NEWSIAG reports €555 million net profit for 2011

International Airlines Group (IAG) has reported a solid set of results in its first year as a combined entity of British Airways (BA) and Iberia (IB), with a net profit of €555 million ($745.5 million) and an operating profit of €407 million.
LinkUnited to move to single booking system this weekend
The public face of Continental Airlines will vanish for good this weekend when the carrier and United Airlines adopt a single passenger reservation system, a step that -- at least in the public eye -- will finally cement their 2010 merger.
The move to a unified platform is by far the most significant change customers will experience since the merger of United and Continental to form the world's largest airline, known as United Airlines and owned by United Continental Holdings.
LinkNextGen procedures underway at CLT & ATLThe US Federal Aviation Administration (FAA), Delta Air Lines, US Airways and other stakeholders have officially kicked off an airspace and flight procedures modernisation project for the high density Atlanta and Charlotte area metroplexes, regions where several airports service one main metropolitan area.
Part of the FAA's optimisation of airspace and procedures in the metroplex (OAPM) programme, Atlanta and Charlotte will follow the Washington DC metro area and Dallas/Fort Worth in becoming the beneficiaries of the government and industry effort to increase capacity while cutting flight time, delays, fuel burn and noise. Metroplex initiatives are underway or planned for 21 metropolitan areas, said the FAA.
LinkMAS writes down value of A330Fs, blames P2F program
Malaysia Airlines (MAS) has been forced to write down the value of its Airbus A330-200 freighters, blaming the airframer's recent decision to launch a passenger-to-freighter conversion programme for the type.
The carrier's MASkargo division will take delivery of the last of four new-build freighters this year, dating from a 2010 order. It also operates a pair of Boeing 747-400 Freighters.
LinkIAG determined to press ahead with Iberia Express
International Airlines Group (IAG) has "no other option" for turning around Iberia's struggling short- and medium-haul business than to press ahead with the launch of low-cost subsidiary Iberia Express, despite fierce opposition from pilots, according to chief executive Willie Walsh.
LinkEuroLOT to acquire eight Q400NGs
LOT Polish Airlines subsidiary EuroLOT announced it will purchase eight Bombardier Q400NG aircraft this year. It will take delivery of three aircraft in April, one in May, three in July and the last one in August, CEO Mariusz Dabrowski announced Wednesday.
Polish Press Agency PAP reported the carrier also has the option to purchase another 12 aircraft of this type.
LinkFAA proposes 1,500 hour requirement for pilotsFAA proposed requiring US airline pilots to hold an Airline Transport Pilot (ATP) certificate, meaning first officers will need 1,500 flight hr. before ascending to a Part 121 cockpit. First officers currently need an instrument rating and commercial pilot certificate requiring just 250 hr.
LinkKLM begins widebody fleet renewal with A330-300 delivery
KLM expects deliveries of its Boeing 787-9s to begin on schedule in October 2015, but is in no rush to make an engine selection.
The Dutch carrier has 23 787s on order plus options for 25 more aircraft through parent company Air France KLM Group. The aircraft will make up a significant portion of KLM’s fleet renewal plan, which will focus on replacing its aging Fokker F-100s with Embraer E-190s and replacing much of its widebody fleet with a mix of Airbus A330s and A350s, as well as Boeing 777s and 787s.
LinkAmerican pilots ask court to order negotiations
The Allied Pilots Assn. (APA) representing 10,000 American Airlines (AA) pilots has asked a US bankruptcy court to require airline management to continue negotiations toward a new labor agreement.
The union expects AA to utilize the Chapter 11 process to reject existing work rules and impose new conditions. AA has said it needs to cut about 13,000 jobs through bankruptcy reorganization.
LinkAeromexico posts record operating profit in 2011
Grupo Aeromexico (AM) announced its consolidated 2011 results showing a record operating profit of MXN3.4 billion ($265 million), up 27% compared to 2010, and the highest full-year numbers in the carrier’s history.
LinkAirbus: First neo; now ceo?Airbus has begun labeling its current generation A320s the ceo—short for current engine option—as it markets the new, re-engined A320neo while still selling the original variant.
Speaking at a briefing in Toulouse Wednesday, Airbus EVP, Europe, Asia & Pacific Chris Buckley revealed that the term ceo was gaining traction within the company. Neo stands for new engine option.
LinkAirbus mulls upping A330-300 MTOW
Airbus is considering increasing the maximum takeoff weight (MTOW) of the A330-300 from 235 tonnes to 240 tonnes.
A decision could be made in about six months, Airbus EVP Europe, Asia & Pacific Chris Buckley said in a briefing in Toulouse Wednesday. Although a small increase, Buckley said there was market demand and Airbus was working “intensively” on the idea. “It would give the aircraft Amsterdam to US West Coast capability,” he said.
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