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$71m profit for Atlas Air, pilots says issues remain

Posted By Tony Sanchez / Airlines / 0 Comments

November 2, 2018 Atlas Air Worldwide has posted a third quarter profits of $71.1 million but pilot unions are warning the public not to be fooled by executives painting a rosy picture. The third quarter profit compares to a loss of $24.1 million in the same period last year, while net income for the first […]

Vietjet to finalize $6.5 billion Airbus order: sources

Posted By Tony Sanchez / Airlines / 0 Comments

November 1, 2018 Fast-growing budget carrier Vietjet Aviation  is set to finalize a $6.5 billion jet order with Europe’s Airbus during a visit to Hanoi by French Prime Minister Edouard Philippe on Friday, people familiar with the matter said. The order for 50 A321neo jets is part of an aggressive investment in the Vietnamese airline’s […]

Strike at Polish airline LOT ends after deal agreed with unions

Posted By Tony Sanchez / Airlines / 0 Comments

November 1, 2018 Poland’s national airline LOT said on Thursday a two-week strike had ended after management reached agreement with unions. Unionized LOT employees began a strike on October 18 over changes to employment contracts and another factor was LOT’s dismissal of chief union representative Monika Zelazik from her job as flight attendant earlier this […]

Brazilian airline Gol reports third quarter loss

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November 1, 2018 Gol Linhas Aereas Inteligentes SA (Gol), Brazil’s largest airline, reported a third-quarter net loss of 409 million reais ($110 million) on Thursday, reversing a net profit of 328 million reais in the same period of 2017. The third-quarter results missed a forecast by three analysts for a net loss of $33 million, […]

FedEx connects Sydney with Singapore

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November 1, 2018 FedEx Express has launched four flights a week between Sydney and Singapore to meet customer demand for capacity, particularly for heavyweight shipments. Australian customers will benefit from increased capacity and reliability to transport retail freight, healthcare products, perishables and lithium ion batteries between the markets. Customers in Sydney will have a three-hour […]

Lufthansa profit drops on Air Berlin integration, strikes

Posted By Tony Sanchez / Airlines / 0 Comments

October 30, 2018 German airline Lufthansa  missed forecasts with an 11 percent drop in third-quarter operating profit as it spent money on integrating Air Berlin, which it snapped up after the budget carrier’s collapse last year. The cost and complexity of absorbing the business compounded the effect of higher fuel costs and air-traffic control strikes […]

Lufthansa not interested being part of government-led Alitalia deal

Posted By Tony Sanchez / Airlines / 0 Comments

October 30, 2018 Lufthansa has no interest in participating in a government-led restructuring of Italian carrier Alitalia, Chief Executive Carsten Spohr said. “We will not be co-investor with the government in an airline that is being restructured,” he said on an analyst call to discuss third-quarter financial results. Separately, CFO Ulrik Svensson said that while […]

WestJet Airlines beats on profits, but faces higher cost headwinds

Posted By Tony Sanchez / Airlines, Uncategorized / 0 Comments

October 30, 2018 WestJet Airlines Ltd is eying branded fares and fees offering passenger perks to help boost revenues and margins, as the Canadian carrier faces headwinds despite reporting earnings that beat estimates on Tuesday. Calgary-based WestJet has been rolling out these fares and ancillary fees, such as charges for added legroom, as it faces […]

Qatar Airways rolls out mail management system

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October 29, 2018 Qatar Airways Cargo has rolled out an automated mail management system at more than 50 stations, supporting ever-growing volumes of e-commerce. The cargo carrier also signed an agreement with Descartes and integrated its Descartes vMail product with its in-house cargo management information system Cargo Reservations, Operations, Accounting and Management Information System (CROAMIS) […]

Swiss WorldCargo adds new routes for the winter

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October 29, 2018 Swiss WorldCargo is getting ready for winter with new routes across Asia, South America and Africa being added to its timetable. Twice-weekly flights to Ho Chi Minh City and Saigon in Vietnam will commence from Zurich from 15 November, along with twice-weekly services to Colombo in Sri Lanka on 3 November. A […]