China Southern Airlines (CZ) expects its first-quarter net profit to drop by more than half compared to the CNY1.24 billion ($190 million) reported in the year-ago quarter.
EgyptAir (MS) has reported a 2011 decrease in profit to $12 million, down 75% year-over-year. The carrier, which had been in the middle of an expansion year, cited the civil unrest in Cairo and other parts of Egypt as reasons for the results.
The Indian government said Thursday it will invest INR300 billion ($5.76 billion) through 2020 to restructure struggling Air India (AI), including an immediate INR67.5 billion ($1.3 billion) injection.
“The US government has very serious concerns” about the European Union Emissions Trading Scheme (ETS) carbon tax, FAA assistant administrator-Policy, International Affairs and Environment Julie Oettinger said Thursday.
China Southern Airlines (CZ) expects its first-quarter net profit to drop by more than half compared to the CNY1.24 billion ($190 million) reported in the year-ago quarter.
The Indian government said Thursday it will invest INR300 billion ($5.76 billion) through 2020 to restructure struggling Air India (AI), including an immediate INR67.5 billion ($1.3 billion) injection.
“The US government has very serious concerns” about the European Union Emissions Trading Scheme (ETS) carbon tax, FAA assistant administrator-Policy, International Affairs and Environment Julie Oettinger said Thursday.
AFI KLM E&M has promoted Ron de Bos head of sales in North America. De Bos joined KLM E&M in 1995 as a purchasing unit manager, and from 2008-2012 served as director-integrated services. AirVault named former TIMCO chairman, president, and co-CEO Ronald Utecht to the AirVault Advisory Board. It also named former Boeing Shanghai Aviation Services VP and CEO James Brunke to the advisory board.
Brazil’s GOL Linhas Aéreas Inteligentes said its maintenance center at Tancredo Neves International in Belo Horizonte has been approved by the National Civil Aviation Agency (ANAC).
The International Air Cargo Assn. (TIACA) said a German court’s decision earlier this month to uphold a night-flight ban at Frankfurt Airport (FRA) will likely result in “economic and environmental damage” and reduced investment in FRA by cargo airlines.
Chinese carriers reported a net loss of almost CNY200 million ($31.6 million) in March, reversed from a collective net profit of CNY1.71 billion in the year-ago month, due to high fuel prices and a decline in cargo traffic.
Irish low-cost carrier Ryanair (FR) has scrapped a further batch of flights from Edinburgh airport (EDI) in Scotland, in an ongoing dispute over costs with airport owner BAA.
Volga-Dnepr Group said it intends to order 20 Antonov An-124s, plus options for 20 more, from United Aircraft Corp. (UAC), according to group executive president Valery Gabriel.
The International Air Cargo Assn. (TAICA) said a German court’s decision earlier this month to uphold a night-flight ban at Frankfurt Airport (FRA) will likely result in “economic and environmental damage” and reduced investment in FRA by cargo airlines.
Chinese carriers reported a net loss of almost CNY200 million ($31.6 million) in March, reversed from a collective net profit of CNY1.71 billion in the year-ago month, due to high fuel prices and a decline in cargo traffic.
Inflight Productions was selected by TransAsia Airways to provide an inflight entertainment audio and movie offering for its Taipei-Singapore route. Panasonic Avionics inked an agreement with Airbus to line-fit its Global Communications Suite on one A380. The suite provides two-way broadband connectivity to an aircraft, supporting both broadband internet access through Wi-Fi, mobile phone services in collaboration with AeroMobile, and a global live television service.
Silver Airways has taken delivery of its fourth Saab 340Bplus. The Fort Lauderdale., Fla.-based carrier, which received FAA approval to operate the Saab 340Bplus aircraft type last month, has agreed to purchase 12 of the turboprops from Saab Aircraft Leasing, according to a company statement.
Malaysia Airlines (MAS) has moved to distance itself from reports that it would create child-free zones on new Airbus A380 aircraft when it enters the fleet in July (ATW Daily News, March 12).
About 20 flights from airlines including All Nippon Airways (ANA), Cebu Pacific, Delta Air Lines, Garuda Indonesia, Japan Airlines (JAL), Korean Airlines, Philippine Airlines, and will be re-routed between Thursday and Monday to avoid North Korea’s upcoming missile launch, according to the Associated Press.
[UPDATED] Garuda Indonesia (GA) has placed a firm order for 11 Airbus A330-300s. It is the carrier’s third A330 order since July 2010, bringing its total on firm order to 21 aircraft.
