AirlinesAlitalia considers substantial stake in Air MaltaItalian flag-carrier Alitalia is considering taking a substantial stake in Air Malta. The Rome-based airline has signed a memorandum of understanding (MOU) with the Maltese carrier and the Mediterranean island’s government allowing it to undertake what is describes as “a comprehensive due diligence” process on Valletta-based Air Malta.
LinkAllegiant posts net profit of $72 million in 1QLas Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported first-quarter net income of $72 million, up 11% from a $64.9 million profit in the year-ago period. First-quarter revenue rose 5.9% to $348.6 million, while expenses rose 2.9 % to $227.5 million, producing an operating profit of $121.1 million, up 12.1% from a $108.1 million operating profit in the 2015 first quarter.
LinkANA doubles full-year net profitJapan's All Nippon Airways Holdings (ANA) has reported a net profit of ¥78.1 billion ($694 million) for the financial year through March 31, doubling its profit of ¥39.2 billion in the previous year. The Haneda-based carrier’s operating revenue rose 4.5% for the 2015/2016 year. For the 12 months through March 2017, ANA is projecting a slight increase in net profit to ¥80 billion.
LinkChina Eastern orders 20 A350-900s, 15 Boeing 787-9sShanghai-based China Eastern Airlines has ordered 20 Airbus A350-900s and 15 Boeing 787-9s to further strengthen its expanding long-haul According to the carrier, the A350 order is valued at $5.96 billion and the 787-9 deal is worth $3.9 billion at list prices.
LinkDelta Order Boosts Bombardier's CSeriesBombardier has won an order for 75 CSeries passenger jets from Delta Air Lines, worth USD$5.6 billion at list price. The order marks a turning point for Bombardier as it strives to break into the fleets of major airlines globally and serve a niche market for 100-seat aircraft that larger rivals Boeing and Airbus have neglected.
LinkIvory Coast carrier orders two Airbus A320ceos, two A320neosIvory Coast national carrier, Air Côte D’Ivoire, has ordered two Airbus A320ceo and two A320neo aircraft. The African airline’s purchase marks the first order from the continent for the A320neo family. It is also the carrier’s first direct purchase from Airbus, although it already has a single A320 plus four A319s—all leased—in its fleet.
LinkJapan Airlines forecasts further profit growthJapan Airlines (JAL) has raised its annual net profit to ¥174.4 billion ($1.6 billion) for the year through March 31, compared to a profit of ¥149 billion in the prior year. The Japan flag carrier’s profit gain was 17.1% in the 2015/2016 financial year, with operating revenue dropping 0.6%. Another strong result is projected for the year through March 2017 with a forecast net profit of ¥192 billion.
LinkLATAM unveils a new, single liveryLATAM Airlines Group has unveiled a new unified livery. The rebranding is the culmination of the 2012 merger of Santiago, Chile-based LAN and Brazil’s TAM Airlines under LATAM. While LATAM was the parent company of the carriers post-merger, LAN and TAM have continued to operate under their own brands. Both LAN and TAM airlines will carry the identical brand under the group.
LinkQantas Talking To Boeing On 777XQantas said it will keep its Airbus A380s in service beyond 2020 as it conducts talks with Boeing on its next-generation 777X jets. "The A380s do a great job on the markets that they operate," said Gareth Evans, head of the company's international business. Qantas currently operates a fleet of 12 A380s.
LinkQatar Airways Urges Airbus To Resolve A350 'Issues'Qatar Airways increased pressure on Airbus over reliability, saying it had some "issues" with the A350. "We have some issues with the A350, which was expected… However, we feel that Airbus is losing steam in resolving these problems with the A350," chief executive Akbar Al Baker told a travel conference in Dubai.
LinkSAS expects first A320neo in SeptemberSAS Group is expecting to receive its first Airbus A320neo in September, the initial aircraft in a batch of 30. The company confirmed its target as a test airframe conducted its first operation to Scandinavia, landing at Stockholm Arlanda on 26 April.
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