

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