Ryanair 2011 forecast up to $605m
Ryanair increased its 2011 profit forecast by 10% today, saying higher revenues per passenger mile would offset higher fuel prices. Ryanair said it had seen virtually no impact from the downturn in co...
Ryanair increased its 2011 profit forecast by 10% today, saying higher revenues per passenger mile would offset higher fuel prices. Ryanair said it had seen virtually no impact from the downturn in co...
All eyes are turning towards the US airline industry as the holiday season approaches. JetBlue was pummelled in the press yesterday for its nine hour tarmac delay at Bradley International and its shar...
EADS CEO, Louis Gallois, stated yesterday that his company has not been affected by the difficulties French banks are having in securing dollar financing. He stated that foreign banks that have acc...
The Indian finance ministry has turned down Air India’s request seeking letter of comfort (LoC) for increasing the buyers’ credit limit to $288 million from Standard Chartered Bank. The ministry is r...
Terry Williams, a 42 year old mother of two, is a name that will either fade within hours of reading this comment or a name that will be remembered as the start of a cascade of claims against aircraft...
The advocate general to the European Court of Justice Juliane Kokott has stated that the European Union’s carbon emissions trading scheme (ETS) which will force non-European airlines to pay for carbon...
US carriers are estimating the new aviation departure tax proposed by the Obama administration will cost each airline approximately $100 million every year. As the world slips towards another reces...
Shares in AMR Corp, parent of American Airlines, closed down 33% yesterday as fears spread the airline was facing bankruptcy. The company has denied rumours it is seeking bankruptcy protection but ...
Boeing's 747-8 will enter service by the middle of this month after an October 12 delivery date was agreed by Cargolux. Last month the delivery was cancelled at the eleventh hour after a fuel-burn dis...
Kingfisher, unable to secure meaningful investment pledges after a two-year roadshow has this week bowed to the inevitable: cut back aspirations, cut back low cost plans and pump more of that beer mon...
Tony Tyler, director general and chief executive of the International Air Transport Association (IATA) has warned the airline industry of tough times ahead and described the slowdown in the European a...
The row over company strategy between easyJet’s board and Sir Stelios Haji-Ioannou has taken an unexpected turn, with its founder and largest shareholder telling the board yesterday that he “intends t...
We're Social