South Sudan Plane Crashes, Several Injured

By
Published: March 21, 2017

March 20, 2017 A South Sudanese plane with 44 passengers and five crew onboard crashed and burst into flames after landing at Wau Airport, all survived. The South Supreme Airlines Antonov An-26 was on a domestic flight from the capital Juba to Wau in northwest South Sudan when it crashed. Local reports said the plane […]

US To Introduce Electronics Ban On Some Flights

By
Published: March 21, 2017

March 20, 2017 The United States government is planning to ban passengers on specific US-bound flights from carrying electronic devices larger than a mobile phone in the aircraft cabin. The ban, expected to be announced Tuesday by the Department of Homeland Security, will include flights from specific countries in the Middle East and North Africa. […]

Eleven Airlines Fined For Cargo Price Fixing

By
Published: March 18, 2017

March 17, 2017 The European Commission has reimposed fines on eleven airlines for participating in a price-fixing cartel on air freight between 1999 and 2006. The EC originally imposed EUR€776 million of fines in 2010, but the decision was annulled by the European Union’s General Court in 2015 after an appeal by the airlines. The […]

Alitalia To Cut 2,000 Jobs, EUR€1 Billion Costs

By
Published: March 18, 2017

March 17, 2017 Alitalia said it will cut staff numbers by about two thousand and reduce costs by EUR€1 billion (USD$ 1.07 billion) by 2019, after its board approved its latest business plan. The Italian flag carrier said two-thirds of the savings will come from non-staff related costs, but office staff will be reduced by […]

Sweden To Propose Airfare Tax

By
Published: March 18, 2017

March 16, 2017 The Swedish government said it will propose a tax on airline tickets in a move aimed at countering greenhouse gas emissions. The tax would start at SEK80 kronor (USD$ 9) for short flights, and rise to up to SEK430 (USD$ 48) for longer distances. The proposal is expected to be included in […]

IAG To Launch Low-cost Long-haul Airline

By
Published: March 18, 2017

March 17, 2017 IAG, owner of British Airways and Iberia, will launch a new low-cost carrier in June, with flights from Barcelona to the US and South America. The new airline, LEVEL, will serve four cities, Los Angeles, Oakland, Buenos Aires, and Punta Cana in the Dominican Republic, from June with new Airbus A330s, IAG […]

Brazil Auctions Four Airports For USD$1.19 Billion

By
Published: March 17, 2017

March 16, 2017 Three companies were successful in the auction to operate four airports in Brazil, with bids worth BRL3.72 billion reais (USD$ 1.19 billion) in total. Fraport said in a statement it won the auction for Fortaleza and Porto Alegre airports with bids of BRL1.5 billion reais (USD$ 482.6 million) for Fortaleza, and BRL382 […]

Lufthansa Group Boosts 2016 Net Profit

By
Published: March 17, 2017

March 16, 2017 Lufthansa Group made a net profit of EUR€1.78 billion (USD$ 1.91 billion) for 2016, a 4.6 percent increase on the previous year. Annual revenue fell 1.2 percent to €31.66 billion, as traffic revenue dropped 3.3 percent. Operating expenses came in 5.3 percent lower at €31.75 billion, with fuel costs down 15.5 percent […]

LATAM Airlines Posts First Annual Profit

By
Published: March 16, 2017

March 15, 2017 LATAM Airlines reported its full year 2016 results showing net income of USD$ 69.2 million, its first profit since the merger of LAN and TAM in 2012. Despite a revenue drop of 5.9 percent to USD$ 9.53 billion, LATAM increased its operating income by 10.5 percent as it pushed costs down to […]

LATAM Airlines Posts First Annual Profit

By
Published: March 16, 2017

March 15, 2017 LATAM Airlines reported its full year 2016 results showing net income of USD$ 69.2 million, its first profit since the merger of LAN and TAM in 2012. Despite a revenue drop of 5.9 percent to USD$ 9.53 billion, LATAM increased its operating income by 10.5 percent as it pushed costs down to […]

« Previous PageNext Page »