Reading Time: 1 minute American Airlines has introduced a new policy to control and reduce rebooking of delayed or cancelled flights for economy passengers on other airlines. A new policy at American directs airport agents not to rebook economy passengers on competing airlines — with no stated limit on how long they must wait for a seat on another […]
Reading Time: 1 minute The United States is ready to assist the Russian authorities in investigating the crash of the An-148 aircraft in the Moscow region, President of the United States Donald Trump said in a telephone conversation with Russian President Vladimir Putin, according to the White House press service. According to the press service, Donald Trump expressed his […]
Reading Time: 2 minutes Brazil Congress’ lower house has approved an Open Skies agreement between the U.S. and Brazil, which in turn means that the way has been further cleared for an intended partnership between American Airlines Group and LATAM Group SA (LATAM). The agreement still requires ratification from the Brazil Senate. Having been signed in 2011, the agreement […]
Reading Time: 1 minute The US and the European Union (EU) are amending two joint agreements expanding cooperation on aviation safety and air traffic management (ATC) modernization. Officials from FAA, the EU and the European Commission co-signed the amendments in Brussels Dec. 13. The amendment to the US-EU Safety Agreement, which originally took effect May 1, 2011, enables the […]
Reading Time: 3 minutes By the time the Thanksgiving holiday wraps up next Monday, Delta is expected to have flown more than 4.85 million people — many infrequent flyers — to visit loved ones at hundreds of destinations around the world. The airline will fly more than 46,000 mainline and Delta Connection flights from Saturday, Nov. 18 through Monday, […]
Reading Time: 1 minute Qantas has released, that it will operate the world’s first bio-fuel flight between the United States and Australia. The Los Angeles to Melbourne flight will take place early next year, in collaboration with World Fuel Services and Altair Fuels, and will see Qantas’ new Dreamliner being powered by Brassica Carinata (carinata), a non-food, industrial type […]
Reading Time: 2 minutes Southwest Airlines weathered hurricanes and a competitive fare environment to post a 29.6% year-over-year (YOY) net profit gain in the third quarter, and the Dallas-based carrier is confident about its prospects for 2018. Citing multiple hurricanes that affected key Southwest markets—costing the Dallas-based carrier $100 million in lost revenue—as well as the mass shooting in […]
Reading Time: 1 minute JetBlue Airways has reported its results for the third quarter 2017. The airline reported operating income of US$310m, a decrease of 12.4% from the third quarter of 2016. Pre-tax income was US$293m, a decrease of 11.2% from the third quarter of 2016. Third quarter net income was US$179m million, this compares to JetBlue’s third quarter […]
Reading Time: 2 minutes Further airline industry consolidation is unlikely in the US in the near future, but carriers may seek to grow through joint ventures or investments in foreign airlines, according to PricewaterhouseCoopers (PWC). “I see no signals that further consolidation is imminent,” Jonathan Kletzel, PWC principal for travel and transportation, said at the IATA AGM in Cancun. […]
Reading Time: 1 minute US airlines have emerged from years of losses and bankruptcy to being among the most profitable in the world, but rising costs could derail them from this trajectory unless further transformation happens, consultants say. “Over the last 15 years, airlines have flipped their role, going from consistently loss making to consistently profitable,” Seabury Consulting managing […]