Air Canada posts 3Q net income decline, revenue record
Jack Wittman
Air Canada reported
an adjusted net income of C$516 million ($393 million) for the third quarter
(3Q), down 39% from a restated adjusted net income of C$922 for the year-ago
quarter.
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Air France-KLM’s 3Q revenues up 4%, warns of higher
fuel costs
Helen Massy-Beresford
Premium Content
Air France-KLM said
revenues rose in the 2018 third quarter and predicted a further increase in
the final three months of the year, but warned its fuel costs also would
increase and passenger network capacity would grow by less than expected.
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Canada’s WestJet to defer four 737 MAX 8 deliveries on
domestic overcapacity
Sean Broderick
Overcapacity in the
increasingly competitive Canadian domestic market has led WestJet to defer
four Boeing 737 MAX 8s scheduled for delivery next year.
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Airbus lowers 2018 delivery target on A330, A380 issues
Jens Flottau
Premium Content
Facing mounting
issues in two major programs, Airbus has cut the manufacturer’s 2018 delivery
target and said the company is working to “resolve certain commercial
challenges on the A330ceo and the A380” by the end of the year.
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Italy’s state railway confirms bid for Alitalia
Helen Massy-Beresford
Italian railway
company Ferrovie dello Stato (FS) has put in a bid for Alitalia, paving the
way to create an integrated transport company, Italy’s economic development
minister Luigi Di Maio said.
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ALTA: Latin American airline CEOs warn of difficult
2019
Mark Nensel
Premium Content
The CEOs
of Avianca, Copa Airlines and LATAM Airlines responded to a barrage of issues
as the 2018 ALTA Airline Leaders Forum in Panama City ended.
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