News
Lufthansa Confirms Break-even Goal For Germanwings
Lufthansa’s budget airline Germanwings is on track to meet its break even target in 2015 compared with a loss of EUR€200 million (USD$272 million) in 2012, according to the company’s website. Europe’s...
Air New Zealand Will increase Virgin Australia Stake
Air New Zealand on Friday mentioned it might raise its stake in Virgin Australia to 25.9 % to extend its competitiveness within the area. In a remark, the corporate stated it had got approval from Australia’s Treas...
Hyatt Regency Orlando Opens
Hyatt Hotels Corporation (NYSE: H) announced that an intermediary acquired The Peabody Orlando hotel from UST Hotel Joint Venture, Ltd. in a like-kind exchange transaction, for approximately $717 million (subject to standard an...
Plane Crash Near Lagos Airport Kills 16
Sixteen people were killed when a small passenger plane crashed shortly after takeoff outside Lagos airport’s domestic terminal on Thursday, Nigerian authorities said. The aircraft, operated by Nigeria’s Asso...
Southwest Airlines Fires Crash Landing Pilot
Southwest Airlines said on Wednesday it fired the pilot of a plane that crashed at New York’s LaGuardia Airport in July after it touched down on its front landing gear. “Upon completion of our internal review...
Boeing Warns US Shutdown Could Slow Jet Deliveries
Boeing is taking steps to deal with possible delays in airliner deliveries, including the 787 Dreamliner, caused by the federal government shutdown that has idled thousands of US aviation officials needed to certify the ...
