AirlinesAmerican reports higher traffic, load factor for Jan.American Airlines reported a 1.6% increase in passenger traffic for January on a year-over-year basis. The carrier's load factor also rose 1.5% for the month as compared to January of last year.
LinkFinnair swings to $100.7 million net profit in 2015Finland flag carrier Finnair has reported a full-year net income of €89.7 million ($100.7 million) for 2015, reversed from a €82.5 million loss in the year-ago period. “We are heading in the right direction, and we will now look to accelerate our profitable growth,” Finnair CEO Pekka Vauramo said.
LinkFlydubai’s net income falls 60% in 2015Dubai-based low-cost carrier (LCC) flydubai posted AED100.7 million ($27.4 million) net income for 2015, down 59.7% from its AED250 million net result in 2014. The LCC’s full-year revenue for 2015 was AED4.9 billion, up 11.4% year-over-year (YOY). The carrier did not release specific figures, but described its overall yield as “under pressure attributable to the strong dollar,” along with other factors including “[a] challenging trading environment … disruption from the suspension of flights on some established routes, and a large number of recently launched routes with a lead time required to reach maturity.”
LinkGol Suspends Venezuela Service On Currency DisputeBrazilian airline Gol has suspended operations to Venezuela's capital Caracas until it can settle a dispute over the transfer of money out of the country. The money is being held in Venezuela under the country's strict currency controls, a system that has led other airlines to take write-downs on Venezuelan operations or suspend ticket sales and service to the country.
LinkHawaiian Airlines appoints new treasurerHawaiian Airlines named Jay Schaefer as vice president and treasurer. Schaefer, who has worked for Alaska for more than a decade, also previously served in finance for Amazon. "Jay’s leadership of complex financial operations, along with his extensive airline experience, will allow us to continue managing our resources effectively and stay competitive in a new year of growth," said Shannon Okinaka, CFO and executive vice president for Hawaiian.
LinkIndiGo boosts local, international servicesIndian low-cost carrier (LCC) IndiGo is adding 10 new services to its network in February, boosting its daily roster to 700 flights. The new destinations include several new nonstop schedules.
LinkRyanair to open two more German bases Irish low-cost carrier Ryanair announced it will open two new German bases at Nuremberg and Hamburg, beginning Nov. 1. At Nuremberg, Ryanair will base one Boeing 737-800 and add five new routes to Budapest (daily), Malta (2X-weekly), Manchester (daily), Milan Bergamo (daily) and Rome Ciampino (daily), as well as more frequencies to London.
LinkTurkish Airlines takes delivery of 300th aircraftTurkish Airlines took delivery of its 300th aircraft, an Airbus A330-300, at Istanbul Atatürk International Airport on Feb. 5. The latest A330 is the first aircraft to be equipped with galleys from local producers—TCI Turkish Cabin Interior and Turkish Seat Industries (TSI).
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