Ethiopian To ‘Take Advantage’ Of Intra-African Routes

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Published: November 20, 2014

Ethiopian Airlines hopes a decision to open up intra-African aviation routes will be fully implemented in 2015. Many African states adopted the Yamoussoukro Decision in 1999 to open intra-African aviation routes but so far the decision has not been implemented by governments, meaning air travel between countries in Africa largely remains restricted. “The hubs that […]

Delta To Buy 50 Wide-Bodied Airbus Jets

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Published: November 20, 2014

Airbus has won an order from Delta Air Lines for 50 long-haul, wide-bodied jets worth around USD$ 14 billion at list prices, according to people familiar with the matter. The order, to be split between the A350-900 and the recently announced A330neo, follows a closely fought competition with Boeing. Airbus emerged as the front-runner in […]

Airbus To Deliver First A350 Mid-December

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Published: November 20, 2014

Airbus aims to deliver the first A350 to launch customer Qatar Airways by mid-December, according to the airline. Gulf News quoted Qatar’s chief executive Akbar Al Baker as saying the mid-sized jet would be delivered between December 12 and 15. “Everything is perfect,” Al Baker said, according to the newspaper. The A350, Airbus’s newest plane […]

Portugal Expects Competing Bids For TAP

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Published: November 20, 2014

The Portuguese government expects to receive at least two rival bids for flag carrier TAP, according to state secretary for transport Sergio Monteiro. Last week, the government announced the re-launch of the privatization of TAP, in which it plans to sell a 61 percent controlling stake to one or several large investors. Monteiro said the […]

Emirates Targets 8-10 Percent Profit Growth

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Published: November 20, 2014

New aircraft and routes will help Emirates grow profit by no less than eight to ten percent in coming months, its president Tim Clark said. “We will continue to grow at a percentage which is never going to be less than about 8-10 percent, and that’s a conservative figure,” Clark said on the sidelines of […]

NTSB Says FAA Can Enforce Rules On Drones

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Published: November 19, 2014

The US NTSB has ruled that the FAA has the authority to apply to unmanned aircraft its longstanding regulations against “reckless or careless use” of manned aircraft. As a result of the decision, which was the National Transportation Safety Board’s first involving a Federal Aviation Administration fine against a drone, the case will be sent […]

Lufthansa Signs IT Outsourcing Deal With IBM

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Published: November 18, 2014

Lufthansa has awarded IBM an outsourcing contract worth EUR€1 billion (USD$ 1.25 billion) that will see the US company take over the airline’s information technology infrastructure services division and staff. The move is part of plans by Lufthansa to restructure and cut costs as it seeks to compete with fast-growing rivals in Europe and the […]

Malaysia Airlines Delays Q3 Results

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Published: November 18, 2014

Malaysia Airlines has delayed the release of its third-quarter results to November 28 to allow time to include more details. The state-run company was scheduled to report results for the July-September period on Tuesday, its last set of earnings before going private. The third quarter would have been one of its worst ever quarters as […]

easyjet Full Year Profit Jumps 21.5 Percent

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Published: November 18, 2014

British low-cost airline easyJet reported a 21.5 percent rise in pretax profit to GBP£581 million (USD$ 909 million) for the year ended September 30. The airline said it would lift its ordinary dividend per share by 35.5 percent to 45.4 pence, in line with a proposal made earlier this year to reward shareholders with a […]

Air France-KLM To Allow Alitalia Stake To Be Diluted

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Published: November 18, 2014

Air France-KLM plans to allow its stake in Alitalia to be diluted after Etihad Airways secured European Union approval to acquire 49 percent of the loss-making Italian airline. The deal with Etihad is part of a EUR€1.76 billion (USD$ 2.2 billion) rescue plan for Alitalia, which doubled its net loss to EUR€569 million last year, […]

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