Brazil’s TAM Airlines has finalized a purchase agreement for 32 Airbus A320 aircraft, comprising 22 A320neo and 10 A320 family aircraft, Airbus said. The order follows an MOU signed in February.
Lufthansa Cargo (LHC) said the German regional court ruling halting night flights from its Frankfurt Airport (FRA) cargo hub would cost the carrier “double digit million of euros” in rescheduled flights and lost customers.
Norwegian Air Shuttle (DY) reported third-quarter consolidated net income of NOK494.9 million ($88.3 million), down 6.3% from NOK528.1 million in the year-ago period when earnings were affected by a currency gain of NOK172 million not related to the operation.
ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China, has ordered 45 CFM Leap-X-powered Commercial Aircraft Corp. of China (COMAC) C919 aircraft
Owing to $227 million in unrealized, noncash fuel hedging mark-downs, Southwest Airlines (SWA) incurred a third-quarter net loss of $140 million, reversed from a $205 million profit in the year-ago period.
A LOT Polish Airlines spokesman told ATW that the carrier expects its first Boeing 787 delivery to be in 2012, not 2013, as reported by Polish Press Agency PAP earlier this week.
Pegasus acquires Open Hospitality, a marketing and web design firm French commerce tribunal fines Expedia for ‘misleading’ consumers American, Amadeus sign ‘medium-term’ agreement IATA suspends two Iranian carriers from clearing house, BSP Ryanair disputes prepaid card risk EzRez product will convert miles and points to cash World news briefing
The European Union’s Council of Ministers formally adopted a new set of rules on consumer rights that could have far-reaching consequences for the airline industry and other companies in the travel sector. The package of rules, called the EU Consumer Rights Directive, prohibits online traders from charging consumers more for paying by credit card (or other means of payment) than what it actually costs the trader to offer such means of payment.
Aero Instruments & Avionics has purchased the Teradyne Spectrum CTS, an advanced ATE solution for commercial aviation, replacing the ATS-182a, which it currently operates. The solution is designed to perform complete diagnostics on the avionics systems of the Boeing 737, 747, 757, 767, 737NG and 777. It also offers future capability to support the 787 and 747-8. Bombardier has released "Aircraft Diagnostics Solutions (ADS) Plus" for Dash 8/Q-Series 100/200/300 aircraft.
Azul Linhas Aéreas Brasileiras took delivery of the first ATR 72-600 be delivered to a Latin American customer. Fast-growing carrier Azul has placed orders for a total of 30 -600s, with 10 options. In addition to the turboprops, Azul operates a jet fleet of Embraer 190s and 195s.
Peach Aviation, Japan’s newest low-cost carrier, confirmed it has obtained approval from Japan’s Ministry of Land, Infrastructure and Transport to operate flights to congested airports.
Malaysia Airlines Group (MAS) has launched a network rationalization program with its subsidiary, Firefly, which will now serve short-haul turboprop routes.
Australian officials investigating the Airlines of Papua New Guinea (PNG) Bombardier Dash 8-102 crash on approach to Madang Oct. 13 are focusing on a possible component failure.
Aegean Airlines (A3) said it is “adapting and changing to the difficult Greek environment” and vows it will not relinquish its high-quality service approach.
Hawaiian Airlines’ (HA) parent Hawaiian Holdings said its third-quarter net income dipped 15.9% year-over-year to $25.6 million on a 29.5% lift in revenue to $455.9 million.
American Airlines (AA) parent AMR Corp. did little to mitigate concerns about its financial health when it reported a third-quarter net loss of $162 million Wednesday.
Air New Zealand (NZ) has ordered seven ATR 72-600s, plus five options, in a deal worth $270 million at list prices. Deliveries will begin in October 2012 and are expected to be completed by 2016.
