Airlines Updates

Chinese airlines court Cathay pilots facing pay squeeze

November 23rd 2017 4:52PM
SHANGHAI/SINGAPORE, Nov 24 (Reuters) - Chinese airlines are circling disaffected pilots at Hong Kong'sCathay Pacific Airways, offering sky-high ...

US tax threat to Gulf airlines may be 'discriminatory'

November 23rd 2017 3:11PM
Coombs said the US is a very important market for the three airlines and, if enacted, the removal of the tax exemption would have a “significant” impact. “They may want to look at legal recourse,” he added, as the amendment could be interpreted as “discriminating” against certain airlines and not others.

Slow fresh produce paper work costs airlines millions

November 23rd 2017 1:18PM
JKIA-based airlines say they have been compelled to take responsibility for decline in quality of horticultural goods on delays, leading to compensation of owners for losses. The carriers and other players told the 2017 flower logistics conference that too much paper work by the plants inspector is ...

Northern airline setting up maintenance facility at Edmonton International Airport

November 23rd 2017 1:07PM
Canadian North Airlines is setting up a multi-million dollar maintenance facility early next year in its operations base at Edmonton International Airport (EIA). The company intends to hire 30 people initially to handle maintenance, repair, operations and parts manufacturing for its fleet of 15 Boeing ...

These Airlines Are Giving Away $12 Flights On Black Friday

November 23rd 2017 12:11PM
We've seen plenty of amazing deals for Black Friday so far - from flash deals on flights to BOGO at Urban Outfitters - but nothing quite compares to the deals one airline is shelling out this weekend. Two low-cost airlines - Iceland's WOW Air and Ireland's Ryanair - are offering discounts ahead of Black ...

Gulf Airlines Targeted for US Tax Hit

November 23rd 2017 11:03AM
The move threatens to reignite a row over the breakneck growth of Gulf carriers, which U.S. rivals including Delta Air Lines Inc., American Airlines Group Inc. say has been made possible by illegal state aid. While operators from nations such as Suriname and Fiji would also be affected, the wording of the ...

IATA airlines push ahead to modernize BSP

November 23rd 2017 10:17AM
GENEVA — IATA member airlines have given the green light to full implementation of the New Generation of IATA Settlement Systems (NewGen ISS), billed by IATA as the most extensive and ambitious modernization of the IATA Billing and Settlement Plan (BSP) to date, facilitating the global distribution ...

This firm wants to lease its A380s to Google and Airbnb

November 23rd 2017 9:11AM
Mark Lapidus, Amedeo chief executive, said Thursday that his ambition is to gather a small network of three or four airlines that would buy seats on ...

Lookout for Price Target? Diamondback Energy, Inc. (FANG), LATAM Airlines Group SA (LTM)

November 23rd 2017 8:03AM
LATAM Airlines Group S.A. (NYSE:LTM), maintained return on investment for the last twelve months at 1.48, higher than what Reuters data shows regarding industry's average. The average of this ratio is 0.49 for the industry and sector's best figure appears 7.43. LATAM Airlines Group S.A. (NYSE:LTM), ...

IATA Member Airlines Approve Newgen ISS Initiative

November 23rd 2017 7:52AM
KUALA LUMPUR – The International Air Transport Association (IATA) has announced that the Passenger Agency Conference (PAConf), composed of IATA's member airlines, has adopted resolutions for the full implementation of the New Generation of IATA Settlement Systems (NewGen ISS) initiative.

United Airlines Announces New Routes, Two New Destinations

November 23rd 2017 6:56AM
Shortly after United decided to pull out of Elmira in April 2016, Fort Worth-based American Airlines also ended service from its Philadelphia hub, leaving Delta and Allegiant as the only carriers at the airport. “We promised the community this when we lost American, and when we lost Philadelphia, that we ...

Hawaiian Airlines improving its services to attract more Chinese customers

November 23rd 2017 6:21AM
With its very first scheduled flight commencing on November 11, 1929, Hawaiian Airlines, Hawaii's flagship carrier, has just celebrated its 88th ... "China is a very important market for our company," Li Wei, head of Hawaiian Airlines China, said in a recent exclusive interview with the Global Times.

China has flown its first flight to the US powered partly by used cooking oil

November 23rd 2017 6:11AM
A little over two years ago, China's Hainan Airlines flew 156 passengers with the help of cooking oil from Shanghai to Beijing. Now, the same carrier, which is already China's biggest private airline by both market size and fleet size, flew passengers much further on cooking oil-blended aviation fuel.

Singapore Airlines unveils amazing Black Friday deals including return flights to the USA from just ...

November 23rd 2017 6:11AM
The deals are already available on the Singapore Airlines website, and you have until Tuesday 28th November to snap up one of the deals. However at these prices we reckon the seats are bound to sell out quickly - so if you've got a destination in mind then it's worth beating the crowds and trying to ...

IATA Urges African States to Release Blocked Airline Funds

November 23rd 2017 6:00AM
The International Air Transport Association (IATA) has called on African governments to address the increasingly acute problem of blocked airline funds. According to IATA, African airlines continue to experience varying degrees of difficulty repatriating revenues earned in most countries on the continent, ...

My Favorite Airline For 2018

November 23rd 2017 6:00AM
The airline industry has strong tailwinds. One effect that will propel airline companies higher is the rising consumer confidence index (CCI). The CCI is a barometer to measure the degree of optimism on the state of the economy. In general, if the CCI rises, consumers are confident about the economy, ...

Airlines are getting greener

November 23rd 2017 5:26AM
Airlines are increasingly incorporating biofuels into their power mix in a bid to reduce their carbon emissions. A Hainan Airlines flight this week from Beijing to Chicago O'Hare Airport is the latest long-distance trip to be powered by a percentage of biofuels. “Climate change has become a common ...

More airlines will fold in battle for middle ground, analyst says

November 23rd 2017 5:26AM
More airlines will collapse as players in the industry do battle in an ever-more-crowded sector, according to one analyst. In recent months, a loose grip on cost-control allied to high capacity in Europe has led to the demise of low-cost carriers Air Berlin and Monarch Airlines. John Sneller, head of aviation ...

ROYAL BRUNEI AIRLINES

November 23rd 2017 5:03AM
Royal Brunei Airlines (RB) is the National Airline of Brunei Darussalam, set-up to serve the needs of the travelling public and provide vital connectivity with the key cities across the globe. It primarily caters for passenger markets and carries freight in the belly space of its aircraft. It also has developed ...

Hainan Airlines Completes First Transcontinental Biofuels Flight

November 23rd 2017 4:52AM
When a Hainan Airlines Boeing 787 landed Nov. 21 at Chicago O'Hare International Airport, it marked its successful first international biofuels flight. The GEnx engines on the 13-hour flight, HU497, between Beijing and Chicago, were powered mix of jet fuel and a biofuel derived from used cooking oil.