Category: Airlines & Airports

Air Canada to Retire Embraer 190s by 3Q19

Air Canada will retire its remaining twenty-five EMB-190IGWs prior to the commencement of CS300 deliveries scheduled for late 2019, Chief Financial Officer Mike Rousseau said during an FY2017 earnings call on February 16. “We have made decisions to accelerate the removal of the EMB-190s from our mainline fleet. To do this we will retain the […]

Newly Branded Air Italy Aims to Become Italy’s Premier Airline

Meridiana, Italy’s long established privately owned airline, has announced an exciting new phase of growth and development with its new identity as Air Italy. Qatar Airways previously strengthened its commitment to Italy in 2017 with the acquisition of 49 per cent of AQA Holding, the new parent company of Air Italy, while the previous sole […]

Philippine Airlines Considering Airbus A350-1000

Philippine Airlines would consider the A350-1000 as a potential acquisition, airline president Jaime Bautista has announced. “It is one airplane we can consider. It is a bigger version of the A350-900,” he was quoted by Reuters in Manila last week. PAL currently has six A350-900s due from Airbus of which the first is expected to […]

Airlines Under Pressure from Higher Wages and Increased Fuel Costs in 2018

Investors will be keeping a keen eye on how airlines approach the dual problems of rising fuel costs and labor costs this year. Last December the International Air Transport Association (IATA) highlighted these two elements, which are airlines’ highest expenditures, as the major challenge for 2018. In 2016, labor costs accounted for 22% of airlines’ […]

Airbus’ A321LR Goes the Distance to Open New Horizons For Airlines

The best-selling A320 Family marked a new milestone with Paris-to-New York nonstop flight flown by the A321LR – demonstrating this jetliner version’s ability to serve new markets and operate on heavily-travelled North Atlantic routes with the highest levels of efficiency and comfort. The LR designation is for ‘long range’ and with good reason: the A321LR […]

Air Arabia Delivers Record 2017 Net Profit of AED 662 Million

Air Arabia (PJSC) has announced full-year financial results for 2017 as the Middle East and North Africa’s first and largest low-cost carrier once again delivered high levels of profitability and growth across the breadth of its operations. Air Arabia’s net profit for the full year ending December 31, 2017 was AED 662 million, a 30 […]

Smart Way for Estonia to Avoid Illegal State Airline Support?

2015 was a rough year for Estonia and its national flag carriers. After European Commission concluded the airline had been given illicit state aid, Estonian Air went bankrupt as it could not afford to return the sums – € 85 million. At the same period of time, as a contingency plan, Estonian state established new […]

London City Airport Closed Following Discovery of WWII Bomb

London City airport has halted all flights until further notice following the discovery of an unexploded World War II-era ordnance in the nearby river Thames. Officials from the Metropolitan Police are working closely with the Royal Navy to safely remove the bomb that was located near the airport’s runway. An exclusion zone around George V […]

Record Low for ‘Bumped’ U.S. Passenger Numbers in 2017

The U.S Transportation Department has released 2017 figures for the number of passengers ‘bumped’ off flights, revealing a total of 23,223 passengers were forced off an aircraft or had their flights tickets revoked. This equates to a figure of approximately one passenger for every 29,000 travelers. The biggest ‘culprit’ was Southwest Airlines, which accounted for […]

Emirates Firms Up Orders for 36 A380s Worth US$ 16 Billion

Emirates, the world’s largest international airline, signed a contract for 20 additional A380 aircraft and 16 options, firming up the Memorandum of Understanding (MoU) that was announced in January. The total agreement for 36 aircraft is valued at US$16 billion based on latest list prices. Deliveries are to start as early as 2020. In the […]