Tag: fuel costs

IATA forecast for global aviation in 2019 is not so good for reasons listed

Juergen T Steinmetz Juergen T Steinmetz- June 2, 2019 02:30

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from $35.5 billion forecasts in December ... Read More

Carsten Spohr: Lufthansa Group focuses on high-quality, responsible growth

Chief Assignment Editor Chief Assignment Editor- May 7, 2019 22:30

"Lufthansa Group has become even stronger, more efficient and more modern," says Carsten Spohr, Chairman of the Executive Board of Deutsche Lufthansa AG. "We are Europe’s number one." As in ... Read More

WOW Air shut down: Thousands stranded

editor editor- March 28, 2019 18:10

This is the email WOW Air passengers received after the airline shut down and flights were canceled: Dear WOW air guest, thank you for contacting us. We regret to announce ... Read More

35 airlines confirmed for CONNECT Middle East, India & Africa forum in Dubai

Chief Assignment Editor Chief Assignment Editor- March 18, 2019 16:12

More than 30 airlines have confirmed their participation at the inaugural CONNECT Middle East, India & Africa – co-located with Arabian Travel Market 2019 and taking place at Dubai World ... Read More

Delta Air Lines climbs in Fast Company’s Most Innovative Companies rankings

Chief Assignment Editor Chief Assignment Editor- February 20, 2019 19:10

Delta is one of Fast Company's Most Innovative Companies Worldwide for the second consecutive year – the only airline on the who's who of tech disruptors including Apple, Microsoft, Google ... Read More

Air Astana reports $5.3 million net profit in 2018

Chief Assignment Editor Chief Assignment Editor- February 13, 2019 19:05

Air Astana has declared unaudited net profit for 2018 of US$5.3m, driven by higher revenues and higher jet fuel costs. Total airline revenue rose by 10% to US$840.8 million. Capacity ... Read More

The hidden costs of ‘kiss & fly’ drop-off lanes at UK airports

Chief Assignment Editor Chief Assignment Editor- February 6, 2019 16:20

With many consumers intent on becoming more eco-conscious in 2019, UK travelers may not appreciate the environmental damage and negative consequences of their ‘kiss and fly’ lift to the airport. ... Read More

IATA: Airlines heading for a decade in the black

Chief Assignment Editor Chief Assignment Editor- December 12, 2018 06:30

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 ... Read More

CEO Ahmed of Emirates calls Lions Air B737 MAX crash a snag

Juergen T Steinmetz Juergen T Steinmetz- December 11, 2018 23:14

Fly Dubai is awaiting delivery of the Boeing 737 MAX, the same aircraft that just had a deadly crash when a Lion Air B737 MAX crashed in Indonesia recently. The ... Read More

AFRAA launches joint fuel purchasing project

editor editor- January 13, 2012 09:09

(eTN) - Nine member airlines of the African Airline Association (AFRAA) in Nairobi will be joining hands under a project devised by AFRAA in an effort to seek lowering their ... Read More

Rising fuel costs batter Emirates’ profit

editor editor- November 4, 2011 07:07

Rising fuel costs and turbulent currency markets have dragged profits at Emirates Airline lower as the industry braces for a tough year ahead. Read More

Airlines up fares to offset high fuel costs

editor editor- June 13, 2011 02:31

Dubai - Airlines around the world will have to increase fares by about five per cent to offset the massive 50 per cent surge in fuel prices over the last ... Read More

Airline fees soar

editor editor- May 3, 2011 04:17

NEW YORK - Thinking of spending a weekend in Paris this spring? Think again. Read More

US carriers report 14th consecutive month of revenue growth

editor editor- March 18, 2011 03:59

WASHINGTON - The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. Read More

Air Canada adjusts outlook in light of sustained high fuel costs

editor editor- March 18, 2011 03:53

Air Canada said that it is adjusting its previously communicated plans for 2011 system capacity growth in light of sustained high fuel costs. AC had said back on Feb. Read More

Emirates to raise fares as fuel costs soar

editor editor- March 2, 2011 05:01

Emirates, the Arab world’s biggest airline, will raise fares from Tuesday as oil market speculation sends fuel costs soaring, the Dubai flag carrier said in a statement. Read More

Air Arabia net profit plunges 37 percent

editor editor- February 22, 2011 03:55

DUBAI, United Arab Emirates - Budget airline Air Arabia posted a 37% drop in Q4 net profit, missing analyst forecasts, and the airline plans to cut its dividend amid rising ... Read More

Rising fuel costs dampen Carnival’s profit

editor editor- June 24, 2010 03:51

CHICAGO — Higher fuel costs dampened cruise operator Carnival Corp.'s second-quarter profit, but the company said Tuesday that its revenue rose and an important performance measure climbed for the f Read More

Southwest locks in fuel costs, a gamble that keeps fares in check

editor editor- September 29, 2008 04:03

As jet fuel prices sent airlines on a stomach-churning ride, spurring new fees and higher prices, Southwest Airlines customers have had a smoother trip. Read More

Bill Marriott joins voices calling for action on energy and fuel costs

editor editor- July 25, 2008 05:15

BETHESDA, Maryland - With sky-high fuel prices threatening the airline industry and potentially stifling travel throughout the US, Marriott International, Inc. Read More

Rising fuel costs spur Air Tahiti Nui to suspend JFK-Tahiti winter flights

editor editor- June 28, 2008 06:38

LOS ANGELES, CA - Air Tahiti Nui announced its decision today to suspend its flights from John F. Read More

Southwest Airlines and the FAA revolutionize the skies

editor editor- June 20, 2008 02:17

Southwest Airlines' senior director of Flight Operations Jeff Martin spoke today about the benefits of RNP (Required Navigation Performance) and Southwest's progression on RNP implementation fleet-wide at the Eco-Aviation Conference ... Read More

Budget airline AirAsia expands in-flight menu, merchandize to offset higher fuel costs

editor editor- June 19, 2008 03:58

Kuala Lumpur, Malaysia - Budget carrier AirAsia on Wednesday unveiled plans to boost income with a wider in-flight Asian menu and offering online merchandize to help offset rising fuel costs. Read More

Fuel costs could bankrupt most airlines next year

editor editor- June 16, 2008 04:28

FORT WORTH, Texas - A new study released by a business travelers group has predicted most major airlines will be bankrupt by next year if fuel costs remain high. The ... Read More

ExpressJet signs new agreement with Continental Airlines and reduces fleet

editor editor- June 6, 2008 06:37

ExpressJet Holdings, Inc. announced today that, while it continues to explore all of its strategic options, it has entered into a new seven-year capacity purchase agreement with Continental Airlines, Inc. Read More

United, Continental boost airfares

editor editor- March 16, 2008 07:38

United Airlines and Continental Airlines increased fares as much as $50 per round trip Thursday and Friday as jet fuel rocketed to a record $3.03 per gallon this week and ... Read More

Airlines pushed into dejection zone

editor editor- March 2, 2008 06:18

Lack of sops in the 2008 Budget has pushed loss-laden airline industry into dejection zone, but civil aviation minister Praful Patel continues to be hopeful of getting them a decent ... Read More

Budget airline on course for a ‘perfect storm’ as fuel costs rise

editor editor- February 6, 2008 03:52

The aviation industry is flying into a "perfect storm" that could halve Ryanair's profits next year, the low cost carrier warned yesterday. Read More

Delta can’t afford to fly

editor editor- January 6, 2008 08:45

With jet fuel prices refusing to retreat from record heights, Delta Air Lines is doing more than just raising fares, and some of the measures will hit Salt Lake City ... Read More