Canada’s Flair Airlines, seemingly betting on its ULCC cost advantage against more traditional mainline carriers, will consolidate its southern Ontario flying out of Toronto Pearson International Airport (YYZ), pulling out of Hamilton’s John C. Munro International (YHM).
Brazilian manufacturer Embraer posted a second-quarter 2018 consolidated net loss of $124.7 million, a reversal from the company’s $72.1 million net profit showing for 2Q 2017.
Omani national carrier Oman Air said its upgraded cargo hub facility at the new Muscat International Air Cargo Terminal is already seeing a significant uptick in business.
Cargo operator Atlas Air Worldwide (AAW), continuing to reap benefits from strong demand across its businesses, increased adjusted net income 71% year-over-year (YOY) in the second quarter and has raised its full-year revenue and profit forecasts.
São Paulo-based LCC GOL reported a BRL1.3 billion ($329.1 million) second-quarter 2018 net loss, deepened from a BRL409.5 million net loss a year ago, largely attributable to a steep 16% drop in the monetary exchange rate between the Brazilian real and the US dollar during the three-month period ended June 30.
Swoop, WestJet’s new ULCC, has unveiled its first five US destinations and will launch transborder services Oct. 11, connecting Edmonton and Abbotsford with Las Vegas. Edmonton-Las Vegas will be daily, while the Abbotsford flights will be 3X-weekly.
International Airline Group—parent company of British Airways, Iberia, Aer Lingus, Vueling and Level—reported strong half-year profits Aug. 3, despite the dual headwinds of rising fuel prices and continuing strikes by French air traffic controllers.
In its third round of US airport infrastructure grants, FAA has released an additional $770.8 million in funding, bringing the total airport improvement program (AIP) awards announced year-to-date to $2.1 billion.
Low-cost, long-haul carrier Norwegian Air Shuttle has applied to Brazil’s civil aviation authority ANAC for permission to fly to and from the country, as it continues its plans to expand into new markets.
Substantial marketing efforts led to Royal Jordanian more than halving its losses for 1H 2018 compared to the same period a year earlier, the airline said.
Air Austral will wet lease an Airbus A380 from Portuguese wet-lease specialist Hi Fly to replace its second Boeing 787-8, which is being taken out of service for three months from Aug. 24 for Rolls-Royce Trent 1000 engine inspections.
The US Transportation Security Administration (TSA) is disputing reports the agency is considering curbing passenger screening at more than 150 small- and medium-sized airports across the US.
Luxembourg’s national carrier Luxair plans to acquire two Boeing 737-700s in 2019 to expand its route structure and build additional resilience to its network.
Ryanair pilots in Ireland have called a fifth one-day strike for Aug. 10, leading the Irish LCC to cancel a further 20 flights and adding to a wave of European industrial action as a conflict with its workforce continues.
Now that Airbus has taken control of the CSeries program, Bombardier Commercial Aircraft (BCA) said it will focus on returning to profitability by reducing the cost structure for its regional airliners, increasing production volume and growing aftermarket revenue, Bombardier CEO Alain Bellemare told analysts on the company’s Aug. 2 second-quarter results call.
