Fire again disrupts Rome Fiumicino; Alitalia seeks damages for May fire

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Published: August 1, 2015

Fire has once again disrupted operations at Rome Fiumicino Airport, triggering a backlash from Alitalia, which is demanding at least €80 million ($ 87.6 million) in compensation for recent upheavals. Fiumicino has had a tough few months. It suffered a major blaze in May , which seriously damaged Terminal 3, disrupting international operations, and on […]

Rival bidder emerges for Irish lessor Avolon

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Published: August 1, 2015

An unnamed bidder has put in a rival offer for 100% of Avolon, forcing China’s Bohai Leasing to increase its bid and seek 100% of the lessor instead of the 20% stake it originally planned to acquire. In mid-July, Hainan Airlines sister company Bohai Leasing outlined plans to acquire a 20% “strategic interest” in Irish […]

Qatar Airways submits report to US government on Open Skies dispute

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Published: August 1, 2015

Qatar Airways has submitted a white paper to the US government answering US airline allegations of unfair competitive behavior and state subsidies. The 60-page document refutes the white paper commissioned by the three US majors, saying it is full of factual errors and part of an anti-competition campaign. The dispute has seen American Airlines, Delta Air […]

IAG reports $397 million net profit in 2Q

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Published: August 1, 2015

International Airlines Group (IAG) , parent of British Airways, Iberia and Vueling, reported a net profit of €358 million ($ 397 million) for the second quarter ended June 30, up 27.9% on the same period last year. Revenue for the period was up 11.2% to £5.7 billion, while operating costs were up 8.9% to £5.1 […]

IAG to add 13 Airbus aircraft to Iberia

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Published: August 1, 2015

International Airlines Group (IAG), parent of British Airways, Iberia and Vueling, plans to convert up to five Airbus A330-200 and eight A350-900 options into orders for Iberia as well as open new long-haul routes. In August 2014, IAG ordered eight A330-200s, to be delivered this year and next, along with eight A350-900s for delivery from […]

United CEO defends ‘business-like’ airlines

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Published: August 1, 2015

Subscribe to Access this Entire Article “United CEO defends ‘business-like’ airlines ” 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. To learn more, click here . If […]

Kenya Airways widens net losses for 2014-15 financial year

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Published: August 1, 2015

Nairobi-based Kenya Airways reported a net loss of KSh25.74 billion ($ 274 million) for the 2014-15 financial year ended March 31, deepened from a KSh3.38 billion net loss in the year-ago period. Kenya Airways also announced it has secured a KSh20.4 billion loan from Cairo-based AfrEximbank to avoid complete bankruptcy. AfrEximbank will further advise Kenya […]

IATA: European passenger rise drives May 6.2% global traffic growth

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Published: August 1, 2015

International passenger traffic grew globally 6.2% year-over-year (YOY) in May, increasing from April’s 3.8% YOY improvement and due largely to accelerating traffic within the European market , according to IATA’s May Premium Traffic Monitor. Approximately 409 million passengers passed through the world’s airports  in May. International premium traffic was up 4.1% YOY in May and accounted for […]

Aircraft News-July 31, 2015

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Published: July 31, 2015

Air Canada has taken delivery of its first Boeing 787-9, a larger version of the Dreamliner 787-8. First designated routes for the 787-9 are nonstop services from Toronto to Delhi beginning Nov. 1 and to Dubai beginning Nov. 3. The Canadian flag carrier took delivery of its first Dreamliner in May 2014 and will receive […]

China’s Xiamen Airlines begins long-haul services to Amsterdam

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Published: July 31, 2015

China’s Xiamen Airlines has launched international long-haul services to Amsterdam from Xiamen and plans to open new services to Sydney at the end of the year as it picks up its international expansion pace. In 2016, Xiamen plans to operate new intercontinental services to North America. The Xiamen-based carrier is also speeding up the expansion […]

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