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Strikes, Oil Prices In Focus For Europe's Airlines

October 24, 2014

Europe's airlines will feel the full benefits of lower oil prices only next year and third quarter results from Lufthansa and Air France-KLM will show the damage done by recent strikes.
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Strikes, Oil Prices In Focus For Europe's Airlines

eDreams Trading Suspended As IAG Withdraws Fares

October 24, 2014

Shares in online travel agency eDreams ODIGEO dropped 59 percent on the Madrid stock exchange on Friday after British Airways and Iberia said they were withdrawing their fares from three of its websites.
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eDreams Trading Suspended As IAG Withdraws Fares

Rolls-Royce, Hispano-Suiza Sign JV Agreement

October 24, 2014

Rolls-Royce and Hispano Suiza have signed a deal to create a joint venture which will design and develop accessory drive train transmissions for Rolls' future civil aircraft engines.
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Rolls-Royce, Hispano-Suiza Sign JV Agreement

Aena Delays Filing Of USD$10 Bln Share Listing

October 24, 2014

State-owned Spanish airport operator Aena has postponed the prospectus for its planned USD$10 billion stock market listing until next week, after the Madrid bourse regulator said it needed more information.
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Aena Delays Filing Of USD$10 Bln Share Listing

US Doctor With Ebola Went Through Enhanced JFK Screening

October 24, 2014

The doctor who has been diagnosed with Ebola in New York City arrived at JFK airport on October 17 and went through the ramped-up screening for people arriving from the worst-hit West African countries.
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US Doctor With Ebola Went Through Enhanced JFK Screening

Oil Discovered Near London's Gatwick Airport

October 24, 2014

A consortium of oil explorers, including Solo Oil and Magellan Petroleum, estimates there are up to 20 million barrels of oil at a new oil field near London's Gatwick airport.
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Oil Discovered Near London's Gatwick Airport

Qantas Swings To First Quarter Profit

October 24, 2014

Qantas returned to underlying profitability in the first three months of the financial year, as it benefited from its strategy of containing capacity.
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Qantas Swings To First Quarter Profit

Alafco To Spend Additional USD$600 Mln On Aircraft

October 23, 2014

Kuwait's Aviation Lease & Finance (Alafco) plans to spend about USD$600 million buying 15 new aircraft over the next two years to cover a gap before it receives already-ordered planes in 2017.
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Alafco To Spend Additional USD$600 Mln On Aircraft

S.Africa Would Consider Strategic Partner For SAA

October 23, 2014

South Africa would consider a strategic partner for struggling state-run airline SAA, the minister of public enterprises said, as the government looks for spending cuts.
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S.Africa Would Consider Strategic Partner For SAA

Singapore Still Going Down LCC Route With Tiger

October 23, 2014

Singapore Airlines is injecting more cash into Tiger Airways, illustrating its resolve to persevere in the low-cost segment after the budget affiliate bowed out of three regional markets.
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Singapore Still Going Down LCC Route With Tiger

American Airlines Q3 Profit Up 87 Percent

October 23, 2014

American Airlines' third-quarter net income rose 87 percent to USD$942 million, buoyed by declining fuel costs.
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American Airlines Q3 Profit Up 87 Percent

JetBlue Airways Quarterly Profit Rises 11 Pct

October 23, 2014

JetBlue Airways reported an 11 percent rise in quarterly profit, as it flew fuller planes.
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JetBlue Airways Quarterly Profit Rises 11 Pct

MTU Q3 Profit Up On Higher Sales

October 23, 2014

MTU Aero Engines reported third quarter adjusted earnings before interest and tax of EUR€100.2 million on revenue of EUR€995.8 million.
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MTU Q3 Profit Up On Higher Sales

Norwegian Air Q3 Profit Improves

October 23, 2014

Norwegian Air Shuttle reported a smaller than expected increase in third-quarter earnings, due to the impact of a weak currency and flight delay costs.
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Norwegian Air Q3 Profit Improves

CSA To Get Korean Air Capital Boost

October 23, 2014

CSA Czech Airlines has received a commitment for financial support from its biggest shareholder Korean Air and from the Czech state.
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CSA To Get Korean Air Capital Boost