AirlinesAir France-KLM Posts First-Quarter ReboundAir France-KLM posted a stronger-than-expected recovery in the first quarter due in part to low oil prices, but warned of geopolitical risks and airline overcapacity. The airline group reported earnings before interest, tax, depreciation and amortisation (EBITDA) of EUR€266 million, compared with a loss of EUR€26 million in the first quarter of last year.
LinkAlaska reports higher traffic for AprilAlaska Air Group reported an 11.1% increase in passenger traffic for April on a year-over-year basis. Alaska also boosted capacity by 10.4% for the month.
LinkEtihad: 31 passengers injured in severe turbulence near JakartaAn Etihad Airways Airbus A330-200, operating as flight EY474 from Abu Dhabi to Jakarta on May 4, encountered severe and unexpected turbulence about 45 minutes prior to arrival at Soekarno Hatta International Airport, injuring 31 passengers, the airline said in a statement. The flight landed safely and passengers were met by medical assistance teams as they disembarked the aircraft.
LinkFastjet reduces fleetAfrican low-cost carrier fastjet will cut its fleet from six to five aircraft, with the early return of one of its Airbus A319s, as it works to match its fleet to market conditions. “Further to the trading and operational update in March 2016, and as part of the company’s ongoing review of its routes and fleet in order to match current demand with capacity, fastjet has agreed the early termination of the lease on one of its A319 aircraft. The aircraft, which was scheduled to come to the end of its lease term in October 2016, will come out of service immediately,” fastjet said in a stock exchange disclosure dated April 29.
LinkJetBlue inks deal with Ukrainian airlineJetBlue Airways has signed an agreement with Ukraine International Airlines. The agreement allows travelers to buy one ticket for travel from a JetBlue gateway to the Ukraine, and vice versa.
LinkNok Air director resigns following cancellations, pilot strikeThai-based low-cost carrier Nok Air has announced the resignation of the chairman of its audit committee Pimol Srivikorn, effective immediately. Srivikorn was also a director at the Don Mueang International Airport in Bangkok. The resignation comes after the carrier reported a nearly 50% increase in losses for FY 2015, to THB723.9 million ($20.08 million).
LinkRyanair Says Brussels Attacks Dampening DemandThe attacks on Brussels in March continue to dampen demand for flying in Europe, though traffic was strong during the Easter holidays, Ryanair chief executive Michael O'Leary said. O'Leary last month predicted Ryanair's profits would fall by EUR€10 million - EUR€20 million in January-March as a result of the Brussels attacks and air traffic control strikes, and forecast airlines would have to cut fares.
Link Southwest Airlines to expand service to Mexico, CEO saysGary Kelly, CEO of Southwest Airlines, said the carrier plans to add flights to Mexico following a recently revised open skies agreement between the US and Mexico. "We have plans in the works for additional service to and from Mexico, so we'll look forward to making those announcements just as soon as this agreement becomes fully effective," Kelly said.
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