Airlines
British Airways (BA) is likely to report a substantial loss of around GBP 100 million, making it the first time since its 1987 privatization that the airline has reported a first-quarter loss. In contrast, other FTSE 100 heavy-hitters, such as oil major BP and British Gas owner Centrica, are set
Airlines
Civil Aviation Minister Praful Patel ordered a probe into the incident where 77-year-old former President A P J Abdul Kalam was frisked by staff of Continental Airlines at Delhi's Indira Gandhi International Airport, violating protocol norms. The incident occurred on April 24 when Kalam was to board a
Airlines
Despite positive signs of an improvement in the economy, Federal Reserve Chairman Ben Bernanke told congress that interest rates will likely remain at "exceptionally low levels for extended periods." This announcement came as Caterpillar Inc., a construction equipment maker, reported better-than-expected second-quarter results, with profit exceeding expectations. However,
Airlines
Several major airlines have joined the Sustainable Aviation Fuel Users Group (SAFUG), an industry working group aimed at reducing aviation's environmental impact by developing sustainable alternatives to jet fuel. The new members include Alaska Airlines, British Airways, Cathay Pacific, TUIfly, and Virgin Blue, bringing the total number of
Airlines
Airline companies and industry leaders are joining forces to accelerate the development of sustainable aviation fuels (SAF) as a replacement for fossil fuels. The Sustainable Aviation Fuel Users Group (SAFUG) has welcomed new members, including Alaska Airlines, British Airways, Cathay Pacific, and Virgin Blue, in addition to existing members such
Airlines
Ryanair's June passenger statistics have beaten those of British Airways, highlighting the significant gap between the two European carriers. While Ryanair carried 5.8 million passengers in June, British Airways saw a decline to 2.9 million. This difference has significant implications for the airline industry, particularly as
Airlines
British Airways employees, including over 2,000 cabin crew members, have sent a strong message that they will not accept a pay freeze and job cuts that would affect thousands of workers. The workers, meeting near Heathrow Airport, expressed concerns over the potential sackings of staff who resist the cuts
Airlines
The Yemenia airline Airbus A310 crashed in the Indian Ocean near the Comoros Islands on June 29, 2009, resulting in the loss of 142 passengers and 11 crew members. The plane, carrying 66 French citizens, had departed from Paris and Marseille, France, and was headed to Moroni in the Comoros.
Airlines
Air China has chosen International Aero Engines' (IAE) V2500 engines to power a new batch of Airbus A320-family aircraft, with deliveries slated to begin in April 2010. The $233 million contract will cover engines for 22 aircraft, including A320s and A321s, and includes a long-term aftermarket agreement. This deal
Airlines
As the COVID-19 pandemic continues to cripple the airline industry, Virgin Atlantic's Richard Branson has emerged as a vocal critic of British Airways' management and financial decisions. In a recent interview at London Heathrow airport, Branson expressed his skepticism about British Airways' chances of survival, citing
Airlines
As Virgin Atlantic celebrates its 25th birthday, founder Sir Richard Branson announced the largest order for Airbus A330 series aircraft since the Air France crash, placing 10 orders for the A330-300 type, worth $2.1 billion. The move aims to strengthen the airline's fleet and takes place amidst
Airlines
The European Aviation Safety Agency (EASA) is expected to make a decision by Friday on whether to require all airlines to replace the air-speed sensors on Airbus A330 planes, following the deadly crash of Air France Flight 447 on June 1. The agency's spokesman, Daniel Hültgen, stated that
