NewsAir Canada Ups Security After Needle Found In Food
Air Canada has increased security precautions after a passenger on a flight bound for Toronto earlier this week discovered a needle in a catered sandwich, the company said on Wednesday.
LinkWestJet Profit Up, Premium Economy Coming
WestJet Airlines will introduce new 'premium economy' seating across its fleet in a bid to generate more revenue, a departure from the Canadian carrier's roots as a low-cost challenger to Air Canada.
LinkSlovenia Offers 75 Pct In Adria Airways
Slovenia is inviting bids for 74.87 percent of flag carrier Adria Airways, kicking off a drive to sell state assets promised by Janez Jansa's conservative government, which is struggling to narrow the budget gap.
LinkEmbraer Sees Price Pressure On E-Jets
Embraer is facing rising pressure to lower the price of its regional E-Jets to land new orders, its chief executive said, as a weaker global economy and stiffer competition drag on sales.
LinkUS Airlines Likely To See Slowing DemandDahlman Rose downgraded the US airline industry to 'cautious' from 'optimistic,' saying a slowdown in business and leisure travel would make it difficult for the airlines to raise fares in case of a jet fuel spike.
LinkBoeing completes major join of first Indian C-17
Boeing has joined the forward, centre, aft fuselage and wing assembly of India's first C-17 strategic transport aircraft. The joining took place before an audience of officials from the Indian government and air force, Boeing said in a statement.
LinkVueling on track for autumn narrowbody order
Low-cost carrier Vueling has reiterated that it will make a long-anticipated narrowbody order announcement by the end of the summer. Chief executive officer Alex Cruz, speaking to analysts during a second quarter results call on 1 August, said: "Our project continues. We are in phase three of our evaluation."
LinkVueling doubles Q2 net profit to €7.7 million
Spanish low-cost carrier (LCC) Vueling (VY) posted a second-quarter net profit of €7.7 million ($9.5 million), more than double the €3.6 million it earned in the same quarter last year. Revenue rose 29.2% to €297 million year-over-year, while the number of passengers flown increased 18.5% to 3.88 million. Load factor was 75.5%, up 2.3%.
LinkAir Malta unveils new livery Air Malta has unveiled its new livery after detailing its new corporate vision and brand strategy today. "With our new brand strategy and identity, we are ideally positioned to become the ambassador and guide of choice to the very best Malta can offer," says Air Malta chief executive Peter Davies.
LinkUS Navy details recent MQ-8B crashes The US Navy has detailed causes of two crashes of the Northrop Grumman MQ-8B Fire Scout that led to an 'operational pause' in flights of the aircraft. Both crashes occurred independently of one another and involved different systems of the rotary-wing, vertical takeoff unmanned air vehicle (VTUAV). The aircraft were subsequently restricted from flight, a ban that was quickly lifted.
LinkSpiceJet back in black with 1Q $10.2 million profitAfter five consecutive quarters of losses, India’s second largest low-cost carrier SpiceJet (SG) posted a profit of INR561.2 million ($10.2 million) for the first quarter ended June 30, compared to a loss of INR719.6 million in the year-ago period. Revenue surged 51% to INR14 billion in the period. India’s financial year runs from April 1 to March 31.
LinkRepublic Airways Holdings reports $20 million 2Q profit
Republic Airways Holdings Inc. (RAH) reported second-quarter net income of $20 million compared to a $14.9 million loss in the year-ago period for business segments Republic Airlines (RW) and Frontier Airlines (F9). The airline said the results were due to F9’s strong performance. “Frontier produced solid year-over-year unit revenue growth and demonstrates the significant value that is being created in our Frontier segment through the network changes and restructuring efforts we accomplished in 2011,” RAH chairman and CEO Bryan Bedford said.
LinkUnited Continental ends flight plan with Aer Lingus

United Continental will be ending a two-year trial with Aer Lingus for flights between Madrid and Dulles International Airport. A United spokeswoman said Aer Lingus was notified that United would end the trial in October.
LinkJetBlue Airways will add level to frequent-flier program
JetBlue Airways plans to introduce a new tier for frequent fliers who travel the most. The "Mosaic" level will be open to fliers who have earned 12,000 to 15,000 base flight points, depending on the number of flight segments. "The ability to skip the security line, check a second bag for free, earn extra bonus points on every dollar spent, or reach a dedicated customer service line, will save time for business travelers with tight schedules and put money back in everyone's wallets," said Dave Canty, JetBlue's director of loyalty, in a statement.
LinkAnalysis: Alaska Airlines is a viable merger partner for American Airlines
We provide fundamental analysis as well as assessments of corporate actions and dividend and earnings quality reports on over 40,000 globally traded equities. We used our online platform to explore if Alaska Air Group Inc. (ALK) and American Airlines (AAMRQ.PK) could tie the knot. American Airlines, whose parent company AMR Corporation is currently under bankruptcy protection, is weighing options for its future. Tom Horton, CEO of American's parent AMR Corp., stated that he is now evaluating "a range of strategic options, including potential mergers."
LinkAir Canada faces calmer skies after end of contract dispute
After an arbitrator sided with Air Canada in a contract dispute with its pilots, shares of the carrier rose on Tuesday. The arbitration means Air Canada pilots will get a five-year contract that allows Air Canada to form a low-cost carrier. "This is the last union contract to be settled, ending a tumultuous period of labor instability for Air Canada," said Cameron Doerksen, a National Bank Financial analyst.
LinkBoeing is sending 787 engine to GE for further testingBoeing is sending a 787 engine that discharged debris and ignited a grass fire in Charleston, S.C., to GE for further testing. "This is an unusual and significant failure, but it was reportedly contained, which is key to making it less of a safety issue," said Nick Cunningham, an analyst at Agency Partners.
LinkSenate panel votes to exempt U.S. airlines from EU schemeThe Senate Committee on Commerce, Science and Transportation has approved a bill that would exempt U.S. airlines from participating in the European Union's emissions-trading scheme. Airlines for America said the vote "sends a strong message to the administration and the EU that Congress objects to this unilateral taxation scheme that will not benefit the environment."
LinkICAO official is worried about possible trade war over EU ETSA group of 16 countries is meeting in Washington this week to discuss opposition to the European Union's emissions-trading scheme. Raymond Benjamin, secretary general of the International Civil Aviation Organization, says a stalemate over carbon emissions could lead to international friction. "We are also worried because of any kind of trade war between the ones who are opposing the EU ETS system and the ones who are creating it," he said.
LinkHuerta passes first hurdle to become FAA chiefThe Senate Transportation Committee voted Tuesday to support Michael Huerta for a five-year term as Federal Aviation Administration administrator. Huerta is currently serving as acting administrator. However, a spokesman for Sen. Jim DeMint, R-S.C., said DeMint plans to "have a full debate" on Huerta's nomination when it goes to the Senate for a vote, which could stall the process.
LinkTSA expands PreCheck to more airlines at O'HareThe Transportation Security Administration this week expanded its PreCheck program at Chicago's O'Hare International Airport to travelers on Delta Air Lines and US Airways. The program allows travelers who submit to a background check to keep their shoes and belts on as they pass through security checkpoints. Some travelers participating in the program have criticized it, saying they are not always allowed to use designated lines. Karen Pride, a spokeswoman for the Chicago Department of Aviation, described PreCheck as "a great program" and predicted that more passengers will enroll over time "as the word gets out."
LinkMiami airport opens $180M international arrivals areaInternational travelers arriving during Tuesday’s afternoon travel peak foundfamiliar bottle necks at immigration and baggage claim areas. But delays on the first full day of operations at Miami International Airport’s new $180 million international arrivals area were at least shorter than in the past.
Link