Bombardier: CSeries has accumulated 120 flight hours since testing resumed

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Published: October 30, 2014

Bombardier has conducted more than 120 hours of CSeries flight testing since the test program resumed Sept. 7 after a 100-day grounding , and is holding to a second half of 2015 entry-into-service target. It remains uncertain with which carrier the aircraft will enter service. Lufthansa, which was the first airline to order the CSeries […]

Air France’s Alitalia stake to be diluted to under 1%

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Published: October 30, 2014

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Russia’s VIM Avia to sell eight Boeing 757s

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Published: October 30, 2014

Moscow-based VIM Avia plans to sell eight Boeing 757-200s. Although the carrier did not disclose details, ATW was told the 757s would be replaced with new aircraft with various layouts enabling the carrier to respond to market changes easier. The existing 757s are configured in layouts with or without business class and can carry up […]

Aeroflot names new LCC ‘Pobeda’

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Published: October 30, 2014

Russia’s Aeroflot Group has named its new low-cost carrier (LCC) “Pobeda,” which translates to “victory” in Russian. The carrier is expected to operate its first flight from Moscow Vnukovo Airport to Volgograd Nov. 17. Ticket sales will begin Nov. 1. The LCC plans to fly from Moscow to Surgut, Perm, Yekaterinburg, Samara, Kazan, Volgograd, Belgorod […]

ANA’s fiscal 1H net profit up 78% on international growth

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Published: October 30, 2014

All Nippon Airways (ANA) achieved a healthy improvement in profits for the six months through September, as the airline’s rapid expansion in international markets provided a significant boost in revenue. The carrier’s parent, ANA Holdings, reported a net profit of ¥35.7 billion ($ 327.3 million) for its fiscal first half, up 78.2% from a profit […]

Air China’s 9-month net profit falls 22%

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Published: October 30, 2014

Air China reported net profit of CNY3.16 billion ($ 515 million) for the first nine months of the year, down 22% compared with net income of CNY4.06 billion in the year-ago period . The Beijing-based carrier cited exchange losses resulting from yuan depreciation as the main reason for the profit decline. The carrier reported CNY2.267 […]

CSA Czech Airlines in negotiations with Korean Air for financial aid

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Published: October 30, 2014

SkyTeam member CSA Czech Airlines is working to get financial help from key shareholder Korean Air to overcome its financial struggles. Several media outlets are reporting that, as of September, an estimated $ 20 million is required. “There has been a significant shift in negotiations with Korean Air,” CSA said in a statement, adding that […]

United Airlines begins Los Angeles-Melbourne route

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Published: October 30, 2014

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American stays with miles-based loyalty program for merged system

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Published: October 30, 2014

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Grupo Aeroméxico 3Q net profit down 59% to $14.8 million

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Published: October 30, 2014

Grupo Aeroméxico reported a MXP201 million ($ 14.8 million) net profit for the third quarter, a recovery from a net loss in the second quarter , but down 59.4% from net income of MXP495 million in the 2013 September quarter. Third-quarter revenue rose 6.9% year-over-year to MXP11.19 billion “primarily due to an increase in passenger […]

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