JetBlue Founder Finally Offers Details About His New Airline — Including Its Name

Posted By Tony Sanchez / Airlines / 0 Comments

February 7, 2020 David Neeleman’s new airline promises to have good service at competitive prices. That’s his strategy at every airline, and it’s commendable. But Neeleman is also planning to operate what is essentially two business models at once. Can he pull it off? When David Neeleman’s startup airline, to be called Breeze Airways, begins […]

Qatar Airways in talks to buy 49% RwandAir stake, interested in increasing LATAM investment

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February 5, 2020 Qatar Airways is in talks to buy a 49% stake in Africa’s RwandAir, and is interested in doubling its holding in LATAM Airlines Group (LTM.SN) to 20%, its chief executive said on Wednesday. A stake in an African airline would widen its reach in one of the world’s fastest growing aviation regions, […]

Airline industry healthy enough to absorb significant downturn in China’s economy: IAG CEO

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February 5, 2020 The airline industry is “without question” healthy enough to absorb a significant downturn in China’s economy, said Willie Walsh, chief executive of International Airlines Group, which owns British Airways. He was speaking at an aviation event in Doha on Wednesday. Global airlines have suspended or scaled back more direct flights to China’s […]

Korean Air Launches New Direct Service to Budapest

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February 5, 2020 Korean Air will launch new direct passenger and cargo service to Budapest, Hungary. Starting from May 23, 2020, Korean Air will commence the new scheduled passenger flight between Incheon (Seoul) and Budapest three times a week (Tuesday, Thursday and Saturday). The flight from Incheon to Budapest (KE971) will depart at 12:00 and […]

Cebu Pacific expects up to $79 million hit from coronavirus

Posted By Tony Sanchez / Airlines, Coronavirus / 0 Comments

February 4, 2020 Cebu Pacific expects the coronavirus outbreak to impact its bottom line by up to Ps4 billion ($79 million). The low-cost carrier estimates that it will see “a Ps3-4 billion swing on profit” should the outbreak remain unabated over the next six months. It makes this estimate based on 2003’s Severe Acute Respiratory […]

AirAsia CEO Tony Fernandes Out For Now Amid Airbus Bribery Probe

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February 4, 2020 There’s always some give-and-take whenever any customer places a big order for anything. But did Airbus go too far to try to sway AirAsia? And what will this mean for CEO Tony Fernandes’ grand digital plans? AirAsia Group CEO Tony Fernandes, one of the world’s most iconic airline entrepreneurs, will step aside […]

Lufthansa Group achieves top climate protection airlines ranking 2019

Posted By Tony Sanchez / Airlines, environment / 0 Comments

February 4, 2020 The Lufthansa Group has achieved the Climate Scoring result “B” in the 2019 climate change reporting of the non-profit rating organisation CDP. As in the previous year, the airline group is thus once again listed in the second highest ranking band and thus occupies one of the top positions among the airlines. […]

JAL’s third-quarter profit hit by weak international demand

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February 3, 2020 Japan Airlines (JAL) posted a 20% decline in third-quarter operating profit, on the back of lower revenue from the international passenger and cargo segments. Operating profit for the three months ended 31 December 2019 came in at Y38.8 billion ($357 million), the carrier states in an investor presentation. Domestic passenger revenue was […]

Korean Air becomes Budapest’s latest airline

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January 31, 2020 Budapest Airport’s record growth continues as the Hungarian capital announces yet another new airline for summer 2020.  Korean Air, the flag carrier of South Korea, will operate three-times-weekly from its Seoul Incheon hub to Budapest from 23May to 17 October.  Its arrival means that Central and Eastern Europe’s leading gateway will offer […]

All Nippon Airways signs joint venture agreement with Singapore Airlines

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January 31, 2020 Japan’s largest airline All Nippon Airway has signed a joint venture with Singapore’s flag carrier Singapore Airlines to strengthen their already existing relationship. The deal will see the airlines expand their partnership beyond the shores of their respective countries and into such key markets as Australia, India, Indonesia and Malaysia. Subject to […]