Asian Airlines Increase Fuel Hedging

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Published: September 25, 2014

Airlines in Asia are stepping up jet fuel hedge volumes after oil prices fell below USD$ 100 a barrel, with some locking in fuel purchases as far out as 2016. Airlines have been cautious about fuel hedging since 2008, when several large carriers scrambled to lock in fuel needs as oil prices surged above USD$ […]

Lufthansa Pilots Threaten Strike As Talks Fail

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Published: September 25, 2014

German pilots’ union Vereinigung Cockpit is planning further industrial action at Lufthansa after talks over an early retirement scheme broke down. The union, which has already held four strikes so far this year over the matter, said it would give notice of any strikes. VC wants Lufthansa to maintain a scheme that allows pilots to […]

Airbus Raises Jet Demand Forecast

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Published: September 25, 2014

Airbus has raised its 20-year forecast for aircraft demand citing growth in emerging markets, with China on the brink of becoming the world’s aviation powerhouse. Airbus said it saw strong demand for wide-body long-haul jets as airport constraints force airlines to upgrade from smaller planes on some routes, and said it might speed up production […]

Five Airlines To Face US Price-Fixing Claims

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Published: September 25, 2014

Five international airlines must face a class-action lawsuit from passengers accusing them of fixing the prices of tickets on trans-Pacific flights, a US judge has ruled. But in doing so, US District Judge Charles Breyer in San Francisco narrowed the suit, ruling that certain fares to the Philippines and Japan are exempt from price-fixing claims […]

Monarch Airline Set To Be Bought By Greybull Capital

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Published: September 24, 2014

British travel company Monarch is set to be acquired by Greybull Capital after the London-based family investment firm was named as its preferred bidder. The new owner would invest around GBP£75 million (USD$ 122.87 million) in the airline, a person familiar with the matter said, to help fund its plan to turn into a budget […]

Air France Low-Cost Plan Withdrawn – Minister

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Published: September 24, 2014

French Transport Minister Alain Vidalies said on Wednesday that Air France-KLM had withdrawn a project to expand its low-cost Transavia unit, apparently going further than the company’s management which has sought to insist the plan is only suspended. Pressure has mounted on the airline group to drop the expansion plan in the face of a […]

CSA Czech Airlines To Lay Off A Third Of Staff

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Published: September 24, 2014

CSA Czech Airlines will lay off a third of its staff, including pilots, as part of a restructuring hastened by a drop in demand exacerbated by the stand-off between Ukraine and Russia, the company said. CSA has been selling assets and shrinking its fleet in an attempt to reverse losses that have dogged the company […]

Bombardier In Talks On CSeries Launch Operator

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Published: September 24, 2014

Bombardier is in advanced talks with an unidentified airline that could become the first operator of the CSeries. Bombardier spokesman Marc Duchesne said the company is in discussions to determine the first airline that will take delivery of the new aircraft next year. Duchesne did not identify the airline. In August, Malmo Aviation, owned by […]

US Forecasts Over 500,000 Ebola Cases In W. Africa

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Published: September 24, 2014

Global experts issued stark new warnings of the scale of West Africa’s Ebola outbreak on Tuesday, with the US CDC estimating between 550,000 and 1.4 million people might be infected in the region by January. The US Centers for Disease Control and Prevention (CDC) said its projection was based on data from late August and […]

US Flight Diverted After Passenger ‘Became Disruptive’

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Published: September 23, 2014

A Los Angeles-bound Virgin America flight was diverted to Omaha on Monday after a passenger “became disruptive” and had to be restrained, an airport official said. Passengers reported the 28-year-old man tried to open an aircraft door during the flight from Boston. The Airbus A319 made an emergency landing at Eppley Airfield just before 10 […]

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