AirlinesAir Baltic expects 2016 profit of near-double-digit euro millionsAir Baltic chief executive Martin Gauss has predicted that the Latvian carrier will achieve an almost "double digit" euro-million profit for the full year. Speaking to FlightGlobal at the Airlines for Europe (A4) summit in Brussels on 8 February, Gauss cited reduced costs of financing, lower-than-expected operational costs associated with the introduction of the Bombardier CS300, and passenger growth as reasons that the airline foresaw posting a third consecutive year of profit.
LinkAir France readies offer after talks on new long-haul armAir France has emerged from a phase of pilot union talks on a planned new medium- to long-haul unit, and is next seeking flightcrew backing for a proposed agreement drawn up by management. At a press briefing in Paris on 9 February, Air France-KLM Group chief executive Jean-Marc Janaillac said: "Discussion has been ongoing with the pilot union for weeks now."
LinkAlaska Air's capacity, RPMs grew in JanuaryAlaska Air Group has reported a 6.9% increase in revenue passenger miles for January. Capacity was up by 7.6% for the period compared with the previous year.
LinkArik Air To Fight Government TakeoverNigerian carrier Arik Air’s management said they will challenge in court the takeover of the airline by the country’s state asset management body. The Assets Management Company of Nigeria (AMCON) has taken control of the airline and installed a receiver “to instill sanity in the nation’s aviation sector.”
LinkBritish Airways Union Announces More Strike DaysBritish Airways cabin crew working under ‘mixed fleet’ terms will strike again this month in support of a claim for a wage increase. The four day strike will start at 00:01 on February 17 and end at 23:59 on February 20. The industrial action follows two three-day strikes, the second of which ends February 11th.
LinkEmirates, Delta Spar Over Spare PartAn Emirates flight from Seattle to Dubai was delayed for over six hours after it was unable to use a spare part made available by Delta Air Lines. Emirates located a replacement hydraulic part, which costs only about $300, at Delta’s SeaTac maintenance base. The part was fitted to the Boeing 777 and the aircraft cleared for use, but Emirates claims a senior manager from Delta’s Atlanta base ordered the part to be removed and returned.
LinkWet-leased airberlin A320s begin service for EurowingsThree airberlin Airbus A320s operating in Eurowings colors launched Feb. 10 from Hamburg to Manchester, Stuttgart and Nuremberg. The flights are part of a six-year wet-lease agreement between airberlin and the Lufthansa Group, which was approved unconditionally at the end of January by federal antitrust authorities. Under the wet-lease agreement, airberlin will lease 38 Airbus A319/A320 aircraft—which are stationed at German and Austrian airports—to Lufthansa and its subsidiaries Eurowings and Austrian Airlines. Eurowings will take 33 of the aircraft and Austrian will take the remaining five. The deal also includes a codeshare between Lufthansa and airberlin equity parent Etihad Airways.
LinkJazeera 2016 profit falls in ‘challenging’ marketKuwaiti hybrid carrier Jazeera Airways reported that its net profit for 2016 dropped by almost 30%, to KD10.8 million ($35.4 million), compared to KD15.4 million for 2015. The profit was achieved on revenues of KD52.8 million, down 10% on 2015’s figure of KD56.8 million. The final quarter of the financial year saw Jazeera return a rare loss, recording a deficit of KD1.2 million compared to a profit of just over KD900,000 last time.
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Jetstar Pacific, ACG sign A320s sale and leaseback arrangement Ho Chi Minh City-based low-cost carrier (LCC) Jetstar Pacific Airlines will sell and leaseback 10 new Airbus A320-200s to US-based lessor Aviation Capital Group (ACG).
Jetstar Pacific, a 70/30 joint venture between Vietnam Airlines and the Qantas Group, ordered the 10 A320s in September 2016, valued at $980 million at list prices.
LinkSouthwest gives $586M to employees in profit-sharingSouthwest Airlines continues to invest in its employees, announcing $586 million in profit-sharing payments, the 43rd year in a row the airline is making the payout. "Our people-first approach, which has guided our company since it was founded, means when our company does well, our people do really, really well," said CEO Gary Kelly.
LinkUnited to offer 6 daily flights connecting London's Heathrow, Newark LibertyUnited Airlines will increase the frequency of its flights from London/Heathrow to its New York hub, Newark Liberty International Airport, this summer to six-times daily. The airline will operate an additional sixth daily Heathrow-New York/Newark nonstop service during the period April 5 to October 28, 2017 (both dates westbound), offering more flights per day to Newark Liberty International Airport than any other carrier operating from London Heathrow.
LinkUnited CEO brings culture of listening to airlineUnited Airlines CEO Oscar Munoz has created UnitedAirtime.com as a place for employees and customers to provide feedback, bringing the airline a culture of listening. While Munoz has "prepared himself to ride the airline's upswing with a fresh-faced leadership team, which includes recently appointed president Scott Kirby, Munoz continues to find ways to stay grounded and contribute to the causes he champions, such as diversity and education," writes Katie Sehl.
LinkUnited praises new terminal at Bush IntercontinentalUnited Airlines is touting the new Terminal C North at Houston's George Bush Intercontinental Airport as a prime example of the type of new infrastructure that is much-needed in the air travel system.
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