Reading Time: < 1 minute JetBlue Airways has reported its results for the third quarter 2017. The airline reported operating income of US$310m, a decrease of 12.4% from the third quarter of 2016. Pre-tax income was US$293m, a decrease of 11.2% from the third quarter of 2016. Third quarter net income was US$179m million, this compares to JetBlue’s third quarter […]

Reading Time: 2 minutes Further airline industry consolidation is unlikely in the US in the near future, but carriers may seek to grow through joint ventures or investments in foreign airlines, according to PricewaterhouseCoopers (PWC). “I see no signals that further consolidation is imminent,” Jonathan Kletzel, PWC principal for travel and transportation, said at the IATA AGM in Cancun. […]

Reading Time: < 1 minute US airlines have emerged from years of losses and bankruptcy to being among the most profitable in the world, but rising costs could derail them from this trajectory unless further transformation happens, consultants say. “Over the last 15 years, airlines have flipped their role, going from consistently loss making to consistently profitable,” Seabury Consulting managing […]

Reading Time: < 1 minute WOW Air, the low-fare airline based in Iceland, has taken delivery of its first A320neo (TF-MAX • MSN 7560) on a lease from Air Lease Corporation. WOW Air is an all-Airbus operator with a dozen aircraft in its fleet to date. The order, announced last year includes five A320 Family Aircraft. Of these, three A321neo […]

Reading Time: 2 minutes Grupo Aeroméxico, S.A.B. de C.V. and Delta Air Lines begin their joint cooperation agreement (JCA) to operate transborder flights between the United States and Mexico. Delta and Aeromexico have confirmed with the U.S. Department of Transportation (DOT) and Mexico’s Federal Economic Competition Commission (COFECE) that they have completed the steps required to launch the JCA. […]

Reading Time: < 1 minute The Airbus U.S. Manufacturing Facility in Mobile, Alabama, has received the major component assemblies for the first A320 that will be produced in the U.S. The 27 aircraft delivered from the facility thus far have been A321s. This marks another important milestone for the manufacturing facility, which began production in July 2015 and is equipped […]

Reading Time: < 1 minute A senior Russian lawmaker disproved media allegations of Moscow spying on US citizens via the Glonass satellite navigation station. Media claims of Russian surveillance of US citizens from Nicaragua with the use of the Glonass satellite navigation station is absurd, senior Russian lawmaker Vladimir Shamanov told Sputnik on Monday. “All of this is absurd and […]

Reading Time: < 1 minute Embraer announced the establishment of the Embraer Foundation, in Fort Lauderdale, Florida, at the Company’s U.S. headquarters. The new foundation is a sister organization to the Brazil-based Embraer Institute (Instituto Embraer), which has led the social investment initiatives of the Company since 2001. “The Embraer Foundation will consolidate our ongoing investments in social and environmental […]

Reading Time: 2 minutes Regional airlines continue to blame a shortage of pilots for cutbacks in service to smaller airports, while the Air Line Pilots Association (ALPA) says those routes aren’t being flown because they’re uneconomical. SkyWest President and CEO Chip Childs told the House Transportation Aviation Subcommittee that he estimates a shortfall of 15,000 pilots by 2026, and […]

Reading Time: < 1 minute DHL Express reported that it will recruit approximately 900 new positions as the company completes the latest US$108m expansion of its Americas Hub at the Cincinnati/Northern Kentucky Airport. The expansion to a new day sort operation and projected growth in shipments is expected to increase the hub’s workforce to more than 3,300 from the current […]