Ryanair CEO Michael O’Leary signs for five more years

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Published: October 24, 2014

Ryanair CEO Michael O’Leary has committed to remain with the Irish budget carrier until September 2019. O’Leary has already accrued 17 years as CEO of Ryanair, a position which he took up when the airline floated shares publicly in 1997. In a statement, Ryanair confirmed that O’Leary has switched from a 12-month rolling contract to […]

Delta MD-88 captain Canoll elected new ALPA president

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Published: October 24, 2014

Delta Air Lines pilot Tim Canoll has been elected as the new president of the Air Lines Pilots Association (ALPA), the union representing more than 51,000 pilots at 30 airlines in the US and Canada. Canoll succeeds outgoing ALPA president Lee Moak , who did not seek reelection. Moak was also a Delta pilot. Canoll, […]

IATA: Passenger traffic breaks summer slump with 4.5% August rebound

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Published: October 24, 2014

Global international passenger traffic rebounded across-the-board in August, as overall traffic grew 4.5% year-over-year after two months of weak growth in the 2-3% range, according to IATA’s August Premium Traffic Monitor. “Business confidence has started to rise once more, as worries about the impact of geopolitical developments and US Federal Reserve monetary policy appear to […]

Moscow Vnukovo Airport managers resign

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Published: October 24, 2014

Moscow Vnukovo Airport general director Andrey Dyakov and his deputy Sergey Solntsev have resigned after a Falcon 50 business jet crashed at the airport on the night of Oct. 20-21. The business jet hit a snow-clearing machine while taking off. The CEO of France’s oil and gas giant Total, Christophe de Margerie, was among four […]

Southwest reports profits up; plans measured 2015 capacity increase

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Published: October 23, 2014

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Austrian Airlines sets fleet modernization priorities

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Published: October 23, 2014

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JetBlue reports $79 million profit in 3Q, but Latin America underperforms

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Published: October 23, 2014

JetBlue Airways saw lower-than-expected summer yields in Latin America and the Caribbean, a problem executives blamed on increased competition and more capacity in the markets, executives said Thursday in its third-quarter earnings conference call. The New York-based carrier said it grew Latin American and Caribbean capacity by about 17% year-over-year in the third quarter, considerably […]

Airbus A350 XWB, A330 gains common type rating for pilot training

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Published: October 23, 2014

The Airbus A350 XWB and A330 have been approved for common type rating for pilots training to fly the aircraft. The new regulatory approval means that pilots who are qualified and current on the A330 can start training to fly the A350 XWB by undergoing “differences training” only. Differences training does not require the use […]

Volaris rebounds with $26 million 3Q profit; ancillary income up 58%

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Published: October 23, 2014

Mexico City-based ultra-low-cost-carrier (ULCC) Volaris further eased its cumulative 2014 losses in the third quarter, reporting a net profit of MXP347.3 million ($ 25.7 million), a 36.9% year-over-year improvement on the company’s 2013 September quarter results. The third-quarter turnaround allows Volaris to diminish its 2014 losses (MXP370 million in the first-quarter , MXP75 million in […]

United more than doubles 3Q net profit as revenue rises, costs fall

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Published: October 23, 2014

United Airlines parent United Continental Holdings posted its second straight strong earnings period in the third quarter, reporting net income of $ 924 million, indicating the carrier may finally be joining the US airline industry’s financial turnaround. The third-quarter net profit more than doubled net income of $ 379 million in the prior-year period and […]

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