All Airlines articles – Page 342
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NewsAir freight falls again in November but pressure easing: IATA
IATA’s latest air freight market analysis, which details figures for November 2019, noted that industry-wide freight tonne kilometres (FTKs) dipped by 1.1% year on year. This marked the 13th consecutive month of year-on-year decline in air freight volumes.
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NewsAirlines reroute to avoid Iranian and Iraqi airspace
Airlines operating between Asia and Europe are rapidly adjusting their flightpaths to avoid Iranian and Iraqi airspace, following military conflict between Iranian and US forces in Iraq and the crash of a Ukrainian International Airlines Boeing 737 after take-off from Tehran.
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NewsUnited records $90m impairment on Hong Kong routes
United Airlines will record a special non-cash impairment on its Hong Kong routes owing to a fall in demand. The Chicago-based airline will take a $90 million impairment on its routes to the Asian city, which are pledged under its $1.5 billion 2017 term loan, due to lower unit revenues ...
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NewsJetBlue to be first major US airline to offset all emissions from domestic flights
US low-cost carrier JetBlue says that it will offset all of its emissions from domestic flights beginning in July 2020, becoming the first major US airline to do so in an effort to reduce its carbon footprint from flight operations.
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NewsGaruda delays fundraising for debt repayment
Garuda Indonesia has delayed plans to raise up to $900 million in funds meant for refinancing its debt.
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NewsCitilink signals shift away from European long-haul plan
Indonesia’s Citilink appears to have shelved plans for long-haul flights to Europe, pivoting towards Asia instead. Commenting on its first widebody aircraft, an Airbus A330-900neo received from Avolon last month, vice-president for corporate secretary and corporate social responsibility Resty Kusandarina says, “The aircraft is being prepared for [international] expansion and ...
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NewsIndiGo parent calls EGM as co-founder seeks to ease share rules
IndiGo Airlines parent Interglobe Aviation has called an extraordinary general meeting for 29 January to consider a proposal by one of its co-founders to amend its articles of association covering rules around the sale and acquisition of shares by its two major shareholders.
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NewsIATA sees strong response to airline gender diversity initiative
IATA is pointing to a strong response from airlines to its recently launched 25by2025 initiative on improving female representation within senior leadership teams across the industry.
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NewsBA begins offsetting domestic flight emissions
British Airways has begun offsetting the emissions from all of its UK domestic flights as part of its ambition to become carbon neutral by 2050. As of 1 January 2020, emissions released by BA flights are being offset through investments in verified carbon-reduction projects around the world. BA operates up ...
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NewsAmerican Airlines expects to share 737 Max compensation with employees
American Airlines says it is still negotiating a compensation agreement with Boeing for the grounding of the airline’s 737 Max fleet, now in its 10th month, and that it expects to share the proceeds with its employees.
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NewsImproved fatal airline accident trend takes step back in 2019
Fatal airline accident data for 2019 appears to confirm that a long period of consistent improvement in airline safety statistics is coming to an end. Until now, modern airline safety performance had improved relentlessly, decade by decade, since the Second World War.
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Airline BusinessHow the airline story unfolded across the last decade
A year-by-year view of some of the key images, stories and themes that helped shape development of the airline industry since 2010 and are setting the agenda as a new decade begins
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NewsA decade of Airline Business covers
Airline leaders from across the globe – and covering a range of business models – have featured on the cover of Airline Business in the past 10 years. Here are some of the highlights
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NewsCirium names Aeroflot as 2019’s most on-time mainline airline
Russian flag carrier Aeroflot is ranked as the world’s most punctual mainline airline in the On-Time Performance (OTP) Review released today by Cirium.
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Airline BusinessDecade of mainline fleet evolution driven by growth and consolidation
Last year the aviation industry marked the centenary of international air travel. While much changed over those first 100 years, the most recent decade has seen some remarkable developments with unprecedented growth in commercial fleets driven by the expansion of the low-cost sector and the rise of new entrants. There have also been some interesting changes in the size and shape of the major airline groups, measured by fleet size.
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NewsJetstar carriers in codeshare partnership with Air France-KLM
Jetstar and Jetstar Asia have signed codesharing agreements with Air France and KLM for flight connections in Singapore and Denpasar. . The deal allows KLM to place its code on Jetstar-operated flights from Denpasar to four Australian destinations, the carrier says. Meanwhile, Air France and KLM will ...
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News LOT sharpens US focus with Washington link
LOT Polish Airlines will next year extend its US network with the launch of flights from Warsaw to Washington Dulles. The airline will operate the Dulles route three times per week from 2 June 2020 using Boeing 787s, the US airport has disclosed. “A direct flight from Warsaw to Washington ...
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NewsBoeing clashes with FAA over 727 auxiliary tank explosion risk
Boeing and the US FAA have clashed over a safety modification for Boeing 727s, with the regulator rejecting three attempts by the airframer to have the proposal withdrawn. The FAA’s concern centres on 727s fitted with Boeing’s body-mounted auxiliary fuel tanks. It argues that the fuel-quantity indicating system presents a ...
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Airline BusinessRising costs may threaten US majors’ profit margins in 2020
Consumer confidence in the US economy and a declining unemployment rate drove demand for air travel in 2019. That was good news for the four major US carriers, but for three of them there was the question of whether they would have the aircraft to meet that rising demand.
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NewsJeju Air delays acquiring majority stake in Eastar Jet
Jeju Air has delayed acquiring a majority stake in compatriot Eastar Jet as it needs time to conduct due diligence on the latter. Jeju expected to complete the stock sale and purchase contract by 9 January, but this has been pushed back until the end of the month. “The above ...