Author Archive
Virgin Australia Narrows Full Year Loss
July 29, 2015 Virgin Australia Narrows Full Year Loss Virgin Australia said its annual net loss had narrowed as it cut costs by limiting its seat capacity to bolster demand and drive up fares. The carrier, due to announce detai...
Malaysia Almost Certain Debris Is From A 777
July 30, 2015 Malaysia Almost Certain Debris Is From A 777 Malaysia is “almost certain” that plane debris found on Reunion Island in the Indian Ocean is from a Boeing 777, heightening the possibility it could be wre...
Air France-KLM To Speed Up Cost Cuts
Air France-KLM To Speed Up Cost Cuts Air France-KLM said it will expand and accelerate its restructuring plans after reporting a net quarterly loss of EUR€79 million. The carrier said it was on course with EUR€1.8 billion (...
Thai Airways To Cut Jobs, Stop US Flights
Thai Airways To Cut Jobs, Stop US Flights Thai Airways plans to cut 1,401 jobs through voluntary retirement this year and suspend its loss-making flights to Los Angeles and Rome as it pushes ahead with a restructuring plan. Tha...
Turkish Air’s LCC Eyes Germany, France, UK
Turkish Air’s LCC Eyes Germany, France, UK Turkish Airlines is considering starting flights with its low-cost unit AnadoluJet to Germany, France and Britain, although no decision has yet been taken, the carrier’s ch...
Norwegian Says Long-Haul Expansion Paying Off
Norwegian Says Long-Haul Expansion Paying Off Norwegian Air Shuttle swung to an operating profit in the second quarter, as its bet on the long-haul market turned profitable for the first time. Norwegian, Europe’s number t...