Edition:
United States

Airlines

Page 1

Virgin America expands service to New York area

11:37am EDT

Virgin America Inc : Virgin America expands service to New York area .Expansion of service at Newark International Airport to 4 daily nonstop flights to both LAX and SFO as of November 18, 2016.

Cebu Air flew 1.6 mln passengers in June, 8 pct increase from last year

4:04am EDT

Cebu Air Inc : Flew over 10 million passengers from January to June this year, an increase of 9% over the same period in 2015 .For June 2016, flew 1.6 million passengers, up by 8% from the 1.5 million passengers flown in the same month in 2015.

Air France-KLM CFO expects Servair deal to close in Oct or Nov

3:07am EDT

Air France-KLM CFO in call with analysts: says confident can deliver further unit cost reduction over the next quarters . says not seen any change to pricing behaviour in industry following Brexit vote . says expects to be able to close Servair transaction in Oct or Nov Further company coverage: [AIRF.PA] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Flybe says Brexit uncertainty, terrorism fears could hurt near-term

2:00am EDT

Flybe Group Plc : Q1 15.5% increase in seat capacity to 3.2m seats (q1 2015/16: 2.8m seats) . Q1 9.2% growth in passenger numbers to 2.3 million (q1 2015/16: 2.1m passengers) . Q1 5.0% growth in passenger revenue to £155.8m (q1 2015/16: £148.4m) . Growth delivered despite slow start in april and demand headwinds stemming from fear of terrorism, and uncertainty around eu referendum vote . Co's mission is unlikely to be affected in a significant manner by form of uk's new arrangements with eu . In near term consumer uncertainty about brexit, its economic impact and repeated terrorist incidents could have materially adverse impact . Travel demand may weaken further if consumer and business confidence suffers, not least against a weaker pound. .Impact of stronger usd since eu referendum vote will have a negative impact of £2.5m on fy profit, if rates remain at current levels.

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