All Airlines articles – Page 68
-
Airline BusinessOversupplied domestic market hammers Delta’s second-quarter profit
Company executives point to US domestic excess passenger capacity as the primary culprit behind slimmer profits.
-
Airline BusinessKLM chief works to overcome growth constraints on multiple fronts
KLM chief Marjan Rintel sees governments developing a better understanding of aviation’s importance as she grapples with a string of challenges relating to the Dutch flag carrier’s growth plans
-
NewsDelta’s profit slips 29% year on year in second quarter
Delta Air Lines’ profit slipped in the second quarter compared with the same period last year, but the US carrier still delivered an operating margin of almost 15% for the three months ending 30 June.
-
NewsAmerican Airlines 737 aborts take-off after blowing tyres
A Boeing 737-800 operated by American Airlines aborted take-off from Tampa International airport on 10 July after blowing several tyres.
-
NewsCommission backs Covid state support to Air France-KLM for a second time
Air France-KLM has welcomed a fresh decision by the European Commission confirming the legality of state financial support given in response to the Covid-19 pandemic, after its originally approval decision was successfully challenged on appeal.
-
Airline BusinessIstanbul airport sees expanded tourism reach driving growth ambitions
Just five years after Istanbul airport opened, its new chief executive Selahattin Bilgen is already readying the gateway for the next stage of its development
-
NewsDelta and Riyadh Air reveal intention to build intercontinental joint venture
Delta Air Lines has a formed a new strategic partnership with Saudi Arabia’s Riyadh Air, with the major US airline and yet-to-launch carrier building toward an eventual joint venture.
-
NewsUnited Airlines faces fresh scrutiny after latest wheel-loss incident
United Airlines is facing renewed scrutiny of its safety performance after a Boeing 757-200 lost a wheel from its main landing gear as it took off from Los Angeles international airport – the latest in a series of incidents that have drawn negative attention to the carrier, not least from the Federal Aviation Administration.
-
NewsSouth Korea lifts caps on Manila flights
South Korea has liberalised air traffic rights to Manila, which it hopes will spur an increase in flights from its secondary airports to the capital of the Philippines.
-
Airline BusinessBreeze slams Reagan National entry requirements as major carriers wrangle for new slots
Start-up Breeze Airways and several non-profit groups are criticising as anti-competitive a plan under which the US Department of Transportation (DOT) is allocated additional take-off and landing rights at Ronald Reagan Washington National airport.
-
Airline BusinessElliott blasts Southwest anew for ‘profoundly out of touch’ strategic decisions
Elliott Investment Management has refreshed its scathing criticism of Southwest Airlines’ leadership in a letter that characterises the company’s board of directors as “profoundly out of touch” with investors.
-
NewsSouthwest adds Rakesh Gangwal as board director in face of leadership criticism
Facing investor criticism for having a too-insular board of directors, Southwest Airlines has added longtime airline executive Rakesh Gangwal to the group it believes will guide it back to “enduring profitability”.
-
Airline BusinessUS airlines split on second quarter outlook
Delta Air Lines and United Airlines are forecast to lead the pack on profits in the second quarters as US carriers are set to begin reporting financials for the April-June period
-
Airline BusinessWeek 28 2024: First sight of second quarter
This week will see the first airline to report financial results for the second quarter when Delta Air Lines delivers its numbers for the April-June period on 11 July.
-
NewsRossiya set to test integrated aftersales service platform for MC-21’s PD-14 engines
Aeroflot Group carrier Rossiya is set to test a new aftersales service system developed to handle the Aviadvigatel PD-14 engine for the Yakovlev MC-21 twinjet.
-
NewsTurkish Airlines reaches compensation deal over PW1100G engines
Turkish Airlines has struck a compensation agreement covering engine availability issues impacting the Pratt & Whitney PW1100G geared turbofans powering its Airbus A320neo-family aircraft.
-
Airline BusinessAirline news digest: 29 June to 5 July 2024
Our regular rundown of the biggest airline stories from the past seven days
-
NewsCathay Pacific to redeem shares to draw line under Covid state support
Cathay Pacific has outlined plans to redeem and cancel its remaining preference shares held by the Hong Kong government related to a recapitalisation carried out in 2020 after the pandemic hit.
-
Airline BusinessSpohr sees scale and southern mission giving ITA a chance to prosper as part of Lufthansa
After more than a year of waiting, Lufthansa cannot yet quite begin bringing ITA Airways into the group, even after securing the regulatory green light from the European Commission.
-
NewsCopa Airlines takes delivery of its first Boeing 737 Max 8
Panama City-based Copa Airlines has taken delivery of its first Boeing 737 Max 8.