Aeroflot Group reports 1H net profit of $39 million

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Published: August 30, 2016

Russia’s Aeroflot Group reported first-half 2016 profit of RUB2.5 billion ($ 39 million), reversed from a net loss of RUB3.5 billion in the 1H 2015. The results are published according to International Financial Reporting Standards. First-half revenue reached RUB223.8 billion, up 26.8% year-over-year (YOY). Total passenger traffic revenue grew 28.7% to RUB188.1 billion. Revenue from […]

Asia-Pacific passenger growth up 10.2% in July

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Published: August 30, 2016

The Association of Asia Pacific Airlines (AAPA) reported 26.2 million international passengers in July, up 10.2% year-over-year (YOY). International passenger demand grew 8.4% YOY to 96.57 billion RPKs, reflecting strong demand for both regional and long-haul travel, AAPA said. Overall capacity on international scheduled services grew 7.3% YOY to 118.02 billion ASKs, lifting the region’s passenger […]

Sri Lanka’s Colombo Airport to partly close for maintenance

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Published: August 30, 2016

Sri Lanka’s Colombo Bandaranaike International Airport (BIA) will partially close between Jan. 6 and April 6, 2017, for maintenance work on its 3,350 meter-long main runway. The BIA partial closure will affect all flights. SriLankan Airlines announced Aug. 26 that it will adjust daily flight schedules over the three-month period from 0830 hours to 1630 hours […]

Southwest, pilots reach ‘agreement in principle’ on new contract

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Published: August 30, 2016

Dallas-based Southwest Airlines and the Southwest Airlines Pilots Association (SWAPA), the union representing the carrier’s 8,400 pilots, have reached an “agreement in principle” on a new contract, according to SWAPA. The announcement comes nearly a year after Southwest management and SWAPA reached a tentative agreement on a new labor contract that was subsequently voted down […]

Kirby resigns as American’s president, named United’s president

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Published: August 30, 2016

American Airlines president Scott Kirby has resigned, effective immediately, to take the same position with rival United Airlines. United CEO Oscar Munoz, who had also held the title of president, will relinquish that title to Kirby, who has been closely associated with American chairman and CEO Doug Parker for more than two decades; the two […]

LAX issues ground stop after false shooter alert

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Published: August 29, 2016

Los Angeles International Airport (LAX) issued a ground stop Sunday evening, Aug. 28, after an alert about a possible shooter.  The ground stop lasted 30 minutes and caused 27 arriving flights to be diverted. No shooter was found.  According to LAX operator Los Angeles World Airports (LAWA), approximately 281 flights were delayed.  LAX police had earlier […]

Former SunExpress CEO joins Thomas Cook Group

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Published: August 29, 2016

UK-based tour operator Thomas Cook Group has appointed former SunExpress CEO Paul Schwaiger as commercial director-Continental Europe, effective Sept. 1. Schwaiger will be responsible for developing the short- and medium-haul network of the group’s Germany-based leisure carrier Condor and Thomas Cook Airlines Belgium. Schwaiger has been with SunExpress, a joint venture of Lufthansa and Turkish […]

Third Embraer E190-E2 joins flight test program

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Published: August 29, 2016

The third of four Embraer E190-E2 flight test aircraft has flown for the first time, the Brazilian manufacturer confirmed. The flight test program for the next-generation E-Jet powered by Pratt & Whitney PW1900G geared turbofan (GTF) engines was launched ahead of schedule May 23. The second E2 prototype took to the skies July 8. The […]

Russia lifts ban on charter flights to Turkey

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Published: August 29, 2016

Russia’s Prime Minister Dmitry Medvedev signed a resolution lifting the ban on charter flights to Turkey Aug. 28, leading the way for Russian leisure carriers to file requests to begin charter flights between the two countries. Russia’s Federal Air Transport Agency said in a statement it is ready to allow airlines to resume charter flights. […]

China’s aero-engine group begins formal operations

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Published: August 29, 2016

China’s state-owned aero-engine group has started formal operations in an effort to develop domestic, high-tech businesses to compete in international markets. The new entity—China Aviation Engine Group—has a registered capital of CNY50 billion ($ 7.62 billion). Its stakeholders include the state-owned Assets Supervision and Administration Commission of the State Council, Chinese aerospace firm AVIC International Holding Corp. […]

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