Top Stories

IAG Boosts Profit Despite Currency Weakness

February 24, 2017

IAG Boosts Profit Despite Currency Weakness

IAG, the parent of British Airways and Iberia, released its results for 2016, showing a 29 percent rise in net profit to EUR€1.95 billion (USD$2.06 billion).


British Airways Cabin Crew Call Another Strike

February 24, 2017

British Airways Cabin Crew Call Another Strike

The union representing ‘mixed fleet’ cabin crew at British Airways have called a further round of strikes for March.


Boeing To Open First European Factory

February 24, 2017

Boeing To Open First European Factory

Boeing announced it will open its first European manufacturing facility with a GBP£20 million (USD$25 million) investment in the UK.


Kenya-US Flights Closer After Security Clearance

February 23, 2017

Kenya-US Flights Closer After Security Clearance

The launch of direct flights between Kenya and the US is one step closer after Nairobi’s main airport received approval from the FAA for Category One status.


Flight Centre First Half Profit Drops 36 Pct

February 23, 2017

Flight Centre First Half Profit Drops 36 Pct

Australia-based travel agent Flight Centre announced a first half net profit drop of 36 percent, due to “unprecedented airfare discounting.”



Airline News

IAG Boosts Profit Despite Currency Weakness

February 24, 2017

IAG Boosts Profit Despite Currency Weakness

IAG, the parent of British Airways and Iberia, released its results for 2016, showing a 29 percent rise in net profit to EUR€1.95 billion (USD$2.06 billion).