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Qatar Airways to report second consecutive full year loss: CEO

Posted By Tony Sanchez / Airlines / 0 Comments

March 6, 2019 Qatar Airways will report a second consecutive annual lost this year, its chief executive said on Wednesday, blaming higher fuel costs and unfavorable currency exchange rates. The state-owned airline has rapidly expanded to new destinations since it lost access to 18 Middle East cities in 2017 due to a diplomatic rift between […]

Lufthansa to be active in consolidation, no comment on Condor: CEO

Posted By Tony Sanchez / Airlines / 0 Comments

March 6, 2019 Lufthansa will be an active player in consolidation among European airlines, Chief Executive Carsten Spohr said on Wednesday, declining to comment on whether the German airline group was interested in Thomas Cook’s Condor. “We don’t comment on M&A speculation,” he said when asked about Lufthansa’s reported interest in Condor. Source: (Reuters)

EU and Qatar to have complete open skies by 2024: Qatar Airways CEO

Posted By Tony Sanchez / Airlines / 0 Comments

March 6, 2019 The number of flights permitted between the European Union and Qatar will gradually increase following the signing of an agreement this week and result in unlimited access by 2024, the CEO of Qatar Airways said on Wednesday. Qatar and the EU signed a broad air services pact on Monday allowing Qatari and […]

Air traffic control issues cost EU economy $20 billion in 2018: airline body

Posted By Tony Sanchez / Airlines / 0 Comments

March 6, 2019 Air traffic control (ATC) strikes and staff shortages cost the EU economy 17.6 billion euros ($19.88 billion) in 2018 in the worst year of delays for air passengers in nearly a decade, industry association Airlines for Europe (A4E) said on Wednesday ATC industrial action, a lack of controllers or other structural issues […]

Airlines lack clear flight path to lower carbon emissions: researchers

Posted By Tony Sanchez / Airlines / 0 Comments

March 6, 2019 Some of the world’s largest airlines have yet to set long-term targets to reduce their climate-changing emissions, climate and economic researchers warned Tuesday. Top publicly listed airlines have cut their “emissions intensity” – how much pollution they produce for the same amount of activity – significantly in recent years, said researchers from […]

Major European airline executives believe there will be more airline failures in 2019

Posted By Tony Sanchez / Airlines / 0 Comments

March 6, 2019 The chiefs of major European airlines believe there will more failures in the industry this year after the collapse of the likes of Germania and Britain’s flybmi. Asked in a panel discussion at the Airlines for Europe summit in Brussels, the chief executives of airline groups IAG, easyJet, Ryanair, Lufthansa and KLM […]

Cargolux bans shipments of lion bones

Posted By Tony Sanchez / Airlines / 0 Comments

February 6, 2019 Cargolux Airlines International has banned the transport of lion bones to tackle poaching and breeding for trophy hunts. The cargo airline is among the first major carrier to ban these shipments, and though Cargolux has not yet been approached to handle such commodities, it says it is crucial to take the stance […]

Chemical Tanker Spills Bunker in Canadian Port

Posted By Tony Sanchez / environment / 0 Comments

March 6, 2019 The 3,569 dwt chemical tanker North Atlantic Kairos has experienced a bunker spill in the Port Aux Basques harbour, Canada. According to the Canadian ferry services operator Marine Atlantic, the spill was noticed in the afternoon hours of March 3. The company said that it had been working with relevant authorities regarding observation and response activities, […]

Hapag-Lloyd Looking for Terminal to Offload Intact Yantian Boxes

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 6, 2019 German shipping major Hapag-Lloyd is searching for a terminal where it could offload the undamaged containers from the fire-stricken Yantian Express. In its latest advisory, the company said it is “exploring options with regard to the balance of the containerized cargo, which is unaffected by the fire and remains in a dry and […]

Diana Shipping Inks Newcastlemax Charter with Koch

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 6, 2019 Greek shipowner Diana Shipping has extended a time charter contract with Singapore’s Koch Shipping for one of its Newcastlemax dry bulk vessels, the San Francisco. The gross charter rate for the 208,006 dwt bulker was agreed at USD 16,000 per day for a period of nineteen to about twenty-two months. The charter commenced […]