Posts Tagged ‘Airlines’
Ryanair boss O’Leary predicts Europe will only have five airlines in five years time future
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…
Read MoreSingapore Airlines places $14bn Boeing jets order
Singapore Airlines (SIA) announced a provisional order worth 13.8bn at list prices to buy 39 Boeing wide-body planes yesterday as it battles Gulf carriers, dealing a blow to Airbus in the key market for big twinjets. SIA signed a letter of intent with Boeing for 20 777-9s and 19 787-10s to tap additional passenger growth…
Read MoreLow-cost air travel will drive trillion-dollar airline spending spree, says Boeing
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…
Read MoreDozens of Boeing and Airbus deliveries put back by Turkish Airlines
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…
Read MoreDark Clouds Loom for Airlines Even as Their Profits Take Off
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…
Read MoreBoeing says domestic airlines moving closer to break-even
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…
Read MoreSenate report urges government crackdown on 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…
Read MoreE.P.A. Says It Will Set Rules for Airplane Emissions
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…
Read MoreEurope’s Top Airlines to Spend Billions in Battle to Win Back Passengers
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…
Read MoreAirliner Tragedies Cry Out For Real-Time Data
After more than two days of anxious waiting, searchers finally found bodies and debris from AirAsia Flight 8501 floating in the Java Sea on Tuesday. But the jet itself was still missing, officials could only guess why it crashed, and grieving families were left to suffer through the uncertainty. Needlessly. Technology has long existed to…
Read MoreBombardier signs US$1.4 billion Contract for 24 CRJ900 NextGen aircrafts
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…
Read MoreTop 10 Airline Industry Stories For 2014
Here are top ten Airline stories for 2014, with a strong bias towards the U.S. airline industry. No. 1: The Wright amendment ends, and Love Field booms. For nearly 35 years, the federal law known as the Wright amendment kept the shackles on Dallas Love Field. On Oct. 13, the shackles came off, and airlines…
Read MoreCheaper Fuel Could Mean Drop in Airline Ticket Prices
While you’re saving money at the pump right now, it might be a few months before you notice cheaper airline ticket prices. After paying nearly $4 for a gallon of gas for several years, experts said most people probably aren’t changing their travel plans right away — even though prices have been cut in half.…
Read MoreAirline Changes to Frequent-flyer Programs Snub Rank-and-File Patrons
This was the year in which airline passengers learned where they really stood with the big carriers they’ve been loyal to over the years. Beginning Jan. 1, Delta Air Lines will start handing out frequent-flyer miles based not on distance traveled, which is how it’s been up to now, but on dollars spent. Travelers who…
Read MoreFlight 8501 Disaster Highlights Asia’s Aviation Challenges
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…
Read More2014 – Worst Year For Modern Day Aviation?
The disappearance of AirAsia Flight 8501 between Indonesia and Singapore over the weekend caps a bizarre year in aviation, marred by a series of missing planes and air disasters. But could 2014 be the worst year in recent aviation history? Yes and no. Depends on how you define “worst.” Crashes In terms of crashes, 2014…
Read MoreWhich Airlines Have The Healthiest Food?
Business fliers looking for a healthy meal are in luck if they book a flight on Virgin America. But they might need to tote their own nutritious snacks on some other airlines, according to a new survey. In an annual analysis of the snacks and meals offered by 13 major carriers, Virgin America came out…
Read MoreAirbus A320: A Global, Short-Range Single-Aisle Workhorse
Much has been said about the rivalry between Airbus and Boeing and the Airbus A320 features prominently in this. The twin-engined A320 entered service in 1988, some two decades after its single-aisle rival, Boeing’s 737. There have been a total of 11,163 orders for the A320, with 6,331 deliveries to date and slightly less aircraft…
Read MoreIndonesia to Get U.S. Help in Search For Missing AirAsia airliner
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…
Read MoreFlight QZ8501 AirAsia Missing Over Pacific, After Pilots Request Course Change
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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