Spirit Airlines’ (NK) third-quarter net income fell 55.2% from the prior-year period to $27.7 million, owing to Hurricane Irene, a 65.2% year-over-year increase in fuel expenses, and a 38.9% increase in maintenance and repair costs.
Russian carrier OrenAir (R2) recently took delivery of its first Boeing 777-200ER. The aircraft, VQ-BNU, was leased from International Lease Finance Corp. (ILFC) and made its first flight in 1999.
China Southern Airlines (CZ) reported a third-quarter net profit of CNY3.13 billion ($492 million), up 2.99% from CNY3.04 billion in the year-ago quarter.
Air France (AF) warned that flight operations will be disrupted Oct. 29 owing to the strike action called by some unions representing flight attendants, but it expects up to 80% of its flights should be operating.
Bombardier Aerospace announced an unidentified Chinese airline has signed a conditional purchase agreement for six CRJ900 aircraft, plus five options, in a deal worth approximately $264 million based on list prices.
Airbus confirmed Friday morning that Transaero Airlines (UN) signed a memorandum of understanding (MOU) with Airbus for four A380 aircraft, making UN the launch customer for the A380 in Russia, the CIS and Eastern Europe.
Transaero Airlines (UN), Russia’s second-largest carrier, is expected to sign a memorandum of understanding (MOU) with Airbus Friday for A380s, ATW learned from a well-placed source.
Scandinavian Airlines will launch 2X-weekly Manchester-Bergen service Jan. 6, replacing its London Gatwick-Bergen service, which will cease Nov. 1. US Airways will discontinue 2X-daily seasonal Phoenix-Telluride, Colo. service. Aer Arann Regional will suspend services at Galway Airport for the winter season beginning Oct. 31. The suspended routes include service to London Southend, London Luton, Manchester, Edinburgh and Waterford.
American Airlines (AA) and its fleet and ground service workers, represented by Transport Workers Union (TWU), have reached a tentative agreement in principle, AA said.
Amsterdam-based AerCap Holdings said Monday it has signed a $400 million, 10-year credit facility to finance the purchase and leaseback of 12 Boeing 737-800s to American Airlines (AA).
Qantas (QF) has warned the three unions at the center of the airline’s industrial turmoil to accept the shareholders’ vote at Friday’s Annual General Meeting (AGM) and stop trashing the airline.
Las Vegas-based Allegiant Travel Co. reported net income of $9.5 million, down 27.9% from $13.8 million in the year-ago quarter, owing mainly to higher fuel prices.
Alitalia Group reported a third-quarter consolidated net income of €69 million ($95.9 million), up 76.9% compared to €39 million in the year-ago quarter.
Air China (CA) reported a third-quarter net income of CNY3.8 billion ($597 million), down by 26.5%, compared to CNY5.17 billion in the year-ago quarter.
United Continental Holdings (UCH), parent of merger partners United Airlines (UA) and Continental Airlines (CO), posted a third-quarter net profit of $653 million, down 23% from $852 million in pro-forma net income in the year-ago period.
Las Vegas-based Allegiant Travel Co. reported net income of $9.5 million, down 27.9% from $13.8 million in the year-ago quarter, owing mainly to higher fuel prices.
With operations adversely affected by Hurricane Irene in the third quarter, which led to 1,400 canceled flights over three days, JetBlue (B6) said its third-quarter results were still "better than our expectations," the carrier told analysts and reporters.
All Nippon Airways (ANA) flight 7871, the first Boeing 787 commercial passenger service, landed at Hong Kong Oct. 26 after a 4 hr. and 10 min. flight from Tokyo Narita.
The Transport Workers Union (TWU)—representing Qantas (QF) baggage handlers, caterers and ground staff union—has rejected a new pay offer from QF, setting the scene for more travel disruption.
