Archive

Delta, Pilots’ Union Go To Mediation

Posted By Tony Sanchez / Airlines / 0 Comments

March 31, 2016 Delta Air Lines and its pilots’ union will go to federal mediation after failing to come to an agreement on a tentative contract, the Air Line Pilots Association International (ALPA) said. Read More

Lufthansa Takes Delivery Of Second A320neo

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March 31, 2016 Lufthansa has taken delivery of a second Airbus A320neo, but the German airline said engine issues which had delayed its taking delivery of the plane were not yet fully resolved. Read More

KLM Trials Biofuel-Powered Flights

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March 31, 2016 KLM on Thursday launched the first in a series of 80 flights from Oslo to Amsterdam using a biofuels blend to power an Embraer E190 jet. Read More

Vietstar Air looks to move beyond military roots into cargo

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March 31, 2016 Following its application with Vietnam’s Ministry of Transport for an “air transport business license,” the commercial arm of Vietnam’s Air force, Vietstar Air, could soon become the country’s first airline to operate commercial freighters, according to local media sources. Read More

Details emerge on new SATS, Oman Air joint venture

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March 31, 2016 Muscat-based Oman Air has agreed to transfer its cargo operations into a new joint venture with SATS Investments Ptd Ltd, the wholly-owned subsidiary of Singapore-based SATS Ltd., and let SATS assume its cargo handling duties at Muscat International Airport under the heading of the newly formed company, Oman SATS Cargo LLC. Read […]

Brazil rejects UPS appeal to FedEx/TNT deal

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March 30, 2016 A last-minute attempt to derail the planned FedEx/TNT Express merger was thwarted today by Brazilian regulators, when they rejected an appeal by rival UPS, which had objected to the deal on antitrust grounds. Read More

Agility reports jump in net profit despite falling revenues

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March 30, 2016 Lower gross revenues for Agility, the Kuwait-based integrated logistics provider, did not put a damper on the company’s 5 percent year-over-year jump in 2015 net profit, which grew to US$175 million. Read More

Air China 2015 Profit Jumps 77.5 Percent

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March 30, 2016 Air China’s 2015 net profit jumped 77.5 percent, boosted by low fuel prices and robust leisure and business travel demand. Read More

Air NZ Mulls Selling Out Of Virgin Australia

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March 30, 2016 Virgin Australia’s biggest shareholder Air New Zealand said it may sell its 26 percent stake in a sign that backers of Australia’s No. 2 carrier are growing impatient with its slow profit turnaround. Read More

Gol To Cut Capacity After Heavy Q4 Loss

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March 30, 2016 Brazilian airline Gol reported a quarterly net loss of BRR1.130 billion reais (USD$311 million), 79 percent bigger than its loss a year earlier. Read More