Author Archive
Flybe Interested in Buying Cimber Sterling
British airline Flybe is interested in buying Danish airline Cimber Sterling that declared bankruptcy earlier this month, Finnish public broadcaster YLE said on Monday. “We see this as an opportunity to extend our plans i...
American Airlines To Explore Merger Options
AMR, parent of American Airlines, bowed to pressure on Friday from its unsecured creditors, including its largest unions, and said it would explore merger options while it is still in bankruptcy. AMR, which has been in Chapter ...
Thai Air Reports Stronger Q1 Profit
Thai Airways on Friday reported a surge in quarterly net profit on the back of a recovery in passenger traffic. Thailand’s flag carrier posted a January-March net profit of THB3.6447 billion baht (USD$117 mi...
Emirates Urges Boeing To Move Fast On 777
Emirates has urged Boeing to make up its mind quickly on plans for an enhanced version of the wide-body 777, predicting it would be a success in the market. Emirates’ president Tim Clark also warned Boeing r...
IAG Q1 Loss Doubles On Fuel Prices
International Airlines Group formed by the merger of British Airways and Iberia, said first quarter losses more than doubled as higher fuel costs and weakness in Spain undermined strength in premium long-haul trav...
Air India Risks Losing Bailout As Pilots Agitate
State-owned Air India risks losing a USD$5.8 billion government bailout, India’s civil aviation minister said on Thursday, as industrial action by pilots disrupted flights for a fourth day. The national airline, which has...
