Air Canada net income increases
Air Canada has posted a tenfold increase in 2014 net income to C$105 million ($90.3 million). The airline’s 2014 adjusted net profit, which excludes foreign exchange, net financing expense on employee...
Air Canada has posted a tenfold increase in 2014 net income to C$105 million ($90.3 million). The airline’s 2014 adjusted net profit, which excludes foreign exchange, net financing expense on employee...
Airlink is currently helping its partners respond to severe flooding in Malawi as a result of far-above-average rainfall in January. The situation on the ground in Malawi is dire. Reports suggest that...
Germanwings has stated that it will operate more than half its 900 scheduled flights during a two-day strike by pilots that began yesterday. The airline will use some of its own pilots or chartered pl...
China Eastern Airlines will take delivery of its fifth 777-300ER in late March. The 777-300ER will be the first of five 777-300ERs to be introduced by the Shanghai-based carrier in 2015. China Eastern...
South Korea’s Asiana Airlines has signed a Letter of Intent (LOI) with Airbus for the purchase of 25 A321neo single aisle aircraft as part of its ongoing fleet modernisation programme. Seating 180 pas...
GoJet Airlines, a wholly owned subsidiary of Trans States Holdings, Inc., has announced that it has entered into an agreement with Delta Air Lines to operate seven Bombardier CRJ900 aircraft under the...
United Airlines’ January 2015 consolidated traffic (revenue passenger miles) increased 1.1% and consolidated capacity (available seat miles) increased 1.4% versus January 2014. UAL's January 2015 cons...
Norwegian continues its cooperation with several big tour operators by entering new agreements with TUI, Thomas Cook and Nazar. The agreements mean that Norwegian will fly charter passengers to severa...
Icelandair Group has posted an 18% increase in 2014 net profit to $66.5 million. Revenue rose by 8.8% to $1.11 billion from $1.02 billion in 2013. EBITDA increased by 7% to $154.3 million. Icelandair ...
In a bid to develop its international routes, Vistara is seeking a rule change that requires Indian-registered airlines to fly overseas only once they have operated domestic flights for five years and...
Spirit Airlines grew capacity 17.9%, grew revenue 16.8% to $1.9 billion, increased net income 33.3% and had a pretax return on invested capital of 30.1% during 2014. The ultra-low-cost carrier has pos...
In a letter to board members Karl Ulrich Garnadt and Bettina Volkens stated that further cost cutting measures were needed to remain competitive since its cost level is 30-40% higher than its direct c...
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