Air Canada reported a 9.4% year-over-year (YOY) drop in third-quarter net income as the absence of its Boeing 737 MAX aircraft took a toll on peak summer operations.
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WestJet reported net income of C$119.4 million ($91.4 million) in the third quarter, up 70% from a restated C$70.1 million in the year-ago period, as a record load factor and improved yield boosted revenue.
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All Nippon Airways (ANA) reported its net profit for the six months through Sept. 30—its fiscal first half—dropped by 23% to ¥56.7 billion ($520.6 million).
As several hundred newly built and ready for delivery Boeing 737 MAXs have remained parked in Everett, Washington state while awaiting eventual clearance to fly, CFM International has been providing proactive maintenance preservation on the type’s LEAP 1B engines during the months the aircraft have stood idle.
Just three months after taking the helm of Philippine Airlines Holdings (PAH), Gilbert Santa Maria has resigned from his position as president of Philippines Airlines’ (PAL) parent company, citing “personal reasons.”
Portuguese Star Alliance carrier TAP Air Portugal has retired its last Airbus A340 as part of its transition to an all-A321LR and A330neo long-haul fleet, which will be completed by the end of 2019.
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