The Emirates Group has today announced it 25th consecutive year of profit and company-wide growth ending the year in a strong position despite continuing high fuel prices and a weak global economic environment. The financial year also ended with some very positive newly reached capacity milestones throughout the business. Released today in the Group’s 2012-13 Annual Report, the company posted an AED 3.1 billion (US$ … Read more
Share Tweet Share Share Email Comments SAS Group has signed an agreement to sell 80% of its shares in Widerøe’s Flyveselskap AS to a group of investors consisting of Torghatten ASA, Fjord1 AS and Nordland Fylkeskommune. SAS will retain a 20% share in Widerøe but will have the intention to transfer full ownership of Widerøe … Read more
Share Tweet Share Share Email Comments Qantas will more than double the size of its existing Qantas Club in Darwin and upgrade the lounge facilities to cater for Business and premium leisure travel to the region. Qantas Group Chief Executive Officer Alan Joyce, who visited Darwin Airport to make the announcement, said the new facilities … Read more
United Airlines announced an agreement to add 30 Embraer 175 regional jets to the United Express fleet. Under an agreement with Embraer, United will purchase the aircraft with deliveries in 2014 and 2015. These aircraft will be operated by a United Express partner to be announced later. “At United, we are focused on modernizing our fleet, and we look forward to … Read more
Air Seychelles, the national airline of the Republic of Seychelles, announced that it has entered into a codeshare agreement with South African Airways, the national airline of the Republic of South Africa. The first phase of the agreement will see South African Airways place its “SA” code on Air Seychelles’ non-stop flights between Johannesburg and … Read more
Ethiopian Airlines resumed Boeing 787 Dreamliner operations on Saturday, 27 April 2013 with a flight from Addis Ababa to Nairobi. Ethiopian Airlines CEO, Tewolde Gebremariam and Randy Tinseth, Boeing Vice President of Marketing, were on board this flight, which is be the first commercial flight in the world since the grounding of the Dreamliners. Ethiopian … Read more
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has proposed a $4 million civil penalty against United Parcel Service (UPS) of Louisville, for allegedly maintaining four cargo aircraft improperly and then operating them when they were not in compliance with Federal Aviation Regulations. The FAA alleges that UPS failed to follow FAA-approved procedures for … Read more
Etihad Airways and Jet Airways today announced that the UAE national carrier has agreed to subscribe for 27,263,372 new shares in Jet Airways at a price of INR754.74 per share. The value of this equity investment is US$379 million and will result in Etihad Airways holding 24 per cent of the enlarged share capital of … Read more
Porter Airlines is boosting service from Billy Bishop Toronto City Airport to Boston’s Logan International Airport and Chicago Midway International Airport, with one additional weekend roundtrip available immediately. Summer service to Chicago will also include an extra weekday flight, from June 24 until August 30. This has increased the number of weekly options to … Read more
After a thorough selection process, International Airline Group (IAG), and British Airways have signed a Memorandum of Understanding (MoU) to buy 18 Airbus A350-1000 aircraft plus 18 options, as part of the airline’s on-going long-haul aircraft fleet renewal and modernization strategy. IAG, owner of both British Airways and Iberia, has also secured commercial terms and … Read more