Airlines
Malaysia Airlines is struggling to remain afloat after being plagued by a series of disasters in 2014, including the disappearance of flight MH370 and the shooting down of MH17. Despite its troubles, new CEO Christoph Mueller is optimistic about the airline's future, stating that it can break even
Airlines
Irish carrier Ryanair, Europe's biggest discount airline, has reported a sharp increase in full-year earnings as it ramps up capacity for the winter season and seeks to attract a new generation of passengers by improving customer service. The airline's profit after tax rose to €867 million
Airlines
Ryanair, Ireland's low-cost airline, has reported a significant profit increase of 66% to EUR867 million. CFO Neil Sorohan has expressed confidence in the company's guidance for the upcoming year, citing prudent planning and a favorable oil price environment. The airline aims to become the first to
Airlines
Sichuan Airlines, China's largest all-Airbus operator, has taken delivery of the 100th aircraft from Airbus, marking a significant milestone in their partnership. The aircraft, an A321, was equipped with Sharklet fuel-saving wing tip devices and powered by IAE V2500 engines, featuring a comfortable two-class cabin seating 194 passengers.
Airlines
The aerospace industry has entered a supercycle, with Boeing and Airbus experiencing unprecedented eight-year order backlogs totaling over 12,000 planes. This trend is driven by a decade of renewed growth after a series of recessions and the pent-up demand for new, more efficient aircraft. As airlines and manufacturers scramble
Airlines
EasyJet, Britain's second-largest airline, is expected to post a profit of £7.5m for the first half of the year, up from a potential loss of £5m, thanks to rising passenger numbers and revenues. Analysts at Numis forecast a £7.5m profit, while the airline had previously predicted
Airlines
Market participants are awaiting several significant announcements this week, including interest rate decisions from the Bank of England and the UK's claimant count, unemployment, and average earnings statistics. Additionally, various companies will release their financial results, trading statements, and AGM/EGM meetings. Meanwhile, Greece is scheduled to make
Airlines
Boeing and Airbus engaged in a fierce competition for aircraft orders in the first four months of the year, with Airbus emerging as the leading supplier. Despite starting the year ahead of Airbus, Boeing's sales were outpaced by its European counterpart, which received 229 orders, or 209 aircraft
Airlines
Avianca has signed a purchase agreement for 100 A320neo Family aircraft, the largest single order ever made in Latin America's aviation history. The agreement, which includes A319neo, A320neo, and A321neo aircraft, will enable Avianca to maintain one of the youngest fleets in the region as the airline aims
Airlines
After a public outcry following a report in HT last month, Air India has announced it will send its pilots who were trained to fly the Boeing 787 Dreamliner back to the 787 fleet. Initially, the airline had started transferring these pilots to its Airbus fleet, prompting widespread criticism. The
Airlines
A dramatic incident unfolded on an Air India flight from Riyadh to Calicut on Sunday night when a passenger, identified as Thatethil Nijesh, became unruly due to excessive alcohol consumption. The cabin staff refused to serve him more drinks, citing his inebriated state, which led to Nijesh breaking the armrests
Airlines
India played a pivotal role in evacuating over 1,000 people from strife-torn Yemen on Monday, a testament to its efforts to assist those in distress. The evacuation was conducted in coordination with Indian Navy and Air India, and came at the request of 26 countries, including the US and
