Major U.S. airlines reported $3.8 billion in net profit for the first half of the year, up from the $1.6 billion they reported during the same period last year, according to Airlines for America (A4A). A 6-percent increase in operating revenues drove the year-over-year improvement, the trade group said.
Air Transport and Cargo
News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.
Almost eight years have passed since the Airbus A380 widebody completed certification and entered service. Airbus engineers continue to handle multiple product development tasks for in-service types, and the very first A380 prototype continues to support their efforts with frequent flight testing.
Change is afoot in the European regional airline sector, it would seem. Gone are the days of the “us and them,” with the regionals on one side, the major airlines on another and the low-cost carriers playing the role of bad-boy upstarts.
Under threat of another volcano erupting in Iceland, Eurocontrol said it is better prepared to deal with air travel disruptions caused by volcanic ash than it was in 2010 when the Eyjafjallajökull eruption grounded flights across Europe.
The Federal Aviation Administration issued a new Notice To Airmen (Notam) on Tuesday prohibiting U.S. operators from flying in the Damascus Flight Information Region (FIR), which covers all of Syria.
Even though sanctions imposed over Moscow’s alleged involvement in the conflict in eastern Ukraine appear not to immediately threaten airliner sales in Russia, the inclusion of certain Kremlin-controlled financial institutions and airlines on so-called “black lists” appears likely to alarm potential investors
In moves that appear counter to the advice of the World Health Organization (WHO), Zambia and the Ivory Coast have issued bans on air travel between their territories and three West African countries in which Ebola outbreaks have occurred. Meanwhile, Nigeria has suspended all flights by Gambia Bird Airlines into its airports, citing the carrier’s failure to take sufficient measures to contain the spread of the virus.
In a move to ensure the viability of Malaysia Airlines, the country’s sovereign wealth fund, Khazanah Nasional Berhad, has stepped in with $430 million rescue plan to delist the national carrier and take it private.
An Antonov An-140 operated by Iranian carrier Taban Air crashed on Sunday almost immediately following takeoff from Tehran’s Mehrabad International Airport, killing 40 of the 48 people on board. The airplane, built in Iran under license by HESA and branded the Iran-140, took off at 9:45 a.m.
Russia has banned flights over its airspace by Ukraine’s airlines, forcing Ukraine International Airlines (UIA) among others to re-route to eastern destinations from Kiev.
“UIA is deeply concerned with destructive actions of the Russian authorities and their controversial stand on transit flights of Ukrainian airlines banned from transit over the Russian territory,” the airline said in a statement on August 8. The airline said the ban would increase its operating costs by 15- to 20 percent, as well as lead to flight delays.
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