Airbus to lower A330 production rate to nine monthly next year

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Published: October 17, 2014

Airbus said it will build nine A330s per month instead of the current production rate of 10 starting in the 2015 fourth quarter. Airbus EVP-programs Tom Williams said the switch will allow the manufacturer “to maintain a smooth production flow” as it prepares to transition to the re-engined A330neo , which is expected to enter […]

Delta Air Lines earns $357 million 3Q net profit

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Published: October 17, 2014

Delta Air Lines posted net income of $ 357 million for the third quarter, down 74% from a net profit of $ 1.37 billion in the 2013 September quarter . The Atlanta-based airline noted its third-quarter pre-tax income excluding special items was $ 1.6 billion, a $ 431 million improvement year-over-year. Third-quarter revenue rose 7% […]

AEA CEO acknowledges need for European airline consolidation

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Published: October 17, 2014

Subscribe to Access this Entire Article “AEA CEO acknowledges need for European airline consolidation ” is part of ATW Plus , our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click […]

KLM president & CEO resigns

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Published: October 17, 2014

KLM Royal Dutch Airlines has announced that president and CEO Camiel Eurlings has resigned. Pieter Elbers to succeed Eurlings, effective immediately. The announcement was unexpected. Eurlings became CEO on July 1, 2013, following the retirement of Peter Hartmann . Eurlings is a former Dutch transport minister and member of the European Parliament. He is also […]

ACI Europe calls for urgent coordination on EU-wide response to entry screening

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Published: October 16, 2014

The European regional branch of the Airports Council International (ACI Europe) is calling for “urgent coordination” between health authorities at a European Union (EU) level over the implementation of screening at airports and any potential risks to air travelers. ACI Europe said such coordination “should involve clear and unequivocal communication of risk assessment as regards […]

Heathrow agrees to sell Aberdeen, Glasgow and Southampton airports

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Published: October 16, 2014

Heathrow Airport Holdings will sell off Aberdeen, Glasgow and Southampton airports to a consortium of Ferrovial and Macquarie in a deal worth £1.048 billion ($ 1.68 billion). The long-awaited sale, announced Oct. 16 and subject to European merger regulations, and is expected to close in 2015. Ferrovial Aeropuertos SAU, a Ferrovial subsidiary, and Macquarie’s Infrastructure […]

Gambia Bird’s Freetown-London permit revoked due to Ebola fears

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Published: October 16, 2014

Banjul-based Gambia Bird Airlines has been forced to postpone its planned resumption of flights between London and the Sierra Leone capital Freetown Friday following the UK Department for Transport’s (DfT) decision to revoke the airline’s permit for direct flights between the two cities. Gambia Bird said the reason given by the DfT for its decision […]

TSA administrator Pistole to step down Dec. 31

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Published: October 16, 2014

US Transportation Security Administration (TSA) head John Pistole will retire effective Dec. 31, TSA announced Thursday. Pistole, formerly the number two official at the Federal Bureau of Investigation, has been the TSA administrator since June 2010, overseeing a sprawling agency with 60,000 workers and the responsibility for security at more than 450 US airports. “It […]

Air France, pilots reach tentative Transavia deal

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Published: October 16, 2014

Air France-KLM Group and its pilot unions have reached an agreement over one of the most fractious aspects of the recent damaging strike by the cockpit crews. A major area of dispute during the 10-day strike was Air France Group’s plans for its Transavia low-cost (LCC) subsidiary. Transavia currently operates only from France and the […]

SAS Scandinavian Airlines rules out low-cost carrier strategy

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Published: October 16, 2014

SAS Scandinavian Airlines president and CEO Rickard Gustafson has said he will push to make the airline’s mainline division more competitive, rather than setting up a low-cost unit. The comments, which were said at the release of SAS’ third-quarter results , follow Air France-KLM and Lufthansa’s drive to develop their budget operations under a separate […]

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