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Airline News


Wednesday, May 30, 2007

Airbus in $16B Qatar Airways deal

Airbus has signed a $16 billion deal with Qatar Airways for 80 A350XWB aircraft, replacing a 2005 agreement for 60 planes. (page not found)

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Tuesday, May 29, 2007

British Airways Shares Rise on Takeover Speculation

British Airways shares have risen 4.7 per cent on speculation the carrier may attract a private-equity bid.

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Monday, May 28, 2007

SAS strike due to enter fifth day

Strike action has caused Scandinavian Airlines to cancel most of its Tuesday flights to and from Sweden.

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Qantas to fly to South America for first time

Qantas will start flying to South America for the first time with a service to Santiago, Chile commencing in November 2008.

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Thursday, May 24, 2007

Virgin cuts Sydney deal; targets other airports

Sydney Airport and Virgin Blue have declared peace in their dispute over domestic runway charges in a 'landmark' deal for the Australian aviation industry.

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Air France-KLM profit rises 32 per cent

Air France-KLM has announced a plan to save 1.4 billion euros over three years after it posted a 32.5 per cent rise in profit for the 06-07 operating year. (page not found)

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Tuesday, May 22, 2007

Boeing assembles first 787 plane

The 787 Dreamliner jet is in its final stages of assembly at Boeing's main US production facility near Seattle.

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Singapore to buy China Eastern

Singapore Airlines is reportedly about to buy a 25% stake in China Eastern Airlines.

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Thousands stranded by Italy strike

A strike by Italian air traffic controllers and Alitalia flight attendants has left thousands of travelers stranded and hundreds of domestic and international flights cancelled. (page not found)

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Sunday, May 20, 2007

Branson's US airline to take off

Richard Branson's Virgin America plans to take to the skies this summer after winning final approval from the US Department of Transportation.

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Friday, May 18, 2007

Budapest Airport welcomes new Ryanair flight decision

Ryanair will operate four flights a week between Budapest and Nottingham from October 31, a decision welcomed by the head of Budapest Airport.

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Northwest gets okay for bankruptcy exit

Northwest Airlines will exit its Chapter 11 bankruptcy on May 31 with $2.5 billion in annual cost savings. (page not found)

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British Airways' Q4 profits plunge

British Airways has reported a fourth quarter loss of £71 million, compared to a profit of £88 million in the same period last year. (page not found)

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Star leaves door open for Virgin

Star Alliance has left the door open for negotiations with Virgin Blue about membership in its rapidly expanding airline group. (page not found)

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Thai aims to double Australian service

Thai Airways wants to almost double its flights to Australia with daily flights from Brisbane and Perth. (page not found)

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Cut-price airlines landing like flies

Malaysian budget carrier AirAsia has announced plans to commence flights between Australia and Kuala Lumpur.

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Tuesday, May 15, 2007

Another cheap airline plans to fly to Australia

Chinese budget carrier Viva Macau has confirmed its plans to fly three weekly services to Sydney by late July.

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Monday, May 14, 2007

Irish carrier gets a head start on open skies

Aer Lingus has been cleared for 'open skies' take-off a year before the rest of the industry.

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Wednesday, May 09, 2007

Ryanair declares price war

Ryanair has declared a price war against EasyJet and other low cost rivals, slashing 10 million tickets to £10 amid a downward turn in passenger numbers.

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Tuesday, May 08, 2007

Maxjet plans £100m AIM float to fund growth

Low fare business class carrier Maxjet is to float on the London stock exchange, following the lead of rival carrier Silverjet.

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AirAsia plans £130 return to Malaysia

AirAsia's CEO says flights from as little as £130 from Malaysia to Britain could commence from March 2008.

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Monday, May 07, 2007

Heads to roll in the wake of Qantas sale fiasco

Qantas shareholders now regard the position of chairwoman Margaret Jackson and her fellow directors as untenable after the failed $11.1 billion takeover bid ended in humiliation yesterday.

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Sunday, May 06, 2007

Airbus woos India with superjumbo

An Airbus 380 superjumbo has touched down for the first time in India.

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Saturday, May 05, 2007

Qantas board in emergency meeting

The consortium pursuing an $11.1 billion takeover of Qantas has said it will try to keep the deal alive after receiving a late acceptance from a major shareholder.

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Friday, May 04, 2007

Air NZ plans budget airline

Air New Zealand is looking to start a domestic budget carrier as the competition from rivals such as Kiwijet increases.

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Thursday, May 03, 2007

Tiger confirms Melbourne hub for domestic and international flights

Tiger Airways has confirmed it will base its Australian operations in Melbourne, creating direct competition with budget rivals Virgin Blue and Jetstar.

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Wednesday, May 02, 2007

Jetstar launches $3 tickets

Jetstar has offered its Jetmail customers 30,000 tickets at $3 each in response to the planned entry of Asian carrier Tiger Airways into Australia's domestic market.

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