The International Air Transport Association (IATA) announced global passenger traffic results for June showing a 5.7% increase in demand compared to June 2014. This was a slowdown compared to the 6.9% year-over-year growth recorded in May, in part owing to the timing of Ramadan, which depressed travel demand in the Middle East. June capacity climbed […]
IATA says passenger demand remains strong Read More »
International Airlines Group (IAG) has signed a firm order for 31 Airbus aircraft, which includes 11 wide-body aircraft (eight A350-900s, three A330-200s) and 20 A320neos. The A350s and A330s are slated for Iberia’s fleet modernisation and to open new long-haul routes, and the A320neos will be allocated to the group’s airlines for fleet replacement. With
IAG orders 31 widebody & single aisle aircraft Read More »
Creditors have chosen ANA, Japan’s largest airline, to sponsor financially troubled Skymark Airlines’ rehabilitation. Skymark is Japan’s third-largest airline. Delta had offered to back an alternative plan, an indication of its commitment to serving the region. Masaru Morimoto, Delta’s managing director of Japan, thanked Skymark’s creditors and business partners for their support of the Creditors’
Japanese airline to sponsor Skymark revival plan Read More »
For the month of July, Air Canada reported a system-wide capacity increase of 9.7% and a record system load factor of 87.3%, versus 86.7% in July 2014. On this additional capacity, system wide traffic for July increased 10.5%.
Air Canada posts July traffic results Read More »
WestJet announced July 2015 traffic results with a load factor of 82.8%. Traffic increased 5.0% year over year, and capacity grew 5.6% over the same period.
WestJet reports July load factor of 82.8% Read More »
Republic Airways Holdings released that Executive Vice President and Chief Financial Officer Timothy P. Dooley will leave the Company on September 1st to pursue other interests. Mr. Dooley joined the Company in 1998 as Manager of Financial Planning and Analysis and was promoted to increasing levels of responsibility before being appointed as CFO in April
Boeing released that EL AL Israel Airlines has announced its intent to purchase and lease up to 15 787 Dreamliners, with purchase rights for 13 additional airplanes. When finalized, the order will be posted to the Boeing Orders & Deliveries website.
EL AL Israel Airlines intents to purchase 787 Dreamliners Read More »
Aberdeen-based bmi regional and Glasgow-based Loganair, two regional UK carriers, are to merge and form a new holding company, Airline Investments Limited (AIL). AIL now becomes a regional airline group having 46 aircraft which carry approximately 1.5 million passengers on an annual basis. The two airlines currently turn over around £200 million (US$310m). The combination
Economies of scale see bmi regional and Loganair merge to create new airline group Read More »
WOW air, the Icelandic low-cost airline has extended its power-by-the-hour contract with AJW Aviation to include two additional A321s. AJW, a leading independent integrated aircraft support specialist, originally signed a five year power-by-the-hour contract with the European airline in 2014 to provide on-going support for one of the airline’s A320 aircraft.
WOW air adds two A321s to power-by-the-hour contract with AJW Aviation Read More »
328 appointed Andreas Bulić as its new chief financial officer reporting to CEO, Dave Jackson. Andreas will be responsible for 328 group financing and information technology activities. Andreas brings more than 20 years of accounting, finance and IT experience to the Oberphaffenhofen, near Munich based aviation services company. Prior to joining 328 he worked for
328 strengthens team with appointment of new CFO Read More »
