Calgary-based WestJet, which originally had 20 Bombardier Q400s on firm order, has converted an additional five of its 25 options into firm orders, in a deal valued at approximately $167 million based on current list prices.
Calgary-based WestJet next year will start flying Boeing 767-300ERs, the first widebody aircraft the low-cost carrier (LCC) will operate since its 1996 founding.
Florida-based Spirit Airlines posted a second-quarter net profit of $64.8 million, up 54.2% year-over-year from the low-cost-carrier’s (LCC) $42.1 million net income in the 2013 June quarter.
All Nippon Airways (ANA) has taken delivery of its first Boeing 787-9, becoming the first airline to operate both the 787-8 and 787-9 variants of the Dreamliner family when the airline launches 787-9 services on domestic Japanese routes in August.
Russia’s Ilyushin Finance Co. (IFC)—which has 32 Bombardier CS300s, plus 10 options, on order—has agreed to postpone delivery from November 2015 to April 2016.
Germany’s Zweibrücken Airport has announced insolvency, but will continue operations because agreements have been reached with airlines, clients and suppliers, according to several media reports.
FAA announced in a press release it is proposing a $12 million civil penalty against Southwest Airlines for failing to comply with federal aviation regulations in three separate enforcement cases related to repairs on its Boeing 737s.
The Malaysia Airlines (MH17) Boeing 777-200ER that crashed over Ukraine July 17, killing all 298 on board, was destroyed because of “massive explosive decompression” due to “multiple fragmentation damage caused by a missile explosion,” according to the Ukrainian Security and Defense Council.
The US House of Representatives has passed a bill that would reverse a Department of Transportation (DOT) rule requiring airlines to include taxes in displayed airfares.
Qantas is said to be looking at a potential split of its operations into international and domestic—with the potential to sell elements to outsiders—following a landmark decision by the Australian Senate Chamber to allow changes to government restrictions on the ownership of the national flag carrier.
Ryanair reported first-quarter net income of €197 million ($264.5 million), more than doubled from a €78 million profit in the year-ago period, due partly to the timing of the Easter holidays.
Ryanair CEO Michael O’Leary is interested in securing a Cypriot air operator’s certificate (AOC) to tap potential for direct flights between the Mediterranean island and Levant destinations.
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, has issued a profit warning for the second quarter, predicting a net loss for the period.
IATA has sent its fourth letter to Venezuelan President Nicolas Maduro to allow airlines to repatriate funds, now estimated to be $4.1 billion, at the original exchange rate.
Nearly seven years after launching operations, San Francisco-based Virgin America has filed a statement with the US government announcing its intent to launch an initial public offering (IPO).
Mexican ultra-low-cost carrier (ULCC) Volaris eased its 2014 losses in the second quarter, reporting a net loss of MXP75 million ($6 million), narrowed from the company’s first-quarter net loss of MXP370 million.
