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Lufthansa’s Loss Narrows, But More Needed On Costs
Lufthansa’s Loss Narrows, But More Needed On Costs Lufthansa posted a smaller operating loss in the first quarter, but said further action was needed to lower costs, especially in light of a rising pension burden and staf...
Malaysia Air To Sell Long-Haul Jets
Malaysia Air To Sell Long-Haul Jets Malaysia Airlines is planning to sell off some of its aircraft as part of its restructuring efforts, aviation news website Flightglobal reported. After two air disasters and years of losses, ...
Air France-KLM Narrows First-Quarter Operating Loss
Air France-KLM Narrows First-Quarter Operating Loss Air France-KLM said pressure on ticket prices and negative currency effects would offset virtually all the benefits of lower fuel prices this year after it reported a narrower...
EU Soon To Approve Air France, Delta, Alitalia Pact
EU Soon To Approve Air France, Delta, Alitalia Pact Air France-KLM, Delta Air Lines and Alitalia are expected to win EU antitrust approval for their planned transatlantic tie-up after offering to help new rivals enter th...
Airbus Picks Korean Air Aerospace For A330neo Parts
Airbus Picks Korean Air Aerospace For A330neo Parts Airbus has selected Korean Air Aerospace, part of Korean Air Group, to manufacture “sharklet” wingtips for its A330neo family of aircraft. Under the terms of the a...
Boeing First Quarter Profit Jumps 38 Percent
Boeing First Quarter Profit Jumps 38 Percent Boeing has reported a 38 percent rise in first-quarter net profit, driven largely by rising production of commercial aircraft. Net income rose to USD$1.34 billion, from USD$96...
