Tag: fuel costs
IATA forecast for global aviation in 2019 is not so good for reasons listed
Juergen T Steinmetz- June 2, 2019 02:30The 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- 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- March 28, 2019 18:10This 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- March 18, 2019 16:12More 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- February 20, 2019 19:10Delta 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- February 13, 2019 19:05Air 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- February 6, 2019 16:20With 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- December 12, 2018 06:30The 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- December 11, 2018 23:14Fly 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- 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- November 4, 2011 07:07Rising 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- June 13, 2011 02:31Dubai - 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- May 3, 2011 04:17NEW YORK - Thinking of spending a weekend in Paris this spring? Think again. Read More
US carriers report 14th consecutive month of revenue growth
editor- March 18, 2011 03:59WASHINGTON - 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- March 18, 2011 03:53Air 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- March 2, 2011 05:01Emirates, 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- February 22, 2011 03:55DUBAI, 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- June 24, 2010 03:51CHICAGO — 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- September 29, 2008 04:03As 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- July 25, 2008 05:15BETHESDA, 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- June 28, 2008 06:38LOS 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- June 20, 2008 02:17Southwest 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- June 19, 2008 03:58Kuala 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- June 16, 2008 04:28FORT 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- June 6, 2008 06:37ExpressJet 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- March 16, 2008 07:38United 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- March 2, 2008 06:18Lack 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- February 6, 2008 03:52The 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- January 6, 2008 08:45With 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