Freight revenue for Delta Airlines improved 8 percent, year-over-year, in the fourth quarter of 2011, rising by $20 million to $256 million. This cargo increase is incorporated into the U.S. carrier’s impressive total net income for the quarter, which surged $221 million, year-over-year, to $379 million. read more
Boeing’s net income surged to $1.4 billion in the fourth quarter of 2011, a 20-percent, year-over-year, increase. Of all business segments, Boeing Commercial Airplanes saw the highest revenue growth during this period, driven by the deliveries of the first 747-8Fs and 787 Dreamliners. read more
Qatar Airways will launch new services to Kigali, Rwanda, on March 21; Zagreb, Croatia, on May 9; and Perth, Australia, on July 3, the carrier’s second route into the country. Airline officials are also looking into new routes to Zanzibar, Tanzania; Helsinki, Finland; Gassim, Saudi Arabia; and Mombasa, Kenya. read more
The Republican-controlled U.S. House of Representatives has unanimously passed H.R. 3800, a bill extending the Federal Aviation Administration’s authorities through February 17. This marks the 23rd extension since the long-term FAA law expired in 2007. read more