Airline News Page 3
Azul takes delivery of first Airbus A330neo in Americas
The A330neo, Airbus’ new generation A330 aircraft, will be used by the airline to expand its international route network between Brazil, Europe and the United States.
Key appointments at AviaDev Europe as 2019 event approaches
The AviaDev Europe team has been strengthened by the appointment of two highly experienced industry professionals: Tony Hallwood and Mike Robinson, who have both joined in the position of aviation development director.
International Airlines Group sees profits slip as fuel prices rise
International Airlines Group has reported profit after tax before exceptional items of €70 million for the first quarter of 2019. The figure is down 62.6 per cent on the same period last year, while adjusted earnings per share were down 57.5 per cent on a pro forma basis.
Easter drives Heathrow to record breaking April
Figures reveal the UK’s busiest airport welcomed 6.79 million passengers last month (up 3.3 per cent on last April) - averaging 226,600 daily passengers or the equivalent of the population of Aberdeen.
UK airline insolvency review recommends new levy on passengers
The department for transport has recommended a levy of 50 pence per person on all flights to insure against the future collapse of UK-based airlines. The news comes as the government body publishes the final report from the independent airline insolvency review, which was chaired by Peter Bucks.
Higher oil prices take toll on Emirates profits
Emirates Group has seen profits fall by nearly half as the rising price of oil and strong US dollar took a toll on annual results. The Dubai-based group posted a profit of AED2.3 billion (US$631 million) for the financial year ended March 31st, down 44 per cent from last year.
American Airlines to launch new route to Guyana
American Airlines is providing travellers with more access to Guyana. The airline will begin a direct service from John F. Kennedy International Airport in New York to Cheddi Jagan International Airport in Georgetown, Guyana, from December.
Amadeus expands new distribution capability partnership with Finnair
The close partnership between Amadeus and Finnair is set for new heights with a renewed agreement, which will provide the carrier with increased flexibility to support its recently announced distribution strategy.
Aer Lingus targets business travellers with new AerSpace product
AerSpace guests flying from select UK destinations to Ireland will be guaranteed an aisle or window seat on the first row of the aircraft, with the middle seat left unoccupied. The service is expected to take off in September.
Emirates unveils pavilion For Expo 2020 in Dubai
Emirates has unveiled the design and visitor experience concepts of its pavilion at the upcoming Expo 2020 in Dubai. The pavilion’s design and visitor experience will utilise interactive technologies and thinking focusing on the future of commercial aviation.
Korean Air and Delta Air Lines launch joint adverting campaign
To commemorate the first anniversary of the partnership between Korean Air and Delta Air Lines, both airlines have unveiled a joint advertisement campaign, Greater One, that runs until July.
Manchester Airports Group raises £350m in new bond issue
MAG has successfully raised £350 million in the UK capital markets through the issuance of a 25-year bond, issued at an interest rate of 2.875 per cent. The company has disclosed that the order book for the bond was four times oversubscribed.