AirlinesAirBaltic expresses confidence as profits slipLatvia’s national carrier airBaltic saw its net profit for 2016 drop sharply to €1.2 million ($1.3 million) in 2016 from €19.5 million in 2015 as the carrier encountered falling yields. The drop in profits came despite the company maintaining its revenue at €286 million compared to 2015’s figure of €285 million and increased passengers carried to 2.9 million, up 300,000 on the previous year.
LinkAegean Airlines Group 2016 revenues surpasses $1 billionAegean Airlines Group hit €1 billion in full-year revenue for the first time in 2016, up 6% over $983 million in revenue for 2015. However, “weak demand in the second quarter of the year combined with domestic tax increases in value-added tax on airline fares by 11% had a negative impact on full-year results, despite strong performance in the third and seasonably most important quarter of the year,” Aegean MD Dimitris Gerogiannis said.
LinkAlaska to fly Virgin America's A320s through 2024Alaska Airlines will operate Virgin America’s Airbus A320 family fleet through at least 2024, as it targets a decision on its long-term fleet mix by the end of this year. Most of the leases on the 63 A319s and A320s in the Virgin America fleet expire by 2024, says Alaska chief financial officer Brandon Pedersen during an investor day presentation today. If these are allowed to expire, the airline will operate just 13 of these aircraft, 10 of which are owned, at the end of the period.
LinkAlaska Airlines adds flights from Portland, Ore., for Final FourIf you have a ticket to the Final Four but haven’t booked a flight yet, here’s an option. Alaska Airlines added extra flights Tuesday to accommodate basketball fans.
LinkCityJet to take four more CRJ900sDublin-based regional CityJet has converted four options for Bombardier CRJ900s into firm orders. The deal is part of an order for six CRJ900s announced Feb. 1. The transaction is valued at approximately $467 million at list prices, now that all options have been exercised.
LinkDelta and Korean Air move forward on transpacific JV plansDelta Air Lines and Korean Air will have signed a memorandum of agreement that will establish a transpacific joint venture between the two SkyTeam carriers. In a joint statement, the two airlines say that they intend to create a “fully integrated trans-Pacific joint venture arrangement, with both airlines sharing the costs and revenues on flights and coordinating schedules for seamless, convenient connections.”
LinkEtihad to make iPads available on US-bound flightsAbu Dhabi-based Etihad Airways will make iPads available for first- and business-class passengers to use on US-bound flights starting April 2. The move is an attempt by Etihad to work around the US government’s prohibition on passengers carrying on electronic devices larger than smartphones on nonstop flights to the US from 10 airports, including Abu Dhabi International.
LinkHawaiian Airlines official airline of paddlesurfing tourHawaiian Airlines is the official airline of the Association of Paddlesurf Professionals World Tour. "With our respective visions clearly aligned, Hawaiian Airlines not only represents an ideal fit for the APP World Tour, but services the majority of our venues," said Tristan Boxford, CEO of the APP World Tour.
LinkFlybe predicts small annual loss as tough conditions continue UK-based regional carrier Flybe anticipates making a small adjusted pre-tax loss for the year ending March 31, as it continues to fight in a highly competitive European market, the company said March 29. Flybe will announce its full-year results June 8; in a pre-close trading statement the carrier confirmed it was slowing its growth rate in the tough commercial environment.
LinkJetBlue, Boston Red Sox partnership to remain through 2030JetBlue and the Boston Red Sox have extended their relationship through 2030, marking the commitment by giving away 43,000 co-branded hats to students at 104 Boston public schools. JetBlue is the largest airline in Boston and the official airline of the Red Sox.
LinkPeruvian 737 crashed into fence before fire: airportThe Peruvian Airlines Boeing 737-300 that had veered off the runway in Jauja had crashed into a perimeter fence before catching on fire, says airport operator Corpac. The aircraft landed at the airport at 16:28 on 28 March after a flight from Lima and veered to the right about 1,760m (5,790ft) from the start of the runway, before its right wing crashed into the perimeter fence, setting off a fire that engulfed the jet.
LinkUnited's Polaris business class coming to Hong Kong-San Francisco flightsUnited Airlines has selected its Hong Kong-San Francisco route for the international debut of Polaris business class. United has purchased 14 new Boeing 777-300ER passenger jets that will all feature Polaris business class cabins.
Link 
