Boeing will boost 737 production to 47 aircraft per month in 2017, the latest build-rate increase the manufacturer has announced on its narrowbody line.
Lufthansa Group subsidiary Austrian Airlines reported a nine-month operating profit (before one-time effects) of €19.4 million ($26.23 million), improved by €10.3 million over the year-ago period.
Swiss International Air Lines reported an operating profit of CHF209 million ($233 million) for the first nine months, up 13% from CHF185 million for the same period last year.
Embraer has reported third-quarter net income of $52.9 million, down 19.1% from a net profit of $65.4 million in the prior-year period, as commercial aircraft deliveries lagged last year’s deliveries.
Montreal-based Bombardier reported net profit of $147 million for the third quarter ended Sept. 30, down 14.5% from $172 million in the year-ago quarter.
Russia’s Aeroflot reported a nine-month net income of RUB19.297 billion ($601 million) for the period ended Sept. 30, up 40% compared to the year-ago period.
Estonian Air posted a loss of €6.1 million ($8.4 million) for the first nine months of the year, narrowed from the €20.2 million loss for the year-ago period.
All Nippon Airways parent ANA Holdings has posted a net profit of ¥20 billion ($204.5 million) for the first half of its fiscal year ended Sept. 30, down 45.7% from the prior-year period, as expenses grew at nearly twice the rate of revenue.
Florida-based low-cost carrier (LCC) Spirit Airlines has earned a net profit of $61.1 million for the third quarter, nearly doubling net income of $30.9 million in the 2012 September quarter, on a 33.4% year-over-year jump in revenue to $456.6 million.
Latvian airline airBaltic recorded a third-quarter net profit of €13.2 million ($18.2 million), reversing a €26.72 million loss into a net profit of €0.72 million in the nine months through Sept. 30.
Lufthansa will modify 157 of its Airbus A320 family aircraft—which connect its Frankfurt and Munich hubs with the European route network—to make them quieter.
Lufthansa Cargo, which expected to take delivery of its first Boeing 777F in Frankfurt Nov. 1, will be delaying delivery until some minor rework repairs are made.
Japan Airlines (JAL), which placed its first-ever order with Airbus Oct. 7 for 31 A350 XWBs with options for a further 25 aircraft, explained to ATW the reasons behind that decision.
United Airlines’ fleet service work groups, represented by the International Association of Machinists (IAM), have ratified new joint labor agreements.
The Latin American and Caribbean Air Transport Association (ALTA) has called for the dismissal of a fiscal reform proposal in Mexico, which would impose a new MXP0.12 ($0.09) tax fuel per liter.
TIMCO Aviation Services will be acquired by Hong Kong Aircraft Engineering Co. (HAECO) for approximately $388.8 million, subject to closing adjustments.
Aerospace Products International (API), owned by Resilience Capital Partners, has acquired the assets of Avionics International Supply (AIS), further expanding distribution into avionics and electronics.
