People-July 29, 2016

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Published: July 29, 2016

The International Air Cargo Association (TIACA) appointed Denis Choumert to the board of directors. Choumert is chairman of the European Shippers’ Council. Air France-KLM commercial, sales and alliances division has made the following appointments: Henri de Peyrelongue as SVP-commercial planning and representative of the commercial, sales and alliances division on the Air France executive committee; […]

Allegiant 2Q net profit up 12%

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Published: July 29, 2016

Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported second-quarter net income of $ 60.8 million, up 12% from $ 54.3 million in the year-ago period. Second-quarter operating revenue was up 7.1% to $ 344.9 million, while expenses were up 5% to $ 240.4 million, producing an operating income was $ 104.5 million, up […]

IAG half-year profits jump 67%

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Published: July 29, 2016

International Consolidated Airlines Group (IAG) reported a substantially improved half-year performance July 29. Like many counterparts, however, the Group expressed caution on the remainder of the year because of a spread of external factors. Net profit for the Group—which encompasses Irish flag carrier Aer Lingus, British Airways, Spain flag carrier Iberia and Spanish low-cost carrier […]

Allegiant Air agrees to buy 12 new Airbus A320ceos

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Published: July 29, 2016

Las Vegas-based Allegiant Air has agreed to purchase 12 new Airbus A320ceo aircraft. According to a company statement, this first-time new aircraft purchase is another step toward Allegiant’s planned transition to an all Airbus fleet by 2019. “The fact that these planes are new is notable, but should not be seen as a change in […]

Singapore Airlines nearly triples 1Q net profit

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Published: July 29, 2016

The Singapore Airlines Group has reported a 2016-17 first-quarter net profit of S$ 256.6 million ($ 190 million), nearly tripled from a S$ 91.2 million net profit in the year-ago period ended June 2015. The result was partially driven by a 4.4% drop in Group expenditure to S$ 3.46 billion for the 1Q 2016 period. […]

SkyWest posts $40 million 2Q net profit

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Published: July 29, 2016

Utah-based SkyWest, parent of regional carriers SkyWest Airlines and ExpressJet Airlines, reported $ 40.2 million in 2016 second-quarter net income, up 27.8% from the company’s $ 31.5 million net income in 2Q 2015. Second-quarter revenue for SkyWest and its subsidiaries increased 1.6% year-over-year (YOY) to $ 801.3 million while expenses declined 1.8% YOY to $ […]

Etihad opens LAX lounge as airport looks to improve facilities

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Published: July 29, 2016

Etihad Airways has opened a dedicated premium passenger lounge in the Tom Bradley International Terminal at Los Angeles International Airport (LAX), its third lounge in the US and first on the West Coast.  Etihad Aviation Group president and CEO James Hogan, Etihad Airways SVP-Americas Martin Drew and LA World Airports CEO Deborah Flint were at […]

Etihad chief: A350 & 777X are the future for widebodies

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Published: July 29, 2016

Subscribe to Access this Entire Article “Etihad chief: A350 & 777X are the future for widebodies ” 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, […]

China Eastern, China Southern to move to Beijing New Airport

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Published: July 29, 2016

China Eastern and China Southern Airlines, along with other SkyTeam member carriers, plan to move to Beijing New Airport when it opens in 2019, according to the CAAC. Air China and other Star Alliance member carriers are expected to remain at Beijing Capital Airport, which has a slot shortage, making it increasingly difficult for carriers […]

Allegiant Air pilots ratify labor agreement

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Published: July 29, 2016

Las Vegas-based low-cost carrier Allegiant Air pilots, represented by International Brotherhood of Teamsters (IBT), have ratified the airline’s first union contract. Allegiant and IBT have been negotiating in mediated sessions with the National Mediation Board since February 2014. More than 85% of voting Allegiant pilots voted to ratify the contract. IBT said Allegiant Air pilots […]

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