Category: AIRLINES & AIRPORTS

Philippine Airlines Considering Airbus A350-1000

Reading Time: < 1 minute 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

Reading Time: 2 minutes 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

Reading Time: 2 minutes 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

Reading Time: 3 minutes 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?

Reading Time: 3 minutes 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

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: 2 minutes 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 […]

Uzbekistan Airways Allowed to Sell Tickets Below Cost

Reading Time: < 1 minute The President of the Republic of Uzbekistan signed Measures to Boost Tourists Inflow Decree, which entitled Uzbekistan Airways to sell air tickets for international flights at below-cost prices. According to the decree, Uzbekistan Airways’ tax base will be reduced by the value of air tickets sold at reduced prices. Uzbekistan Airways is recommended, in coordination […]

British Airways Owner Calls for Break-up of Heathrow Monopoly

Reading Time: 2 minutes Heathrow’s monopoly should be broken-up with the ability for terminals to be run by third parties, creating competition and lower costs for customers, says International Airlines Group (IAG). In a submission to the Civil Aviation Authority (CAA), IAG says that Heathrow’s expansion provides a great opportunity for independent companies to design, build and run commercial […]