Airline news
US Airways Announces Executive Promotions in Revenue Management and Finance
Tom Trenga promoted to Senior Vice President, Revenue Management; Devon May promoted to Vice President, Financial Planning and Analysis US Airways (NYSE: LCC) announced the promotion of Tom Trenga to the position of senior vice...
Finnair Seeks Partner By Summer
Finland’s troubled flag carrier Finnair wants to find a European partner by summer to help stem its losses on short-haul routes and is not ruling out a pact with Air Berlin, its chief executive said. Finnair is seeking a ...
China Eastern Sees Q1 Profit Slide
China Eastern Airlines expects its net profit in the first quarter to fall by more than 50 percent from a year earlier due to slower growth in passenger traffic and rising jet fuel prices. “The slowdown in the growth of t...
Air Canada Cancels Some Flights
Air Canada cancelled at least 30 flights on Friday after what it called an “illegal job action” by some of its pilots, the latest example of tense labour relations at the country’s biggest airline. The carrier...
Boeing Takes For Four 787 Orders, Loses One
Boeing said that it had taken orders for four 787s from Transaero Airlines and lost one order for a 787 from an unnamed customer. The company had previously announced the Transaero order, which was valued at USD$744 million at ...
Air India To Receive USD$1.3 Bln From Govt.
India’s debt-laden national carrier Air India, will receive an equity infusion of INR67.5 billion rupees (USD$1.3 billion) in the current fiscal year and will spin-off two of its units as part of a financial restructuring...
