Tag: airline industry

Ryanair Full Year 2018 Profits Rise 10% to €1.45 Billion

Reading Time: < 1 minute Ryanair has reported a 10% increase in full year profit after tax to €1.45bn, as lower fares (down 3%) stimulated 9% traffic growth to over 130m guests and 95% load factor. Average fares last year declined by 3% and traffic grew 9% to over 130m with Germany, Italy and Spain being the 3 largest growth […]

WOW Air Announces New Route from the U.S. to India via Iceland

Reading Time: < 1 minute WOW air announced it will launch a new route from the U.S. to Indira Gandhi International Airport (DEL) in Delhi, India via Iceland. The route will provide millions of Americans in nine major cities across the country affordable access to the bustling Indian metropolis. The route will launch December 5, 2018, giving business and leisure […]

Boeing, SkyUp Airlines Finalize Order for Five 737 MAX Airplanes

Reading Time: < 1 minute Boeing and SkyUp Airlines announced they have finalized a firm order for five 737 MAX airplanes valued at $624 million at list prices. The order includes two 737 MAX 8 and three 737 МАХ 10 jets. “Distinctive dispatch reliability, low operational costs and passenger comfort were the main factors for choosing the 737 MAX,” said […]

Lufthansa Cuts Plans for 2018 Due to A320neo, CSeries Delays

Reading Time: < 1 minute Lufthansa Group has cut its capacity growth projection for 2018 from 12% announced in January to 9.5% due to the delays in deliveries of both A320neo and Bombardier CSeries aircraft, CEO Carsten Spohr said during the presentation of annual results for 2017 on March 15, 2018. According to the ch-aviation fleets module, Lufthansa has so […]

American Airlines Resolves Gate Dispute with Chicago O’Hare

Reading Time: < 1 minute At the end of February, American Airlines had made it clear that it was not prepared to sign a new lease as current plans stood for the US$8.5 billion revamp of O’Hare Airport. American’s 35-year lease at O’Hare ends in May. The principal cause of the discontent was the supposed “secret” allocation of five of […]

Indian Government Clears Way for Major Foreign Investment in Air India

Reading Time: 2 minutes In a politically charged move, the Indian Narendra Modi government has agreed to sell a 49% stake in the state-owned flag carrying airline, Air India, thus still retaining a controlling interest. This is seen as a strategic divestment of an airline which has failed to show an annual operating profit for over ten years, and […]

European Union Sounds Alarm on Brexit Aviation Crisis

Reading Time: 3 minutes With every ticking minute towards the day when the UK exits the European Union (EU), anxiety is growing among those in the airline industry about when replacement agreements will be secured to ensure uninterrupted commercial air traffic in and out of the UK. Anxiety levels ratcheted up several more notches in mid-December when the European […]

Delta Now Hiring More Than 1,000 Flight Attendants

Reading Time: 2 minutes With more than 1,000 open positions for 2018, Delta is seeking dedicated, service-oriented professionals who love to be on-the-go, help others and enjoy variety in their work. Last year 150,000 applicants applied for roughly 1,200 coveted flight attendant jobs at Delta. After reviewing 35,000 video interviews and conducting 6,000 in-person interviews, fewer than 1 percent […]

Boeing Provided Monarch With $130m Bailout In 2016

Reading Time: < 1 minute Boeing  reportedly injected GBP100 million (USD131 million) into Monarch Airlines  last year as part of a bailout that briefly kept the airline operational, reports The Financial Times. However, the cash payments, which were paid over a period of six months from October 2016 into Monarch’s holding company, the Jersey-based Petrol Jersey Limited, weren’t enough to […]

Hurricane Irma Could Cost The US Airline Industry $2.5 Billion

Reading Time: 4 minutes As the most powerful hurricane ever recorded in the Atlantic bears down on Miami, the impact that this superstorm will have on aviation is perhaps the last thing on the mind of the more than 20 million Americans that call the state of Florida home. Hurricane Irma is currently battering the Caribbean, causing billions of […]