RYANAIR DEFENDS STAKE IN AER LINGUS TO UK OFT
Ryanair has continued to defend its right to hold a minority stake in Aer Lingus by legally challenging a UK Office of Fair Trading investigation. Ryanair claims the regulator has waited too long to i...
Ryanair has continued to defend its right to hold a minority stake in Aer Lingus by legally challenging a UK Office of Fair Trading investigation. Ryanair claims the regulator has waited too long to i...
AWAS announced that Terra Firma, Canada Pension Plan Investment Board and other co-investors have committed to invest an additional $529 million in the Dublin-based operating lessor by April and a ano...
Greek airline Aegean Airlines is launching a new route between London and Larnaca this month. The move presents a real challenge for beleagured Cyprus Airways, which has served that route since the 19...
From May Monarch Airlines will introduce new services to the Greek island of Corfu and Bodrum in Turkey. The UK airline will operate two weekly connections between Manchester and Bodrum, two weekly fl...
French daily La Tribune reported yesterday that Jet Airways was in talks to join the Air France-KLM, Alitalia and Delta Air Lines joint venture. The Indian airline is rumoured to want to enter into th...
Airline equipment manufacturer Honeywell’s new Phase 3 Display Units (DUs) reportedly blanked out during a test because of interference from an onboard wi-fi network. The DUs blanked out while they we...
Australia’s national carrier Qantas has lifted its international fuel surcharges for the second time in a few weeks. Passengers traveling to Europe from 17 March will pay an extra $A45 for a one-way t...
The airline says over the past month, jet fuel has increased from $US114 a barrel to $US130 a barrel adding hugely to its operating costs. Air New Zealand says domestic airfares and long haul fares wi...
Cathay Pacific Group has reported annual profits nearly a third higher for 2010 to HK$14.04 billion ($1.8 billion) from a HK$4.69 billion in 2009 on a 33.7% rise in revenue to HK$89.52 billion. Full-y...
EADS has reported 2010 net income of €553 million from a €763 million net loss in 2009, on the back of 7% revenue growth to €45.8 billion driven by a strong commercial aircraft performance. CEO Louis...
Lufthansa Group has stated that preliminary figures show it ended 2010 with a net profit of €1.1 billion ($1.53 billion), this, from a net loss of €34 million in 2009. This news shows that Lufthansa h...
While the Air india management has been claiming that they are turning around the country’s national carrier, the truth is that the airline earns Rs 36 crore a day from its operations, while it spends...
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