Korean Air reported a KRW479 billion ($440 million) net profit for the fourth quarter of 2017, reversed from a net loss of KRW672 billion in the year-ago period.
Greek carrier Aegean Airlines is just three to four weeks away from a narrowbody renewal decision, as it prepares to grow to a 75-aircraft fleet by 2023.
Boeing has firmed configuration of the 230-seat stretch of the 737 MAX family of narrowbodies, the MAX 10, which was launched at the Paris Air Show in June.
IATA will partner with the Civil Aviation Authority of Singapore (CAAS) to establish a Global Safety Predictive Analytics Research Center (SPARC) in Singapore, according to an agreement signed by the two parties Feb. 7.
Lufthansa Group chairman and CEO Carsten Spohr said the company will focus this year on further developing its premium carriers—Lufthansa, Swiss International Air Lines (SWISS) and Austrian Airlines—but he expects strong competition in Germany after airberlin’s insolvency last year.
Thai regional carrier Bangkok Airways ordered four ATR 72-600s Feb. 7, making the French-Italian turboprop manufacturer the only company to score a new commercial aircraft order at the 2018 Singapore Air Show to date.
Triumph Aviation Services forged an agreement with China Southern Airlines that has short- and long-term implications for the airline’s nacelle maintenance—and could provide Triumph with a potential footprint in China.
The All Nippon Airways (ANA) Group intends to use existing LCC brands Peach Aviation and Vanilla Air to launch its planned medium-haul, low-cost operation—with aircraft types still to be decided.
Risk areas such as weight extremes, center-of-gravity positions, buffet boundaries and stall performance have all been addressed through the ongoing Mitsubishi Aircraft MRJ flight-test program.
Lufthansa and Verdi trade union have concluded new long-term collective labor agreements for the approximately 28,000 ground employees of Lufthansa, Lufthansa Cargo, Lufthansa Technik and LSG Sky Chefs in Germany, the largest group of employees within Lufthansa.
Fort Lauderdale-based ultra-LCC Spirit Airlines reported a $420.6 million net profit for 2017, a 58.8% increase over a $264.9 million net income in 2016. Spirit cited a one-time, non-cash $199.3 million tax credit courtesy of the late 2017 US tax reform legislation, as part of the reason for the increase.
Embraer has not yet received a proposal from Boeing for a possible combination of the manufacturers, Embraer Commercial Aviation president and CEO John Slattery said.
Airbus and Bombardier could have a final assembly line in the US up and running within a year of a go-ahead, but it remains undecided whether the CSeries jets ordered by Delta Air Lines will be produced there or in Canada, a senior Bombardier executive said.
Swoop, the standalone ultra-LCC subsidiary of Canada’s WestJet scheduled to launch in June, could eventually have a fleet of as many as 40 aircraft, WestJet CEO Gregg Saretsky said.
Southern Pacific Flight Training (SPFT), a startup pilot training company in Brisbane, Australia, will receive the country’s first ATR 72-600 simulator.
African Star Alliance member Ethiopian Airlines and its regional airline equity partner, Togo-based ASKY Airlines, have formed a strategic partnership with the Guinean government to establish startup carrier Guinea Airlines by June.
Satellite communications specialist Inmarsat and Deutsche Telekom have completed the ground segment of the European Aviation Network (EAN), thus enabling the inception of the inflight connectivity service with British Airways, the two companies announced.
