22 January 2015

Job cuts continue at Air France as another 800 positions are earmarked

It was back in 2012 that Air France-KLM agreed the implementation of Transform 2015 in a bid to return the airline to profitability. At that time 5,100 job cuts were expected to be the solution after fiveyears of running at a loss. The French Government owns a 15.9% stake in the airline and the socialist […]

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Boeing, Thai Airways International celebrate 75th direct airplane delivery

Boeing and Thai Airways International (THAI) celebrated the Thai flag-carrier’s 75th direct delivery of a Boeing airplane. Marking the milestone delivery, Boeing and THAI collaborated to transport 1,000 wool blankets onboard THAI’s newly delivered 777-300ER (Extended Range). The blankets, donated by Another Joy Foundation, will be distributed by the airline to people in need in

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Southwest Airlines reports fourth quarter and record annual profit

Southwest Airlines’ fourth quarter 2014 total operating revenues increased 4.5% to US$4.6bn, while operating unit revenues increased 2.0%, on a 2.4% increase in available seat miles, all as compared with fourth quarter 2013. The growth in operating revenues was largely driven by strong fourth quarter 2014 passenger revenues. Operating income in fourth quarter 2014 was

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American Airlines receives approval to begin service between Dallas/Fort Worth and Beijing on May 7th

American Airlines will begin operating its new daily service between Dallas/Fort Worth International Airport (DFW) and Beijing Capital International Airport (PEK) on May 7th, marking the airline’s sixth daily flight to Asia from DFW and the only nonstop flight connecting DFW and Beijing. With the addition of this service, American will offer 11 routes between

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StandardAero signs five year contract to provide PW126 engine MRO Services for West Atlantic Cargo Airlines fleet

StandardAero signed an exclusive five year contract, with a five year renewal option on January 1st, 2015, to maintain, repair and overhaul West Altantic Cargo Airline’s PW126 engines, modules, components and parts. The agreement will cover West Atlantic’s owned fleet of 41 BAE ATP aircraft powered by PW126 engines serving the cargo mail and express

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Avtrade appoints new Regional Sales Directors – Europe, North Africa and the Americas

Following the recent strategic Sales department restructure, Avtrade announced the appointment of two new Regional Sales Directors; James Cristal and Sudi Patel. As part of their new roles, James and Sudi will be jointly responsible for heading up the company’s sales operations in Europe. In addition, Sudi has responsibility for North Africa whilst James Cristal

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Alaska Air Group reports record adjusted fourth quarter 2014

Alaska Air Group reported fourth quarter 2014 GAAP net income of US$148m compared to GAAP net income of US$78m in 2013. Excluding mark-to-market fuel hedge gains of US$6m (US$4m after tax) a benefit related to the curtailment of certain postretirement benefit plans and a one-time gain associated with the settlement of a legal matter for

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United reports full-year 2014 profit of US$1.97bn

United Airlines (UAL) reported full-year 2014 net income of US$1.97bn, an increase of 89%  year-over-year, or $5.06 per diluted share, excluding US$834 million of special items. Including special items, UAL reported full-year net income of US$1.13bn, or $2.93 per diluted share. UAL reported fourth-quarter 2014 net income of US$461m, an increase of 86% year-over-year, or

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