Airline news
Iberia To Return To Profit In 2014
Iberia will return to profit next year for the first time since 2010, Willie Walsh, the chief executive of parent IAG said. The Spanish airline became unprofitable in all markets, including long-haul, following its merge...
Turkish Air In Talks On Plane Order Plans
Turkish Airlines is in talks with Airbus and Boeing over orders for 2020-2023, having placed orders for 274 aircraft for delivery up to 2020, the company’s chairman Hamdi Topcu said. The Turkish flag carrier has be...
Mexico’s VivaAerobus Orders 52 Airbus A320s
Mexican budget airline VivaAerobus has ordered 52 Airbus A320-family aircraft in a deal worth USD$5.1 billion at list prices. Of the order, 40 are for the A320neo model, Rafael Alonso, Airbus executive vice president for...
Airbus CEO Says Japanese Politics Influences Orders
Airbus chief executive Fabrice Bregier said politics in Japan can influence new aircraft purchases by the nation’s airlines. “It is clear the political environment has some influence on business as we can see...
Air France Considering Alitalia Stake Dilution
Air France-KLM is considering diluting its stake in Alitalia if a deeper restructuring fails to take place, according to French newspaper Les Echos. Air France-KLM owns a 25 percent stake in Alitalia and appears willing ...
Boeing Slows Production Of 747-8
Boeing said on Friday it was notching down the production rate of its biggest aircraft, the 747-8, due to slack demand. The slowdown won’t affect financial forecasts for Boeing, analysts said, because production of...
