India’s Jet Airways Recovery Still On Shaky ground
Feb 21 (Reuters) - India's Jet Airways Ltd has approved a rescue deal by the lenders of the carrier reeling under a net debt of 72.99 billion rupees ($1.02 billion), but doubts linger over whether…
Category: airline news
Airbus Says A320neo India Deliveries Back on Track
Bengaluru (Reuters) - European aircraft maker Airbus deliveries of its A320neo aircraft are back on track in India with fewer problems being seen with the narrowbody jet's Pratt & Whitney engines, a senior company executive…
Southwest Airlines Cuts 2019 Growth Forecast
(Reuters) - Southwest Airlines Co cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and a $60 million hit to first-quarter sales from the longest partial U.S. government shutdown.…
Norwegian Air Owners Approve Discount Share Sale
OSLO (Reuters) - Norwegian Air's shareholders overwhelmingly endorsed on Tuesday the lossmaking airline's plan for a deeply discounted cash call to help bolster its finances, Chairman Bjoern Kise said. Norwegian Air said on Jan. 29…
FAA Investigates Southwest over baggage weight discrepancies
(Reuters) - The U.S. Federal Aviation Administration is investigating Southwest Airlines Co for widespread failure to accurately track the combined weight of checked bags loaded onto its jets, the Wall Street Journal reported on Monday.…
UK Regional Airline Flybmi Collapses, Blames Brexit
LONDON (Reuters) - British regional airline Flybmi has gone into administration and has cancelled all flights with immediate effect, the company said in a statement on Saturday, blaming Brexit uncertainty as one of the reasons…
Belgian Pilots Back Ryanair Pay and Conditions Deal
BRUSSELS (Reuters) - Belgian pilots have overwhelmingly voted in favour of a deal with Ryanair on pay and rosters, the Belgian cockpit association (BeCA) said on Friday. The BeCA said that 98.5 percent of those…
Thomas Cook Enlists 3 Banks to Prepare Airline Sale
LONDON, Feb 15 (Reuters) - Thomas Cook has enlisted Credit Suisse, Morgan Stanley and Bank of America Merrill Lynch to explore the possible sale of its airline business, a source familiar with the discussions said.…
Airbus A380: From European Dream to White Elephant
TOULOUSE, France (Reuters) - Loved by passengers, feared by accountants, the world's largest airliner has run out of runway after Airbus decided to close A380 production after 12 years in service due to weak sales.…
Embraer Signs Contract to Support Air Astana E2 Jet Fleet
Amsterdam, The Netherlands, February 13th, 2019 – Embraer and Air Astana, a flag carrier of Kazakhstan, have reached a multiyear agreement on a Flight Hour Pool Program to support the component needs for the airline’s…