Airline and Aviation Industry News Page 2

The largest scheduled passenger airlines reported a net loss of $145 million in the fourth quarter of 2012, improved from a loss of $602 million in the fourth quarter of 2011, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS)

Airbus is showing an ACJ318 corporate jet at EBACE, giving potential customers the chance to see how much wider and taller its cabin is in comparison with other large business jets.

Virgin America says it's close to turning around its financial losses.

The service will be operated by WestJet Encore's fleet of Bombardier Q400 NextGen aircraft and bookings are available now on westjet.com for flights beginning September 3, 2013.

After a successful Routes Europe event in Budapest, which with 1,100 delegates was the largest regional route development event ever, Budapest Airport officially handed over to Marseille-Provence Airport, the host of the 2014 event.

Ticket transactions for the first four months of 2013 also remained flat at -0.61 percent over the same period in 2012 at 51.3 million. Year-to-date passenger segments decreased 1.91 percent to 115.3 million compared to 117.5 million in the four months of 2012 and 116.5 million in 2011.

Copa Holdings reported net income of US$113.8 million for 1Q13, or diluted earnings per share (EPS) of US$2.56. Excluding special items, Copa Holdings would have reported an adjusted net income of $124.4 million, or $2.80 per share, a 37.3% increase over adjusted net income of US$90.6 million and US$2.04 per share for 1Q12.

Imagine being served your in-flight meal by none other than Richard Branson – what would you do?

Order also includes options for an additional 25 737 MAX 8s

Mongolia's flag carrier completed a historic order in 2011 at the U.S. State Department in Washington, D.C., marking the first time in more than two decades that the airline extended its route network by purchasing Boeing airplanes instead of leasing them.