Brazilian airline Gol Linhas Aereas (Gol) has lowered its outlook for 2011 operational margins as rising fuel and additional personnel costs impact earnings. In a securities filing, Gol slashed its op...
In light of the difficult operating environment, Deutsche Lufthansa is stepping up cost cutting and restructuring at both Austrian Airlines and British Midland Airways (BMI). The move is an attempt to...
Engineers at Auckland’s domestic terminal have been inspecting a Jetstar A320 aircraft through the night after a burning smell was detected. The aircraft had just arrived from Christchurch and was in ...
The Indonesia’s government has ordered all airlines and airports to be ready for an imminent strike by pilots of the state-run Garuda Indonesia. Most of the 800 union pilots at Garuda plan to strike f...
Hawaiian Holdings reported a consolidated net loss for the three months ended June 30, 2011 of $50.0 million, or $0.99 per basic and diluted share, on total operating revenue of $395.0 million. The lo...
Delta Air Lines reported earnings have fallen short of Wall Streetestimates owing to the sharp increase in fuel costs. Net income at Delta was $198 million, or 23 cents a share, for the second quarter...
Continental Airlines was forced to cancel 24 of its flights yesterday after several pilots called in sick. Most of the canceled flights affected Continental’s hub at Newark Liberty International airpo...
African aviation authorities have admitted to a serious shortage of qualified personnel amid projections that the world would need over a million pilots and maintenance staff in the next 20 years. Als...
Air France-KLM has posted a €212 million net loss for the April-June quarter. The airline group’s operating loss widened from a year ago to €145 million even though revenue rose 8.7% to €6.22 billion....
Lufthansa has placed a firm order for 30 A320neo-family aircraft. The contract firms up the Lufthansa Supervisory Board’s selection of the A320neo family in March. The order comprises 25 A320neo aircr...
German airline Lufthansa has announced a net loss in the first six months which has almost doubled to €206 million ($300 million) from €104 million over the same period a year earlier. Although revenu...
Grounded over safety concerns five weeks ago, Tiger Airways now expects to resume operations in Australia on August 6. The Civil Aviation Safety Authority is expected to lift the ban next Monday. The ...
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