Air Transport World

UK-based regional airline Flybe has warned it will take a £2.5 million ($3.3 million) full-year profit hit because of currency fluctuations following the UK’s decision to exit (Brexit) the European Union (EU).

Austrian Airlines’ technical subsidiaries, Innsbruck-based Tyrolean Technik and Austrian Technik Bratislava (ATB), are planning a closer cooperation with an eye on third-party markets.

Air France is bracing for a third day of industrial action among its cabin crew on July 29, although it is expecting to maintain more than 80% of flights.

Icelandair has reported a 2016 second-quarter net income of $26.2 million, up 17% from a $22.4 million profit in the year-ago period; however, the airline has downgraded its outlook because of market uncertainty triggered by Brexit and recent terrorist attacks.

Alaska Airlines will retrofit all 34 of its Boeing Sky Interior 737s with Space Bins, the larger overhead bins created by Boeing.

Kazakhstan-based Air Astana is conducting a network and fleet study that may result in the airline taking Embraer E2s and creating a joint-venture airline in the region.

Malaysia Airlines is moving forward with a 12-point turnaround plan, which is proceeding faster than expected, Malaysia Airlines CEO Peter Bellew told ATW.

All fleet data is current as of March 31, 2016. Source: Aviation Week Fleets Discovery and ATW Research.

All fleet data is current as of March 31, 2016. Source: Aviation Week Fleets Discovery and ATW Research.

All fleet data is current as of March 31, 2016. Source: Aviation Week Fleets Discovery and ATW Research.

All fleet data is current as of March 31, 2016. Source: Aviation Week Fleets Discovery and ATW Research.

Full-year traffic results for 112 airlines and airline groups. Source: ATW Research

Full-year financial results for 114 airlines and airline groups. Source: ATW Research

Bombardier Commercial Aircraft announced that Bombardier Services Corp. has extended heavy maintenance agreements with SkyWest carriers SkyWest Airlines and ExpressJet Airlines for a further 10 years.

Canada’s new low-cost travel company, NewLeaf Travel, flew its inaugural flights July 25.

Philippine Airlines (PAL) is looking to move some of its regional schedules from chronically congested Ninoy Aquino International Airport (NAIA) in Manila to Clark International Airport in Pampanga.

Russian aviation authorities have granted charter carrier Azur Air designations for scheduled services between Russia and China.

London City Airport has been granted planning permission for its £344 million ($451.3 million) expansion, which will see it grow from 4.3 million passengers to 6.5 million by 2025.

The European Union (EU) has given formal notice to the US Department of Transportation (DOT) that it will begin arbitration over the question of Norwegian Air International’s (NAI) access to the US market.

Airbus Group posted net income of €1.76 billion ($1.93 billion) for the first half of 2016, up 16% compared to net income of €1.52 billion in the 1H 2015.

Air Malta has appointed deputy CCO Joseph Galea as acting CEO, succeeding CEO Philip Micallef, as the airline concludes strategic partnership talks.

Boeing reported a consolidated net loss of $234 million for the 2016 second quarter, a $1.34 billion reversal from the 2015 June quarter.

Air France expects to maintain close to 80% of flights on July 28, the second day of a cabin crew strike.

Air France-KLM Group recorded a 2016 first-half net loss of €114 million ($125 million), compared to a deficit of €638 million in the year-ago period.

China’s HNA Group subsidiary HNA Aviation Air Catering has increased its stake in Swiss airline catering and logistics services company Gategroup from 61.7% to 96.1% as it steps up its international pace.