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IAG Upgrades 2015 Profit Forecast

February 27, 2015

IAG on Friday raised its 2015 profit forecast by more than 20 percent, outperforming struggling continental rivals.
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IAG Upgrades 2015 Profit Forecast

United Warns Pilots After Four Safety Incidents

February 26, 2015

United Airlines sent a safety warning to its pilots last month after one flight was in danger of crashing and another landed with lower fuel reserves than regulations require.
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United Warns Pilots After Four Safety Incidents

AirAsia Posts First Net Loss In Two Years

February 26, 2015

AirAsia has reported its first net loss in two years, citing heavy foreign-exchange losses along with higher financing and operating costs.
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AirAsia Posts First Net Loss In Two Years

Thai Airways Posts Wider Q4 Loss

February 26, 2015

Thai Airways posted a bigger fourth-quarter loss as a drop in passenger numbers after months of domestic political unrest hurt the national carrier.
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Thai Airways Posts Wider Q4 Loss

UAE To Let Airlines Resume Baghdad Flights

February 26, 2015

The United Arab Emirates' civil aviation regulator has given approval for local carriers to resume flights to Baghdad, reversing a directive that halted flights after bullets hit a flydubai plane as it landed in the Iraqi capital last month.
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UAE To Let Airlines Resume Baghdad Flights

Qantas Swings To First-Half Profit

February 25, 2015

Qantas on Thursday reported its best first-half profit in four years as its cost-cutting bore fruit and lower oil prices trimmed fuel expenses.
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Qantas Swings To First-Half Profit

Emirates Urges US To Ignore Subsidy Claims

February 25, 2015

Emirates president Tim Clark has hit back at US airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements.
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Emirates Urges US To Ignore Subsidy Claims

US Pension Fund Sues Volaris Over IPO Information

February 25, 2015

A US pension fund is suing Mexican airline Volaris to recover losses that it said were caused by false statements in the company's initial public offer documents.
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US Pension Fund Sues Volaris Over IPO Information

Southwest Grounds 128 Planes After Missing Checks

February 25, 2015

Southwest Airlines has pulled 128 aircraft out of service after it discovered they were overdue for a required safety check.
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Southwest Grounds 128 Planes After Missing Checks

Turkish Airlines Profit Almost Triples

February 25, 2015

Turkish Airlines posted a 2014 net profit that almost tripled and unveiled plans to invest more than USD$3 billion mostly on its fleet.
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Turkish Airlines Profit Almost Triples

AirAsia X To Cut Costs, May Defer Deliveries

February 25, 2015

AirAsia X will cut flights on unprofitable routes, redeploy staff and defer some aircraft deliveries to turn around the loss-making long-haul budget carrier.
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AirAsia X To Cut Costs, May Defer Deliveries

Wizz Air Sets London IPO Price

February 25, 2015

Wizz Air said its London initial public offering had been priced at GBP£11.50 per share, giving the company a notional market value of GBP£601 million (USD$932 million).
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Wizz Air Sets London IPO Price

Ireland Demands More Concessions On Aer Lingus Sale

February 24, 2015

Ireland has presented IAG with a list of new demands it said must be fulfilled before it would consider the sale of its 25 percent stake in Aer Lingus, including one that IAG has explicitly ruled out.
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Ireland Demands More Concessions On Aer Lingus Sale

Lenders Take Over Key Property Of Grounded Kingfisher

February 24, 2015

Grounded Indian carrier Kingfisher Airlines has handed over possession of a property to a group of lenders to which it owes about USD$1.5 billion.
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Lenders Take Over Key Property Of Grounded Kingfisher

ANA Considering Investment In Skymark

February 23, 2015

ANA is considering injecting capital into Skymark Airlines as part of a rehabilitation plan for the bankrupt domestic budget carrier.
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ANA Considering Investment In Skymark
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