Airlines
20,295 news found
AirlinesJet Airways: leasing companies ask back some planes?
Also stop the deliveries of the B-737 MAX
Some companies would have asked Jet Airways to pay the installments of the debts contracted or they will proceed to request the leased planes back, especially because a new postponement -after that of... more
AirlinesJoon closure. Financial analysts support the Smith's decision
From the next days connections will be operated by Air France aircraft
The decision taken by the CEO of the Air France-KLM Group Benjamin Smith to close the airline Joon and reinstate it in Air France was viewed positively by the financial analysts of the world's leading... more
AirlinesFlybe: does the Virgin Atlantic carrier buy it?
It will use combined with transatlantic flights
Virgin Atantic, together with Stobart and Cyrus, would have concluded an agreement -according to the British press- to complete the acquisition of the British regional carrier Flybe, in financial crisis... more
AirlinesAlitalia: passenger revenue growth continues in 2018
December thirteenth month in a row of increase
Alitalia's traffic-passenger revenues continue to improve: the Italian carrier recorded its thirteenth consecutive month of growth in December, with an increase of 5.3% compared to the same period of the... more
AirlinesEtihad: 50 pilots will be fired in January?
Plan for financial rehabilitation and restructuring of the carrier
Etihad Airways should fire 50 pilots, by the end of January, due to the economic losses suffered by the carrier last year, which would have forced the management to take this decision in order to avoid... more
AirlinesAlitalia. Elbers (KLM): "We work to insert it in the transatlantic joint-venture"
"Only by forming alliances it will be possibile to beat the competition"
Is there a backfire for Alitalia by the Air France-KLM Group? According to the CEO of Klm Pieter Elbers at "Il Sole 24 Ore", the Group's management, which brings together two of the leading Italian carriers,... more
AirlinesJoon: reinstatement in Air France in the next weeks
To resolve union question for flight attendants
In the coming weeks, Joon will return to be incorporated into Air France, after it was created in July 2017 by the former CEOs of Air France-KLM Jean-Marc Janaillac and the French carrier Franck Terner... more
AirlinesAlitalia, on-time performance and completion factor in 2018
According to an independent US company
Alitalia ranked second most punctual airline in Europe and eighth in the world in 2018 with 83.2 per cent of flights landed on schedule. Its on-time performance was for the twelve months of 2018 always... more
AirlinesAlitalia-Delta: management of the US carrier divided
Hauenstein and Bastian would see the investment in a different perspective
The manager of Delta Air Lines would be divided as regards the possible investment to be made in the plan of Ferrovie dello Stato (FS) for the relaunch of Alitalia. President Glen Hauenstein and CEO Ed... more
AirlinesHong Kong Airlines: emergency plan if the carrier fails
The government of the city-State prepares for every eventuality
The Hong Kong government is considering an emergency plan in case the Hong Kong Airlines should fail -due to the HNA Group's debts- during the Chinese New Year's peak period on February 5, providing that... more
AirlinesIAG: problems for the operation of carriers?
For Brussels they would all be extra-EU after Brexit
IAG (International Airlines Group) -which includes Iberia, British Airways, Aer Lingus and Vueling- may not maintain operational rights for its carriers in both the UK and the European Union when there... more
AirlinesDelta Air Lines orders 15 additional A-220 aircraft
Increases its commitment to 90 airplanes, including first for -300
Delta Air Lines has ordered 15 additional A-220 aircraft, bringing to 90 the total of the new generation, fuel-efficient jetliners the world’s second-largest airline has on order. The additional orders a... more
AirlinesSouth African Airways: desperate attempt to save the carrier
The government would not favor a new State loan
South African Airways is trying to renegotiate debts to avert bankruptcy. To succeed in this arduous task, the country's president Cyril Ramaphosa is trying to convince the government of Pretoria to intervene... more
AirlinesRyanair: three days of strike in Spain
Cabin assistants of two unions will protest again
The beginning of the year for Ryanair could see new strikes by cabin crews, especially in Spain where two unions have called three days of protest to ask the Irish low-cost carrier to respect the constitution... more
AirlinesAlitalia: meeting today between FS and Delta Air Lines
Negotiations continue, but the times will be longer
A delegation made up of executives and financial consultants of Ferrovie dello Stato (FS) will be today in Atlanta to meet the leaders of Delta Air Lines, so as to speed up the negotiation that aims to... more
AirlinesCroatia: new air carrier since 2019?
Smile Air will initially focus on the medium range
This year a new Croatian carrier could take off, namely Smile Air which was -as reported by the newspaper "Poslovni dnevnik"- in the register of legal entities of Zagreb by 2017, but as explained by the... more
AirlinesJet Airways: bank loan to "save" the carrier?
Tomorrow will be a meeting between the company's top management and the debtors
Jet Airways would be very close to sign an agreement with the State bank of India for a new loan of $ 215 million that would allow it to re-enter precious cash at the cash desk, managing to pay back wages... more
AirlinesHong Kong Airlines: insurance company will no longer cover tickets
Direct consequence of the financial crisis of HNA
A Hong Kong insurance company -Blue Cross Asia-Pacific Insurance Ltd- decided to no longer cover any losses if Hong Kong Airlines, controlled by the HNA Group, will be liquidated. The choice made also... more
AirlinesRyanair: CAA's issuing of UK AOC for UK
In a post Brexit environment, if necessary
Ryanair confirmed today that the UK CAA has issued Ryanair UK with a UK AOC, which will allow this UK airline to operate UK domestic and UK to non-EU routes in a post-Brexit environment, if necessary.The... more
AirlinesJet Airways rating downgraded at the defaulted company level
Concrete bankruptcy risk for the carrier
After yesterday the airline Jet Airways asked the creditor banks to postpone the payment of the debt installments due to the absence of liquidity in cash, the shares on the Stock Exchange fell and the... more
AirlinesCathay Pacific: 2018 closes with the sale of "discounted" tickets
Error caused by a problem with the reservation system
Problems continue to the computer systems of the carrier Cathay Pacific that after having suffered a cyber attack that caused the theft of documents of about 300,000 people, on New Year's Eve had a failure... more
AirlinesMoxy confirms order for 60 A-220/300 airplanes
US start-up and low-cost has selected the new Airbus model
The start-up US carrier code-named Moxy has signed a firm order with Airbus to purchase 60 A-220/300 aircraft. It is the new airline venture led by David Neeleman, one of the industry’s most innovative en... more
AirlinesQatar Airways: expansion plan in China?
Purchased 5% of China Southern Airlines
The growth and expansion of Qatar Airways continues, announcing the acquisition of 5% of the shares of the China Southern Airlines carrier, exploiting the will of Beijing to open up foreign investments... more
AirlinesJet Airways asks for postponement of payment of debts
The economic situation of the carrier is increasingly complicated
Jet Airways would have requested yesterday from some Indian banks to postpone the payment of the installment to pay off the debts, thus increasing doubts about the possible survival of the carrier, which... more
AirlinesNorwegian Air: the strange case of low-cost
Links increase, but profitability decreases
A particular situation is that of the Norwegian Air low-cost carrier which on the one hand increasingly its presence in transatlantic connections, but on the other continues to have serious economic problems... more
AirlinesBamboo Airways: new delay for the Air Operator Certificate
The date of the first flight of the Vietnamese company is postponed again
While President Trinh Van Quyet is still convinced that "his" Bamboo Airways will become in a few years the main carrier for all of Southeast Asia area, the civil aviation authority of Vietnam has not... more
AirlinesGol: 13 airplanes B-737/800 are sold
Objective: to get back from debt and renew the fleet
In order to reduce the debt probably the Brazilian airline Gol Linhas Aereas is trying to sign an agreement to sell 13 B-737/800 aircraft, in order to be able to replace them in the next 2 years with the... more
AirlinesCorsair: hitches in the sale of the carrier?
The consortium will see the number of shares reduced
After having decided to sell the Corsair carrier entirely, the tourist group TUI decided to not continue the process of selling 80% of the shares to the Intro Aviation-Crestline consortium, because -according... more
AirlinesAlitalia launches new partnership
Its customers can now access 29 million listings to find stay via a special integration
Alitalia, the Italian airline, announced today a new partnership with Booking.com, one of the world’s digital travel platforms. The commercial collaboration between the two companies is aimed at offering A... more
AirlinesHong Kong Airlines: dismissed part of the airline's management
Measure in protest of the cuts of the HNA Group?
The leaders of Hong Kong Airlines, controlled by the HNA Group, resigned en bloc, leaving the orphan carrier of the president, its deputy and the Chief Financial Officer. The motivations would be "personal",... more
AirlinesAlitalia: expiring miles date extended for 5 million members
Agreement with GLC, “MilleMiglia” is 100% owned by the Italian carrier again
The "MilleMiglia" programme is 100% owned by Alitalia again. Alitalia and Global Loyalty Company –a subsidiary of Etihad Aviation Group– have signed an agreement according to which Global Loyalty Company has... more
AirlinesWow Air: reduction of aircraft and personnel fleet
Is there the last move to avoid bankruptcy?
Iceland's low-cost airline Wow Air is increasingly at risk of bankruptcy because it will soon reduce its fleet to 11 airplanes (from the current 20) also cutting 111 jobs. This would be the only way both... more
AirlinesVirgin Atlantic: Branson warns about the risks of a hard Brexit
Blocking connections would cause many losses (even jobs)
On the sidelines of yesterday's launch of its SpaceShipTwo spacecraft, which reached 50 km above the Mojave spaceport, Richard Branson -the owner of the Virgin brand- also talked about air travel in general,... more
AirlinesUSA: the three main airlines will ask for explanations on the Air Italy routes
The same accusation made by the 11 senators
Not only the 11 US senators, but also the three major US carriers (American Airlines, Delta Air Lines and United Airlines) would be preparing an answer to the routes opened by Air Italy to the United States.... more
AirlinesAirAsia: inclusion of other potential buyers in the sale of 30 aircraft
Offers presented by at least 12 leasing companies
The procedure for the sale of 30 AirAsia airplanes to the US investment fund Castlelake seems to have been slowed down by the involvement of at least 12 other potential buyers, who would like to enter... more
AirlinesUnited: number of growing airline connections
Opposite trend to than the main rivals
While most airlines are experiencing periods of economic hardship due to the increased cost of fuel making them less profitable, United Airlines is working in the opposite direction, and instead of decreasing... more
AirlinesAlitalia: the Government's plan to relaunch the carrier
But what will happen if Delta backing out?
From yesterday's meeting to the ministry of economic development between the owner of the dicastery Luigi Di Maio and the unions to talk about Alitalia, the vice premier explained what should be the Government's... more
AirlinesAvianca Brasil: the carrier is filing for bankruptcy
Great opportunity for United Airlines
While the Avianca holding company from Colombia decides both to reduce the number of aircraft ordered to rationalize expenses and to aim for new generation airplanes, and to seek an agreement with Lufthansa... more
AirlinesAirAsia: close the sale of 30 airplanes to a US fund
Agreement worth around 800 million dollars
Investment company Castlelake LP is close to signing a $ 800 million deal with AirAsia from which it will purchase 30 narrow-body planes, then lease them again, allowing the US fund to make an important... more
AirlinesLion Air: it fells the first effects of the plane crash
Passengers decreased by 5%, but the CEO reassures on the health of the carrier
As expected, the number of passengers who used Lion Air aircraft in November decreased by 5% from last year, "frightened" by the accident on October 29 when a B-737 MAX 8 of the Indonesian company it crashed... more
AirlinesWizz Air: Váradi's goal is to make it the low-cost reference
This is why the company will focus on the new A-321neo aircraft
Speaking at the "CAPA World Outlook" conference in Berlin, the CEO of Wizz Air József Váradi said that with the arrival of the A-321neo aircraft in the low-cost fleet revenues will probably increase, k... more
AirlinesAvianca Brasil: 11 planes could be forfeited
United hopes to take control of the holding company
Soon the airline Avianca Brasil could be issued an injunction for the delay on the leasing payments of 11 airplanes, which would be seized and returned to the owners. A loss of 20% of the current Airbus... more
AirlinesJet Airways: all employee salaries will be paid by April
In the meantime negotiations with Etihad and with the banks continue
Jet Airways has explained that in the next months will pay all the rear arrears in a deferred manner, so as to avoid new strikes by the pilots that could only aggravate the financial situation of the carrier.... more
AirlinesJazeera Airways: early an order for aircraft worth $ 3 billion
It aims to become the low-cost reference for the Middle East, and beyond
Jazeera Airways by the beginning of next year should order 25 aircraft from Airbus or Boeing in a deal that could be worth about 3 billion dollars, and as explained the CEO Rohit Ramachandran the airline... more
AirlinesWill a legal action induce Ryanair to pay for post-strike reimbursements?
UK Civil Aviation Authority proceed legally in this direction
The United Kingdom Civil Aviation Authority (CAA) will take legal action against Ryanair to pay compensation for passengers affected by the strikes of low-cost personnel this summer. The protests would... more
AirlinesAir France: the leader of the pilots union SNPL discouraged
Victory of the conciliatory line to the agreements with the company
The leader of the largest French pilots union (SNPL, Syndicat National des Pilotes de Ligne) Philippe Evain was discouraged yesterday during the assembly of members, reaching 41st out of the 48 Air France... more
AirlinesJet Airways: meetings with Etihad for the rescue of the carrier
The Abu Dhabi airline asks in return for "full powers" on the company
Etihad Airways is negotiating with Jet Airways to try to create a rescue plan for the Indian company that is 24% owned by the Abu Dhabi's carrier. The managers of the two companies have met several times... more
AirlinesThomas Cook: risk of airline default increased to 60%
The CEO tries to identify investors
The cost of debt insurance issued by the Thomas Cook airline to avoid insolvency has reached very high levels and the value of the shares has collapsed, due to the strong concerns of investors about the... more
AirlinesAlitalia: extension of the bridge loan until the purchase of the carrier
The deadline is the June 30, 2019
According to the draft of the decree law for the extension of the bridge loan for the Alitalia carrier, which will be issued next Wednesday during the Council of Ministers, the deadline for repaying the... more
AirlinesLion Air: idea to cancel the order of 190 aircraft from Boeing?
Relations to the minimum between the two companies, but the risk is a very high penalty
The Lion Air company would be evaluating -as report by local sources- the option to cancel all orders of aircraft from Boeing after the relations between the two companies have cracked as a result of the... more