ARTICLES RELATING TO AIRLINES

Air France strike crisis deepens

2014-09-23 09:45

A bitter Air France labour dispute has deepened as management pledged to press ahead with its low-cost airline ambitions.

IAG finalises deal for 8 Airbus A330s

2014-09-22 17:09

International Airlines Group says has finalised a deal to buy eight long-haul Airbus A330-200 aircraft worth $1.48bn at list prices for Spanish unit Iberia.

Lufthansa tests sugar-based biofuel

2014-09-19 11:15

As part of its testing of alternative fuels the Lufthansa Group has marked another milestone.

EasyJet flags higher dividends

2014-09-18 19:00

EasyJet is to pay more of its profits out to shareholders via dividends in a sign of the budget airline's confidence in future growth.

Airbus signs alliance with SA companies

2014-09-16 14:13

Leading global aircraft manufacturer Airbus has signed a memorandum of understanding with two South African companies to bolster the local aviation industry.

Lufthansa cancels strike, Air France strike on

2014-09-16 09:10

A German pilots' union has called off a scheduled strike due to advances in talks with Lufthansa, while Air France pilots have embarked on a week-long strike.

Air France to run fewer flights as pilots strike

2014-09-14 16:00

Air France will operate only 40% of its flights as pilots begin a strike over company plans to cut costs to recapture market share from budget airlines.

Video

Comair CEO Erik Venter speaks to Fin24 about the group's results after posting a 17% revenue jump to R6.8bn for the year ended to June.

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Ryanair to buy $11bn Boeing planes

2014-09-09 09:22

European airline Ryanair has signed an agreement to buy 100 jets from US airplane manufacturer Boeing.

Ryanair close to placing $10bn Boeing order

2014-09-05 17:30

Ryanair is in advanced talks to buy around 100 of a high-density version of Boeing's 737 MAX jetliner in a deal that could be finalised within weeks, sources say.

Airlines among strongest stocks in 2014

2014-09-04 09:16

Airlines have been among the strongest stocks so far in 2014, easily beating broad measures such as the Standard & Poor's 500 index.

Malaysia Airlines to cut 6 000 jobs

2014-08-29 10:30

Malaysia Airlines will cut 30% of its workforce as part of a restructuring that will cost $1.90bn, majority investor says.

Lufthansa pilots to strike again

2014-08-28 16:45

Lufthansa says talks with pilots over an early retirement scheme have ended without an agreement, leading to a strike that will affect thousands of travellers.

Ryanair to make offer for Cyprus Airways

2014-08-27 16:30

Ryanair has moved a step closer to making an offer to buy Cyprus Airways and may make a firm offer early next year if this is approved by the Cypriot government.

Air New Zealand announces annual profit rise

2014-08-27 10:00

Air New Zealand has posted a 45% rise in annual net profit, and predicts more strong growth in the current financial year amid rising demand.

Ryanair vows to turn around ailing airline

2014-08-22 17:30

Ryanair has submitted a plan to turn for-sale Cyprus Airways into a profitable operation by increasing passenger traffic by 500% over three years, officials say.

Monarch Airlines mulls 1000 job cuts

2014-08-18 18:31

Britain's Monarch Airlines is considering axing up to 1 000 jobs, or nearly one third of its workforce, a source close to the matter says.

India's newest airline eyes October launch

2014-08-11 18:37

India's newest airline has announced flights could begin as early as October, adding it is bullish about the future even as a rival carrier reported a big loss.

India probes loan to Kingfisher airline

2014-08-10 10:42

India's top crime fighting body is investigating a $155m loan by a state-run bank to debt-ridden Kingfisher Airlines, says a police official.

Malaysia Airlines to be taken private

2014-08-08 10:00

Deeply troubled Malaysia Airlines will be de-listed and taken private ahead of a major restructuring following the double disasters of MH370 and MH17.

New Zealand approves Air NZ-SIA alliance

2014-08-07 13:15

Officials in Wellington have given the green light to an alliance between Air New Zealand and Singapore Airlines.

Lufthansa voted Europe’s leading airline

2014-08-04 20:00

For the fourth time in a row Lufthansa German Airlines has been voted “Europe’s Leading Airline” at the World Travel Awards.

Skymark shares slump after Airbus cancels deal

2014-07-30 10:30

Shares in Skymark have plunged for a second straight day wiping out a quarter of its value after Airbus had cancelled a deal with the Japanese budget airline.

US airlines flying high on better earnings

2014-07-25 10:47

US airlines are flying high again, reporting surging profits and returning cash to shareholders as they reap the benefits of an industry-wide merger wave.

EasyJet sees 14% rise in annual profit

2014-07-24 09:30

Low-cost airline easyJet says it is on track to grow annual profit by at least 14%, assuming no further significant disruption over the next two months.

 

Unions reject Air France plan

2014-09-22 17:26

Unions representing striking French pilots have rejected Air France-KLM's move to delay the roll-out of its low-cost operations and vowed to stay on strike.

Air France offers to postpone low-cost project

2014-09-22 13:00

Air France-KLM has offered to postpone roll-out of its European low-cost operation until the end of the year in a bid to end a week-long pilots' strike.

Air France pilots threaten to extend strike

2014-09-18 19:15

An Air France pilots union has warned that it could vote to extend an ongoing strike indefinitely if its demands are not met.

Air France pilots strike enters fourth day

2014-09-18 11:15

A pilots' strike at Air France has stretched into its fourth day, with the two sides still at odds in a dispute over cost cuts.

Air France cancels 60% of flights

2014-09-16 13:19

A pilots strike at Air France has entered its second day, with the two sides apparently no closer to resolving a dispute.

Lufthansa pilots to strike again

2014-09-15 18:25

Pilots at Germany's biggest airline Lufthansa are set to go on strike for the fourth time in three weeks over changes to early retirement rules, a union says.

We have tricks up our sleeves - Comair CEO

2014-09-12 06:00

There is going to be pressure on passenger numbers amid anaemic GDP growth, but Comair has new plans to keep flying high, CEO Erik Venter tells Fin24.

Cheap flight tickets fail to curb SAS losses

2014-09-10 14:15

Scandinavian airline SAS has announced a further drop in profits for the third quarter, as fierce competition pushed down ticket prices.

Finnish airline, pilots agree on cost cuts

2014-09-08 19:15

Finnish airline Finnair has announced that it reached a cost-saving deal with the pilots' union worth €17m a year.

ANA, Lufthansa announce cargo business tie-up

2014-09-03 10:00

Japan's All Nippon Airways and Lufthansa of Germany have announced an air cargo tie up as they look to fight off intense competition from budget airlines.

Qantas shares rally as CEO vows to stay put

2014-08-29 10:15

Qantas chief executive Alan Joyce has brushed off calls to resign as shares in the carrier rallied further after it forecast a return to profit in 2015.

Qantas looks past record loss

2014-08-28 08:58

Qantas Airways is looking past its record annual loss as a change in Australian laws opens the door to foreign investment in the airline's international arm.

Ryanair scraps bag check-in fees

2014-08-27 13:30

Ryanair is watering down its austere approach to air travel by ditching charges for checked-in bags on some fares in an attempt to attract business travellers.

Thai Airways denies 200 pilots suddenly quit

2014-08-25 11:30

Thai Airways International has denied reports that 200 pilots have suddenly left the company due to concerns over the carrier's finances.

AirAsia profit jumps

2014-08-20 16:21

Malaysia-based AirAsia has announced a sixfold increase in second-quarter net profit as Asia's budget travel leader increased revenue.

Ethiopian Airlines to decide on plane order

2014-08-14 21:00

Ethiopian Airlines will soon decide on which planes it will buy from Boeing and Airbus Group NV, as the carrier seeks to add as many as 70 new jets to its fleet.

Frequent flyer schemes revamped

2014-08-11 11:15

Beset by low air fares and relentless competition, airlines around the world are waking up to the value of their frequent flyer programmes.

Etihad, Alitalia, sign shareholder alliance

2014-08-08 18:30

Emirates airline Etihad Airways and Alitalia have signed a deal for Etihad to become a shareholder in the Italian carrier.

Alitalia set to seal Etihad investment

2014-08-07 16:45

Loss-making Italian airline Alitalia will seal its tie-up with Etihad, a deal that comes as the country's flagship airline was on the brink of bankruptcy.

Sanctions-hit Russia readies to strike back

2014-08-07 06:00

Russia may be on the verge of retaliating with its own economic sanctions by closing air space to Western airlines, which will affect already-struggling firms.

Singapore Airlines Q1 net profit plunges

2014-07-30 13:45

Singapore Airlines says its financial first quarter net profit has plunged 71.4% from the previous year, weighed down by lower passenger and cargo revenue.

Ryanair raises annual profit forecast

2014-07-28 11:30

Irish low-fare airline Ryanair, which has hit a weak patch last year, reports a strong recovery, but downward pressures on fares.

Iberia to cut 1 400 jobs

2014-07-24 13:45

Spanish airline Iberia has reached an agreement with unions to cut 1 400 jobs, a reduction from a planned 1 600-job cuts, the company says.

Delta continues to bar flights to Israel

2014-07-23 16:45

Delta Air Lines will extend its suspension of flights to Israel amid hostilities between Israel and the militant group Hamas, reports CNBC.

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