China’s Juneyao Airlines saw its first-quarter 2019 profits slide 7.5% year-over-year (YOY) to CNY400.4 million ($59.6 million), as operating costs continue to increase.
Vietnam’s Vietjet Air’s first-quarter earnings report shows strong momentum in revenue and profit growth, as the airline continues its international expansion.
Italy’s government said railway company Ferrovie dello Stato (FS) now has until June 15 to present a plan for the relaunch of bankrupt airline Alitalia, in the latest deadline extension in a long-running rescue process.
Updated: An Aeroflot SSukhoi SuperJet 100-95 (SSJ) crashed on landing at Moscow’s Sheremetyevo airport May 5, less than 30 minutes after taking off for a scheduled flight to Murmansk. There are reports that at least 41 people were killed.
Boeing discovered in 2017 that its 737 MAXs were being delivered without a flight-deck angle of attack (AOA) error warning activated as intended, but determined the issue was not a safety risk and did not need immediate correction, the company said May 5.
After warning on April 25 that its results would miss their targets this year because of challenges in its rail unit, Bombardier revealed revenue for the first quarter down 13% to $3.5 billion. Full-year revenue is now projected at $17 billion, a reduction of $1 billion.
Lufthansa Systems has introduced a weather display feature to its Lido/eRouteManual electronic charts that allows pilots to display weather information on en route navigation maps.
Fiji Airways has selected the Airbus A350 to boost its widebody fleet after reaching an agreement to lease two of the type to operate alongside its A330s.
Air France-KLM reported a first-quarter net loss of €320 million ($358 million), widened from a €269 loss in the 2018 quarter, and the group’s CEO said investors will receive a strategy update later this year.
The US was recently awarded an allocation of 12 new daily services to Tokyo’s Haneda airport. This breakthrough market access agreement will add additional service in time for the 2020 Summer Olympics.
Jakarta’s Soekarno-Hatta International Airport opened its first dedicated LCC terminal May 1 as it prepares to handle a growing demand for low-cost travel in Southeast Asia.
Scandinavian Airlines (SAS) has reached agreements with its pilot unions, ending a six-day strike that disrupted operations in Denmark, Norway and Sweden.
Star Alliance members Air Canada and Austrian Airlines are expanding their transatlantic joint venture (JV) as they launch new services between Vienna and Canada.
The deadline for presenting a new industrial plan for Alitalia will be extended until late May, a senior airline executive said this week, explaining there was “still one investor missing” from the consortium looking to rescue the Italian flagship carrier.
Aerostructures provider Spirit AeroSystems has suspended its financial guidance for 2019 and shelved stock buybacks, executives announced May 1, as the Wichita manufacturer tries to get a handle on costs and challenges from the Boeing 737 MAX production slowdown and groundings.
SkyWest Airlines could see converting some of its 100 Bombardier CRJ700s into 50-seat CRJ550s to support United Airlines’ push into premium-class service on small, high-yield regional routes, SkyWest CEO Chip Childs said.
Atlas Air Worldwide Holdings (AAW) posted a 2019 first-quarter adjusted net income of $27.3 million, a 15% increase year-over-year. Volumes increased 16% to 77,061 block hours, while revenue grew 15% to $679.7 million.
Three US senators want to know what steps FAA is taking to finalize standards for minimum seat dimensions on commercial carriers, as required by the FAA Reauthorization Act of 2018.
China Eastern Airlines posted a 2019 first-quarter net income of CNY2 billion ($298 million), a 1.2% increase from CNY1.9 billion in the year-ago quarter.
Bombardier has announced plans to divest its aerostructures businesses in Belfast, Northern Ireland, and Morocco and to form an integrated Bombardier Aviation unit with manufacturing operations in Canada, Mexico and the US.
