Air France Pilots Vote For Low-Cost Boost Unit

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Published: February 21, 2017

February 20, 2017 Pilots at Air France have voted to accept in principle the creation of a new low-cost subsidiary at the airline, the SNPL union said. The union reported a 58.1 percent vote to accept the creation of the Boost low cost carrier. The turnout was 73.8 percent. SNPL said the vote clarifies the […]

Air Canada Reports Full Year Profit Boost

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Published: February 18, 2017

February 17, 2017 Air Canada released its 2016 full year results on Friday, showing net income of CAD$ 876 million (USD$ 669 million), up from 2015’s CAD$ 308 million. Operating revenue for the year was CAD$ 14.68 billion, a 5.8 percent increase on the previous year. Operating expenses of CAD$ 13.33 billion were up 8 […]

Juneyao Airlines Orders Five Boeing 787s

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Published: February 18, 2017

February 17, 2017 Juneyao Airlines has agreed an order for five Boeing 787-9 Dreamliners, valued at about USD$ 1.32 billion at list prices. The order, which includes options on a further five 787s, is the Shanghai-based carrier’s first for Boeing aircraft. Juneyao currently operates a fleet of Airbus A320-family aircraft. “Our strategic vision is to […]

Bombardier Reports Lower Full-Year Loss

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Published: February 17, 2017

February 16, 2017 Bombardier reported a smaller full year net loss of USD$ 981 million, down from the previous year’s $ 5.34 billion. The plane and train builder also reduced its fourth quarter loss, down from $ 677 million to $ 259 million. Revenue from Bombardier’s commercial aircraft division improved 9 percent to $ 2.62 […]

Air France-KLM Net Profit Jumps

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Published: February 17, 2017

February 16, 2017 Air France-KLM reported a big increase in full year net profit to EUR€792 million (USD$ 845 million), up from €118 million in 2015. Operating income rose a more modest 34.5 percent to €1.05 billion on revenue down slightly to €24.85 billion, a 3.3 percent drop. Aviation fuel provided a major saving, with […]

Flights Disrupted As Berlin Ground Staff Strike

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Published: February 17, 2017

February 16, 2017 A walk out by ground staff at Berlin’s Tegel and Schönefeld airports caused the cancellation of over 200 flights on Thursday. The Verdi union called the strike from 16:00 until 22:00 in support of a wage claim for an increase in hourly rates of one euro. The union says workers currently receive […]

Boeing Workers Vote Against Union Representation

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Published: February 16, 2017

February 15, 2017 Production workers at Boeing’s South Carolina 787 assembly plant have voted against representation by the IAM union. The International Association of Machinists & Aerospace Workers (IAM) held the vote under the auspices of the National Labor Relations Board. It was open to about 3,000 Boeing employees at the North Charleston facility. “We’re […]

Berlin Airports Ground Staff To Strike On Thursday

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Published: February 16, 2017

February 15, 2017 Ground staff at Berlin’s Schönefeld and Tegel airports will go on strike on Thursday during the peak evening travel period. The Verdi union called the strike for 16:00 on Thursday until 22:00 that evening. The airport operator in a statement warned of “severe disruption of air traffic.” The same airports were hit […]

Lufthansa, Pilots Agree Pay Deal

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Published: February 16, 2017

February 15, 2017 Lufthansa and pilot union Vereinigung Cockpit have agreed to accept the recommendation of a mediator to end a long-running dispute over pay. Under the agreed terms Lufthansa, Lufthansa Cargo and Germanwings pilots will get an 8.7 percent pay rise, paid out in four stages. The first two increases will be backdated, with […]

Rolls-Royce Reports GBP£4.03 Billion Loss

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Published: February 15, 2017

February 14, 2017 Aero engine maker Rolls-Royce reported a net loss of GBP£4.03 billion (USD$ 5.02 billion) for 2016 as it suffered from a post Brexit vote currency fall and the settlement of bribery allegations. The pre-tax loss was £4.6 billion, with underlying profit of £813 million, down from 2015’s £1.43 billion, both pre-tax. In […]

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