Author Archive
Finnair Hit By Weaker Yen, Cuts Outlook
Finnish flag carrier Finnair reported a weaker second-quarter profit and cut its full-year sales outlook due to a weaker Japanese yen, raising fears the company’s nascent turnaround may be losing momentum. Finnair ...
IAG Places Order For Up To 220 Airbus A320s
IAG, the parent of British Airways and Iberia, on Wednesday placed firm orders and options for up to 220 Airbus A320s, with 120 for its Barcelona-based subsidiary, Vueling. International Airlines Group said the new aircr...
Cathay Cuts Capacity To Restore Profitability
Cathay Pacific Airways is scaling back seating capacity on some long-haul routes to offset declines in its air freight business and try to return to profitability. Cathay, which competes in global markets with carriers s...
Air India To Lease 19 Airbus A320s
Air India is seeking to lease 19 Airbus A320 short-haul aircraft as the money-losing carrier seeks to cut costs, the state-run company said on Tuesday. It plans to take delivery of up to seven aircraft in the fourth quar...
Global Airlines Want To Stay At Heathrow
Some of the world’s biggest airlines have ruled out moving from London Heathrow to another UK airport, according to a report in the Financial Times. The report suggests that the decision by all three global airline...
British Airways Flight Had To Turn Back Twice
British Airways has promised to compensate passengers who were on a plane that had to turn back twice to Riyadh airport, according to reports. The Boeing 747 had to make two emergency landings at the Saudi airport after ...
