Airline news
AirAsia X To Cut Costs, May Defer Deliveries
AirAsia X To Cut Costs, May Defer Deliveries AirAsia X will cut flights on unprofitable routes, redeploy staff and defer some aircraft deliveries to turn around the loss-making long-haul budget carrier. “Capacity reductio...
Turkish Airlines Profit Almost Triples
Turkish Airlines Profit Almost Triples Turkish Airlines posted a 2014 net profit that almost tripled and unveiled plans to invest more than USD$3 billion mostly on its fleet. Net profit rose to TRY1.82 billion lira (USD$739 mil...
Qantas Swings To First-Half Profit
Qantas Swings To First-Half Profit Qantas on Thursday reported its best first-half profit in four years as its cost-cutting bore fruit and lower oil prices trimmed fuel expenses. Qantas said underlying profit before tax was AUD...
Emirates Urges US To Ignore Subsidy Claims
Emirates Urges US To Ignore Subsidy Claims Emirates president Tim Clark has hit back at US airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements. Clark, i...
Aer Lingus Profit Rises As IAG Takeover Falters
Aer Lingus Profit Rises As IAG Takeover Falters Aer Lingus reported an 18 percent increase in annual profits on Tuesday as IAG struggled to convince the Irish government to back its takeover bid. Aer Lingus said 2014 operating ...
Airbus Considering A320 Output Increase
Airbus Considering A320 Output Increase Airbus is talking to suppliers about the possibility of raising production of the A320 family to 50 a month in 2017, a senior industry figure said. Airbus has asked suppliers to be ready ...
