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Airlines Fly High on Low Fuel Prices, Travel Growth

Samsung in Talks with Korean Air for Jet Sale

Samsung Electronics is in talks with Korean Air to sell its private jets and helicopters. "We are discussing with Korean Air to sell the company-owned jets and helicopters, a deal valued at a few million dollars," the company said, late Friday, adding the deal value is subject...

Germany Orders United Airlines Flight back over Bomb Threat

A United Airlines flight to San Francisco was ordered back shortly after takeoff from Frankfurt airport Friday because of a bomb threat, German authorities said. After the jet landed back in Frankfurt, all luggage and people on board were searched but no explosives were found, a German...

Vueling will hire up to 200 pilots as market demand grows

Spanish budget carrier Vueling has announced plans to hire as many as 200 first officers to meet market growth demand in the 2016 summer season. “We want to continue to provide professional opportunities to more pilots at our operational bases in Spain and elsewhere in Europe, as we have done in recent years,” COO Fernando Val said in a statement. For the upcoming recru...

United Airlines Unveils New Premium Seat for 200+ Narrowbody Aircraft

United Airlines is introducing a new, comfortable, custom-designed seat for first-class cabins on more than 200 of the company's narrowbody aircraft. The seat will debut on an Airbus A319 next week, with retrofits on A319s, A320s and many Boeing 737s and 757s through 2016. Developed with input from customers whom the airline invited to test seat prototypes, the custom seat...

Lufthansa pilots propose fresh talks with management

German pilots' union Vereinigung Cockpit has proposed fresh talks with Lufthansa management over early retirement benefits, a day after a court ruled a strike was unlawful because the union had overstepped its mandate. The union and management have been locked in a long-running battle that has resulted in 13 strikes over 18 months. The dispute began over Lufthansa's plans to scrap a sch...

Spirit Airlines, passenger traffic grows by 26.7% in August, 2015

Spirit Airlines reported its preliminary traffic results for August 2015. Traffic (revenue passenger miles) in August 2015 increased 26.7 percent versus August 2014 on a capacity (available seat miles) increase of 31.7 percent. Load factor for August 2015 was 86.2 percent, a decrease of 3.4 percentage points compared to August 2014. Contributing to this decrease was the shift of the Labor Day h...

Virgin America, passenger traffic grows by 4% in August, 2015

Virgin America Inc. reported its preliminary operational results for August 2015. The airline’s traffic (measured in revenue passenger miles) increased 1.5 percent on capacity (measured in available seat miles) that was 4.0% higher from the same month in 2014. Load factor was 83.6 percent, a decrease of 2.0 points from August 2014. The number of onboard passengers increased 10.5 percen...

Air Canada buys back its shares for $36.7 million

Air Canada announced that since commencing its normal course issuer bid on May 29th, 2015, it has purchased, for cancellation, a total of 3,185,735 Class A variable voting shares and Class B voting shares (collectively the "Shares") at an average Share price of $11.53 for an aggregate consideration of $36.7 million. Since August 17th, 2015, the day Air Canada's quarterly internal...

Aegean Airlines, passenger traffic grows by 30% in July-August, 2015

AEGEAN's international passenger traffic in July-August 2015 marked a 30% increase over the corresponding period of 2014. Overall, in two months, the company carried 3 million passengers on its domestic and international flights. AEGEAN’s significant expansion to new destinations, as well as targeted offers - mainly in the domestic network, where the closure of banks and the...

Malaysia Airlines and Air Lease sign agreement for 4 Airbus A350s

Malaysia Airlines Berhad (MAB) and Air Lease Corporation signed long-term lease agreements for four (4) new AirbusA350-900s. The transaction also includes a lease option for two additional A350-900s and two A330-900neo aircraft. Powered by two Rolls Royce Trent XWB-84 engines, the A350-900 aircraft are from ALC’s order book with Airbus and will be delivered between the fourth quar...

Aeroflot confirms commitment to transport all Transaero passengers

Aeroflot Group is currently in the process of integrating OJSC Transaero Airlines. During the integration period, PJSC Aeroflot, with the support of the Federal Agency for Air Transport (RosAviation), will ensure that all obligations to ticketed Transaero passengers are met in full. Transaero continues to sell tickets, and all passengers with tickets will be transported to their destinations...

American Airlines Group Reports Record August Trafic, Capacity and Load Factor

American Airlines Group today reported August 2015 and year-to-date traffic results. American Airlines Group's total revenue passenger miles (RPMs) were 21.0 billion, up 5.0 percent versus August 2014. Total capacity was 24.3 billion available seat miles (ASMs), up 2.7 percent versus August 2014. Total passenger load factor was 86.5 percent, up 1.9 percentage points versus August...

Chinese Airlines Lures South Korean Pilots with Better Working Conditions

More South Korean pilots are leaving local airlines, data showed Friday, apparently for better salaries and working conditions abroad. According to the data by the transportation ministry, the number of pilots who left top flag carrier Korean Air Lines Co. during the January-July period stood at 42. This is compared with 26 pilots leaving the company in 2013 and 27 in 2014, the dat...

China, Grenada Sign MOU on Air Transport Cooperation

China and Grenada signed a Memorandum of Understanding (MOU) on air transport cooperation on September 11, according to a statement on the Civil Aviation Administration of China (CAAC)'s website. Keith Mitchell, Prime Minister of Grenada, visited the Chinese aviation regulator after he attended the 7th World Economic Forum, also known as the Summer Davos Forum, which was launched in Northea...

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