More Dreamliners ordered by Air Europa
Spanish carrier Air Europa has raised an order for Boeing 787 Dreamliners to 27 aircraft by 2022. An original order for 22 of the long-haul twinjets worth $3.5 billion was placed in 2015. Five additional aircraft have now been added as part of a fleet revamp by the Latin America specialist airline. Eight 787-8 aircraft […]
Brazilian airline Azul’s Q3 profit drops on oil prices, currency
Brazilian airline Azul SA posted on Thursady a 42 percent drop in third-quarter profit to 117 million reais ($31.32 million), due to higher fuel prices and a depreciating local currency. The results missed a Refinitiv IBES estimate that put Azul’s quarterly profit at $37 million. Azul’s revenue grew by 21 percent in the period. However, […]
Aeroméxico to Begin Operating Seasonal Flight from Medellín to Cancún on November 17
Leading Mexican airline Aeroméxico will begin operating a seasonal flight between Medellín and Cancún later this month, giving Colombians in the region a direct route to one of the region’s top beach-going destinations. The inaugural flight on the new route will take off on November 17 and tickets will continue being sold for weekend-only travel […]
AirAsia Phils. gets certified under IOSA
AirAsia Philippines has been officially registered as an International Air Transport Association (IATA) Operational Safety Audit (IOSA) registered operator, following the completion of the IOSA audit. AirAsia’s brand new Airbus A320 fitted with sharklets gets the traditional water canon salute upon arrival at Laguindingan International Airport in Cagayan De Oro City on October 28, 2018 […]
In China, female pilots strain to hold up half the sky
When Han Siyuan first decided to apply for a job as a pilot cadet in 2008, she was up against 400 female classmates in China on tests measuring everything from their command of English to the length of their legs. Eventually, she became the only woman from her university that Shanghai-based Spring Airlines picked for […]
Brazil’s GOL posts 3Q net loss on higher fuel costs, currency weakness
Brazilian LCC GOL Airlines, battered by higher fuel expenses and currency fluctuations, posted a steep third-quarter loss of BRL409 million ($110 million), reversed from a net income of BRL329.9 million in the year-ago quarter. The São Paulo-based carrier saw revenues climb 8.3% to BRL2.9 billion, while expenses jumped 15.6% to BRL2.7 billion. The company’s operating […]
Air Canada posts 3Q net income decline, revenue record
Air Canada reported an adjusted net income of C$516 million ($393 million) for the third quarter (3Q), down 39% from a restated adjusted net income of C$922 for the year-ago quarter. The Canadian flag carrier’s 3Q unadjusted net income was C$645 million, compared to $1.7 billion a year ago, when the airline received a net […]
INTERVIEW: ALTA president Hernan Rincon on key challenges
Macroeconomic conditions in Latin America of late have been challenging, but ALTA executive committee president Hernan Rincon believes that the region still holds significant promise. «Airlines continue working to overcome this turbulence, and we do it convinced that the future of the industry has a huge growth potential in Latin America,» Rincon, who is chief […]
Norwegian 3Q net profit up 18%; slows down growth
Long-haul LCC Norwegian Air Shuttle warned that high oil prices and a strong dollar would affect the entire aviation industry as it reported a third-quarter net profit of NOK1.3 billion ($156 million), up 18% compared to NOK1.1 billion in the year-ago quarter. Revenue for the quarter rose 33% to NOK13.4 billion as the budget airline […]
A4A Urges Continued Construction of Mexico City’s International Airport
Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today wrote to President-Elect Andrés Manuel López Obrador voicing support for the continued construction of the New Mexico International Airport (NAIM). In the letter, A4A President and CEO Nicholas E. Calio explained why the new airport is necessary to meet the needs […]
