By Travel-Guy, 4 years and 1 month ago

Air France KLM Sees Growth After Strong Quarter

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Air France KLM posted stronger than expected second-quarter operating profits on Wednesday and maintained its sights on full-year growth despite the strain on its fuel bill from escalating oil prices.

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By Travel-Guy, 4 years and 1 month ago

Thai Air Awaits Government Lead On Airbus Order

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Thai Airways is awaiting government instructions on how to proceed with its plan to buy eight Airbus aircraft worth more than USD$2 billion, the airline said on Wednesday.

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By Travel-Guy, 4 years and 1 month ago

Air China Pricing IPO At Discount To Rival

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Air China plans to raise up to USD$1.1 billion in a Hong Kong and London listing by offering its shares at a discount to its domestic peers, sources close to the deal said.

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By Travel-Guy, 4 years and 1 month ago

Aer Lingus Partial IPO Could Succeed

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An independent report commissioned by the Irish government into the future of Aer Lingus suggests the state airline could be partly sold off via the stock market but says a full sale is unlikely to succeed.

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By Travel-Guy, 4 years and 1 month ago

AirAsia Shares Leaps On Debut

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Shares in Asia's only major listed budget airline, Malaysia's AirAsia, jumped 16 percent in their debut on Monday, as investors bet that cheap fares would drive strong growth in air travel across the region.

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By Travel-Guy, 4 years and 1 month ago

Strikes To Cancel 262 Flights At Spanair

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Spanair, the Spanish unit of Scandinavia's SAS, plans to cancel 262 flights this week because of a series of pilots' strikes, a company spokeswoman said on Monday.

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By Travel-Guy, 4 years and 1 month ago

Iberia To Update Medium Range Fleet After 2005

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Spanish airline Iberia plans to update its fleet of medium range airliners after completing its long range plane renovation by the end of 2005, an Iberia spokesman said on Monday.

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By Travel-Guy, 4 years and 1 month ago

Austrian Air To Scale Back Flights

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Austrian Airlines will cut flights and raise its fuel surcharge in the fourth quarter, the airline said on Monday, citing lower demand and high fuel prices.

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By Travel-Guy, 4 years and 1 month ago

LAN, Korean Air, Sign Commercial Alliance

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Chilean airline LAN and Korean Air have signed a commercial alliance that will increase connections between Latin America and South Korea, LAN said on Monday.

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By Travel-Guy, 4 years and 1 month ago

Air Berlin Says Exceeds 2004 Goals

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The managing director of German low-cost airline Air Berlin said on Monday the airline would exceed its 2004 goals with a turnover of more than EUR1 billion (USD$1.30 billion) and passenger figures of 12 million.

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By Travel-Guy, 4 years and 1 month ago

Prosecutors Order Raid On Volare - Report

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Prosecutors have ordered Italy's finance police to raid the offices of grounded airline Volare as part of an investigation into the carrier's accounts, news agency ANSA reported on Monday.

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By Travel-Guy, 4 years and 1 month ago

EU To Add Aviation To Emissions Study

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The EU has started a study to see if it can curb aircraft pollution by including aviation in its new carbon dioxide emissions trading scheme, Peter Vis, acting head of the industrial emissions unit at the European Commission said on Monday.

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By Travel-Guy, 4 years and 1 month ago

American To Defer 54 Boeing Jet Deliveries

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American Airlines on Monday said it will defer 54 of 56 Boeing aircraft deliveries scheduled for 2006 to 2010, helping the carrier postpone USD$2.7 billion in capital spending.

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By Travel-Guy, 4 years and 1 month ago

EasyJet Earnings Rise But Faces Tough Year Ahead

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An increase in passenger numbers propped up annual earnings for Britain's easyJet and the low-cost airline said fares did not decline as much as expected in October and November.

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By Travel-Guy, 4 years and 1 month ago

Thailand Delays Airbus Deal Over EU Trade

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Thailand said on Tuesday it would delay buying Airbus aircraft worth more than USD$2 billion until the European Union eases food import restrictions, though analysts said they still expected a purchase to go ahead.

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