Archive

Ryanair Extends Flight Cancellations Into 2018

Posted By Tony Sanchez / Airlines / 0 Comments

September 27, 2017 Ryanair Holdings Plc will extend flight cancellations into next year while dropping plans to bid for bankrupt Italian carrier Alitalia SpA as it struggles to come to grips with the crisis surrounding a pilot shortage. Ryanair will operate 25 fewer planes than planned during its winter schedule starting in November, and then […]

EasyJet Joins Forces With U.S. Startup to Develop Electric Plane

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September 27, 2017 EasyJet Plc is working with a U.S. engineering startup to develop a fully electric commercial plane within a decade, the low-cost British airline said Wednesday. Founded last year by a team of engineers and battery chemists, U.S.-based Wright Electric is setting its sights on designing an aircraft that can fly 335 miles. […]

Qatar Airways firms up order for 2 Boeing 747-8Fs as part of $2.16bn spend

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September 26, 2017 Qatar Airways has firmed up the order of two Boeing 747-8 Freighters and four 777-300ERs, which are valued at $2.16 billion at list prices. The carrier says this is a sign of its continued expansion and contribution to the US economy, and adds to its fleet of nearly 100 Boeing widebody aircraft […]

Atlas Air and Polar Air Cargo seek preliminary junction to stop “illegal slowdown”

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September 26, 2017 Atlas Air and Polar Air Cargo  – subsidiaries of Atlas Air Worldwide Holdings – announced yesterday they are seeking a preliminary court injunction to stop what they say is an “illegal slowdown” of work. The injunction accuses the trade unions representing pilots – the International Brotherhood of Teamsters, the International Brotherhood of Teamsters, […]

Insolvent Air Berlin Upbeat on Jobs as Long-Haul Flights End

Posted By Tony Sanchez / Airlines / 0 Comments

September 25, 2017 Air Berlin Plc will cease long-haul flights in the coming weeks as the insolvent German carrier gradually winds down in a process that may still yield employment prospects for the bulk of staff. Some domestic German routes are set to be cut by the end of this week, and all inter-continental services […]

Air Berlin negotiations with Lufthansa and easyJet to continue

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September 25, 2017 Air Berlin says negotiations with Lufthansa and easyJet will now continue until 12 October 2017 with the aim to takeover units of the German carrier. Air Berlin has received offers from Lufthansa for the subsidiaries Luftverkehrsgesellschaft Walter (LGW), the Austrian airline Niki and parts of Air Berlin, while low-cost carrier easyJet has […]

Lufthansa, EasyJet Get Inside Track on Buying Air Berlin Assets

Posted By Tony Sanchez / Airlines / 0 Comments

September 22, 2017 Deutsche Lufthansa AG and EasyJet Plc were selected as the preferred bidders for the main assets of insolvent Air Berlin Plc, handing both airlines a rare chance to rapidly expand in Europe’s biggest economy. The creditors’ committee will continue talks with the two carriers until Oct. 12 with the aim of selling […]

Boeing Lands $11 Billion 787 Deal From Resurgent Turkish Air

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September 22, 2017 Turkish Airlines said it intends to purchase 40 of Boeing Co.’s 787-9 Dreamliners, a long-awaited deal that signals the carrier’s rebound following a terrorist attack on its Istanbul hub last year. When finalized, the order would be valued at almost $11 billion before the customary discounts for large aircraft purchases. The pact, […]

FedEx Q1 figures hit by June cyber attack and hurricane

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September 20, 2017 FedEx reported yesterday that the 27 June NotPetya virus cyber attack on TNT Express wiped $300 million from its quarterly profit, while Hurricane Harvey also impacted operations. FedEx said the worldwide operations of TNT Express were “significantly affected” during Q1 cyber attack, but most TNT services resumed during the quarter and all […]

Ryanair Scrambles to Contain Damage From Cancellation Fiasco

Posted By Tony Sanchez / Airlines / 0 Comments

September 18, 2017 Ryanair Holdings Plc sought to contain the damage from plans to scrap hundreds of flights through the end of October, vowing to publish the full list of affected connections and provide clarity for unsettled customers. With mass cancellations set to leave about 400,000 passengers in the lurch, Europe’s biggest discount airline is […]