Ryanair raises annual profit forecast

22 minutes ago

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.

India's Jet eyes profit by 2017

2014-07-23 13:30

Jet Airways, India's second-biggest carrier, expects a return to profit in three years through cost-cuts, route-sharing with Etihad and restructuring of debt.

US Airways to lift Tel Aviv flight ban soon

2014-07-23 09:09

US Airways is planing to resume its direct flights from Philadelphia to Tel Aviv after a temporary ban from federal authorities on flights to Israel.

US airlines halt Israel flights amid safety worries

2014-07-22 19:30

Major US airlines have halted flights to and from Israel amid security concerns as the deadly conflict in Gaza enters its third week.

Up to governments to advise safe routes - Iata

2014-07-20 11:30

Airlines rely on governments to tell them which routes are safe and do not compromise on safety, says the head of the International Air Transport Association.

Allianz lead insurer for downed Malaysia plane

2014-07-18 10:24

Germany's Allianz is the lead reinsurer and Willis Group Holdings the broker for insurance covering the Malaysian airliner shot down over eastern Ukraine.

Wall St drops on news of downed Malaysian plane

2014-07-17 18:19

US stocks have dropped after a Malaysian passenger jetliner was downed in Ukraine, fresh on the heels of new US and EU sanctions on Russia.

SAA expects final decision on R60bn deal

2014-07-16 15:24

SA airways hopes to finalise plans to replace up to 30 planes in a long-haul fleet overhaul worth around R60bn and is looking mainly at Boeing and Airbus.

Skytrax names World's Best in aviation for 2014

2014-07-16 09:50

Mango has been named the best low-cost carrier in Africa in the Skytrax World Airline Awards.

Boeing, Paramount Group enter security deal

2014-07-15 16:30

Boeing and Paramount Group have signed a memorandum of collaboration to jointly develop defense and security opportunities in key international markets.

EasyJet picks CFM as engine supplier

2014-07-14 13:01

EasyJet has selected CFM International SA to provide 270 engines for its order of 35 Airbus A320 aircraft and 100 Airbus A320neo aircraft.

Alitalia boss hails job cuts deal

2014-07-14 09:14

Italian flag carrier Alitalia's boss has hailed a preliminary deal with trade unions he hoped would help seal a partnership with Emirates airline Etihad.

Alitalia to cut jobs or face bankruptcy

2014-07-11 11:55

Italian Prime Minister Matteo Renzi has warned trade unions they must accept job cuts at Alitalia as part of a deal with Gulf airline Etihad or face bankruptcy.

Lufthansa to boost low-cost operations

2014-07-10 12:27

German airline Lufthansa says it is sticking to recently revised full-year profit targets and plans to expand its operations in the low-cost sector.

Etihad Airways revenues up 28%

2014-07-08 12:45

Abu Dhabi's Etihad Airways has posted a 28% surge in revenues in the first half of 2014, hitting $3.2bn, with passenger and cargo volumes up.

Heathrow's new boss face chaos on first day

2014-07-01 12:51

Heathrow Airport is working to reunite thousands of bags with their owners after computer failures, plunging its new CEO straight into firefighting mode.

Fastjet's revenue more than doubles

2014-06-26 11:58

African budget airline Fastjet's revenue has more than doubled as lower fares lured a large number of first-time flyers.

Japanese firms to supply parts for Boeing

2014-06-12 13:54

US aviation giant Boeing says five Japanese firms would supply major parts of the fuselage for its new 777X jet, which is set for delivery in 2020.

Russia airline makes maiden flight to Crimea

2014-06-10 15:46

Prime Minister Dmitry Medvedev gave the Russian government's blessing to a low-cost airline serving newly-annexed Crimea.

Alitalia may lose over 2 000 jobs

2014-06-09 16:59

Struggling Italian airline Alitalia will have to shed 2 200 jobs as part of a tie-up with Etihad Airways, which has promised to invest €560m in the airline.

Star Alliance’s new home at Heathrow

2014-06-04 17:05

The new Terminal 2 at Heathrow has thrown open its doors to welcome its first passengers.

Air passengers could cough up more

2014-06-03 15:30

Moves by airlines to keep track of aircraft after the disappearance of Malaysian Airlines' flight MH370 could push up ticket prices.

Africa’s middle class drives aviation growth

2014-06-03 12:58

The growing middle class in Africa is driving the continent’s growth in air travel, says a vice president of Emirates 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.

Lufthansa suspends flights to Tel Aviv

2014-07-23 16:00

German aviation group Lufthansa says it was suspending services to Tel Aviv for another day over security concerns amid the escalating Gaza conflict.

Turkish Airlines cancels Tel Aviv flights

2014-07-23 13:00

Turkey's national carrier has decided to temporarily halt its direct flights to Tel Aviv due to the Gaza conflict between Israel and the Palestinians.

UN aviation body mulling bigger role - sources

2014-07-23 08:27

The UN civil aviation body is considering whether the agency should expand its role and issue safety advisories after a Malaysian airliner was shot down.

Govts should lead review of airspace risks - Iata

2014-07-22 15:30

Governments should take the lead in reviewing how risk assessments for airspace are made, says the head of the International Air Transport Association.

Corporate woes deepen for Malaysia Airlines

2014-07-18 13:18

Shares in struggling Malaysia Airlines have sunk after one of its jets crashed in Ukraine, dealing it a blow just months after the loss of Flight MH370.

Double disasters taint Malaysia Airlines

2014-07-18 09:23

The once proud national carrier has been dealt another shocking blow, with experts saying however blameless it may be impossible for the airline to redeem itself following the downing of one of its planes over Ukraine airspace.

Emirates could buy 60-80 more A380s - report

2014-07-17 09:22

Dubai's Emirates could buy an extra 60-80 Airbus A380s if the superjumbo were revamped with more fuel-efficient engines by 2020, according to a report.

Etihad to push Alitalia deal - CEO

2014-07-16 14:05

Etihad Airways chief James Hogan says he aims to complete negotiations on buying 49% of Alitalia by the end of the month.

Qantas to remain majority Australian owned

2014-07-16 08:57

The Australian government has abandoned plans to allow struggling national carrier Qantas to be majority overseas owned but agreed to a compromise.

Ryanair sticks to forecasts

2014-07-14 18:15

Ryanair has no plans to cut its profit forecast for the current financial year despite warnings by rivals Air France-KLM and Lufthansa, says CEO.

BA owner orders 20 Airbus A320neo jets

2014-07-14 12:25

British Airways owner IAG has placed a firm order for 20 Airbus 320neo aircraft in a deal worth well over $1bn at list prices.

Airbus jet re-launch heralds busy airshow

2014-07-14 08:48

Airbus will kick off the Farnborough Airshow with up to 100 commitments for its revamped A330neo wide-body jet, industry sources say.

Boeing forecasts $5.2trn orders

2014-07-10 13:15

Boeing has raised its forecast for aircraft demand, saying it now expects to deliver 36 770 planes over the next two decades in deals worth $5.2trn.

Boeing, Emirates finalise $56bn order

2014-07-09 13:15

Boeing has finalised an order for 150 777X planes from Dubai's Emirates Airline in a $56bn deal and includes purchase rights for an additional 50 airplanes

Jury still out on A330neo airshow - Airbus

2014-07-06 12:00

Airbus Group says it has not decided if it will launch its A330neo jet at this month's Farnborough Airshow but is confident about the outlook for plane orders.

Fastjet CFO resigns

2014-07-01 09:08

Budget airline fastjet has announced that its chief financial officer Angus Saunders has stepped down for personal reasons.

Ryanair appeals French fine

2014-06-23 13:16

Irish budget airline Ryanair has launched an appeal of a court ruling ordering it to pay nearly $12.2m in damages and interest for breaching French labour laws.

Sinking travel sector impacts European shares

2014-06-11 14:15

European stocks have turned negative after a profit warning from German airline Deutsche Lufthansa rocked the travel and leisure sector.

Small plane makers chase growth in China

2014-06-10 12:53

With 100 years of aviation heritage, Piaggio Aero Industries, a supplier of private aircraft for the Ferrari motor racing team is looking into a new joint venture.

AirAsia sparks fare war

2014-06-08 12:45

Asia's biggest budget carrier AirAsia is set to make its maiden Indian flight this week, fuelling a cut-throat fare war in a sector already reeling from losses.

Air Berlin settles over airport delay

2014-06-03 17:15

Air Berlin, Germany's number two airline, has reached a settlement for an undisclosed sum in its dispute over the delayed opening of the new Berlin airport.

Alitalia to shed up to 2 500 workers

2014-06-03 13:23

Italian air carrier Alitalia will lose about a fifth of its 12 800-workforce as part of its upcoming alliance with the United Arab Emirates' Etihad Airways.

Air France-KLM sees benefit of Etihad buyout

2014-06-02 20:10

The CEO of Air France-KLM says Etihad's plans to buy up part of stricken Italian carrier Alitalia would likely benefit the Franco-Dutch airline group.

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