Pratt Says A320neo Engine Problems Solved By April

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Published: February 12, 2016

February 12, 2016 Any problems with the Airbus A320neo’s engines should be solved in the coming weeks, engine maker Pratt & Whitney’s President Robert Leduc said. “By April, most of that will be solved,” Leduc said at the official delivery of the first A320neo. Lufthansa became the first airline to take delivery of the A320neo […]

Direct Reservations Boost TripAdvisor

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Published: February 12, 2016

February 11, 2016 Travel review website operator TripAdvisor reported net income up 27 percent in the fourth quarter as more users reserved hotels directly from its website. Net income for Q4 2015 was USD$ 66 million. Q4 revenue rose 7.3 percent to USD$ 309 million, with full year 2015 revenue USD$ 1.49 billion, up 20 […]

Quebec Considering Further Investment In Bombardier CSeries

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Published: February 12, 2016

February 11, 2016 Quebec said it will consider contributing further to Bombardier’s CSeries jet, after investing in the troubled aircraft last year, Canadian media reported. Quebec’s Transport Minister Jacques Daoust said in the province’s parliament that he would be willing to help Bombardier once again if the Canadian government failed to invest in the Canadian […]

American Flight Diverted After Cabin Smoke Report

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Published: February 12, 2016

February 11, 2016 An American Airlines flight made an emergency landing in Los Angeles after smoke was reported in the cabin, local media reported. The smoke report prompted the emergency landing, local broadcaster Fox 11 said, adding that some passengers felt sick and requested medical treatment. Airline spokesman Ross Feinstein said the flight, which was […]

Thomas Cook Says Bookings Recovering

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Published: February 11, 2016

February 11, 2016 Thomas Cook said its bookings were recovering after customers delayed making travel plans following attacks in Paris last November and in Istanbul in January. Last year there were also attacks in Egypt and Tunisia, making tourists wary of those previously popular winter sun destinations. Thomas Cook said it was offering more holidays […]

JetBlue Sets Up Venture Capital Unit

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Published: February 11, 2016

February 11, 2016 JetBlue Airways has launched a venture capital unit that will invest in technology startups in the travel and hospitality industry. The company has set aside a “multi-million dollar investment” to start funding ideas that have the “right strategic fit,” Bonny Simi, the president of the unit said. Simi did not specify how […]

Norwegian Air Swings To Q4 Operating Profit

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Published: February 11, 2016

February 11, 2016 Norwegian Air Shuttle reported a fourth-quarter profit and kept its outlook for growth in capacity this year, while costs were seen lower. The low cost carrier swung to an operating profit before leasing and depreciation (EBITDAR) of NOK295 million Norwegian kroner (USD$ 34.52 million) from a loss of NOK380 million a year […]

Virgin Australia Swings To H1 Net Profit

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Published: February 11, 2016

February 10, 2016 Virgin Australia swung to a half-year profit as it cut costs and attracted more higher-spending corporate passengers, and forecast a return to profitability for the full year. The airline posted a net profit of AUD$ 45.7 million (USD$ 32.4 million) for the six months to December 31, up from a net loss […]

Boeing To Cut Jobs To Reduce Costs

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Published: February 11, 2016

February 10, 2016 Boeing will cut jobs at its commercial aircraft unit, a move that comes as the company is under intense pressure to lower costs to compete with Airbus. The decision was announced by Boeing commercial planes chief executive Ray Conner in an employee webcast after the company saw sales fall and profit margins […]

Climate Change Will Make Westbound Transatlantic Flights Longer

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Published: February 10, 2016

February 10, 2016 Flights from Europe to North America will take slightly longer and nudge up airline fuel costs if climate change strengthens high altitude winds as widely expected, a study showed. The headwind into a stronger jet stream should lengthen westbound flights by about five minutes, slightly more than the time saved in the […]

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