El Al has finally filled its six month managerial vacuum with the appointment of Yoel Feldshu as general manager following the resignation in April of Rafi Harlev. Feldshu, a former air force general who left the service to work in the car industry, is close to Israeli prime minister Bejamin Netanyahu who has indicated he will not press ahead with the airline's privatisation.
Source: Airline Business
Cathay Pacific expects a “strong” showing for the second-half financial results, as it approaches full capacity recovery January next year.
The Star Alliance carrier plans to reach C$30 billion in annual revenue in four years and to exceed that figure by decade’s end.
Canada’s Transat AT reports a profitable fiscal fourth-quarter boosted by a C$34 million ($25 million) compensation agreement with geared turbofan (GTF) engine maker Pratt & Whitney.
