Posts Tagged ‘Airlines’

Ryanair boss O’Leary predicts Europe will only have five airlines in five years time future

Ryanair Finalizes 737 Order

RYANAIR CEO Michael O’Leary has said Europe will only have five airlines in the near future – as he considers buying German carrier Air Berlin. Speaking to Reuters , Mr O’Leary said he would be interested in bidding for the insolvent German carrier, but Ryanair needs access to more data on the airline’s finances. Air…

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Low-cost air travel will drive trillion-dollar airline spending spree, says Boeing

SpiceJet 737 MAX8

European airlines will spend $1.1 trillion on new aircraft over the next two decades as air travel booms and demand for smaller, low-cost carriers soars, according to US giant Boeing. The aircraft maker predicts that European airlines will need more than 7,500 new aircraft by 2035, which, based on its current catalogue prices, would mean a spending spree…

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Dozens of Boeing and Airbus deliveries put back by Turkish Airlines

Turkish Airlines Boeing 737

Turkish Airlines said it plans to postpone dozens of Airbus and Boeing narrow-body jets as it contends with a turbulent travel market following terror attacks in Istanbul and Europe. The carrier is delaying deliveries of 39 of the upgraded single-aisle planes originally scheduled for 2018 to 2020, the company said in a filing at the…

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Dark Clouds Loom for Airlines Even as Their Profits Take Off

airplane

U.S. airlines are producing their biggest profits ever. But instead of clear skies, they are encountering problems that their recent prosperity, in some cases, is making worse. Employees at Southwest Airlines Co. and Delta Air Lines Inc. have rejected labor contracts in recent weeks, with some arguing that the compensation wasn’t sufficient given the industry’s…

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Boeing says domestic airlines moving closer to break-even

SpiceJet 737 MAX8

Boeing Corporation on Thursday expressed hope that domestic airlines, which have been bleeding for many years now, are moving closer to break-even as operating costs have fallen faster than fare reductions following the sharp dip in oil prices. “I believe that Indian airlines are moving closer to profitability after years of losses. Spicejet has declared…

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Senate report urges government crackdown on airline fees

Airline Fees

The government should crack down on airline fees for things like seat reservations, checked baggage and ticket changes or cancellations, which are often unfair or hidden from consumers, according to a Senate report released Thursday. The report, which is based on an investigation by the Democratic staff of the Senate commerce committee, says there appears…

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E.P.A. Says It Will Set Rules for Airplane Emissions

Airplane Emission Pollusion

The Obama administration said on Wednesday that it would take the first step toward regulating greenhouse gas emissions from airplanes, a move that could significantly strengthen President Obama’s environmental legacy but that also presents major new challenges for the airline industry. The Environmental Protection Agency said that Airplane Emissions endanger human health because of their…

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Europe’s Top Airlines to Spend Billions in Battle to Win Back Passengers

American Airlines Boeing 777 Premium Cabin Bar Interior

Europe’s two biggest airlines are rolling out more than €4 billion ($4.5 billion) in cabin upgrades in an attempt to arrest the hemorrhaging of lucrative premium passengers to Middle East rivals that have stolen their customers in part by wowing them with luxurious amenities aboard flights. The cabin overhauls represent a second front in a…

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Bombardier signs US$1.4 billion Contract for 24 CRJ900 NextGen aircrafts

Bombardier CRJ900 NextGen

Bombardier Aerospace announced today that a customer, who has requested to remain unidentified at this time, has placed a firm order for 16 CRJ900 NextGen regional jets and has also taken options for eight additional airliners of the same type. Based on the list price for the CRJ900 NextGen aircraft, the firm order is valued…

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Flight 8501 Disaster Highlights Asia’s Aviation Challenges

Search area

The crash of AirAsia Flight 8501 is the third aviation disaster this year to strike a region where air traffic has grown spectacularly to become the world’s biggest market, posing new challenges to safety regulators, airlines and governments. The Airbus A320, which vanished from radar early Sunday in storm clouds en route to Singapore from…

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Indonesia to Get U.S. Help in Search For Missing AirAsia airliner

Airasia flight path

The search for a missing AirAsia airliner with 162 people aboard will expand Tuesday, the Indonesian government announced. Four additional areas will be searched, the national search-and-rescue agency said. Seven zones were patrolled Monday, the second day of working to find AirAsia Flight QZ8501. So far, the search has been fruitless. “Our early conjecture is…

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Flight QZ8501 AirAsia Missing Over Pacific, After Pilots Request Course Change

AirAsia Airbus A320

Flight QZ8501 AirAsia Missing Over Pacific on a flight from Surabaya, Indonesia, to Singapore, shortly after the pilots requested to change the flightplan because of weather, the airline said today. The Airbus A320-200, which reportedly had 162 people on board, lost contact at 7:24 a.m. local time near Belitung Island, Indonesia, according to a statement…

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