Bloomberg Ryanair Holdings Plc was sued by a package holiday service over accusations that the airline is exploiting its market dominance in an “aggressive†pursuit against online travel agents. On the Beach Group Plc accused the budget airline of monopolising the market for booking services and not giving customers a “free and fair choice,†according to a London court filing. ...
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Qantas ramps up with flights to India, Singapore, Phuket
Bloomberg Qantas Airways Ltd is gearing up for a Christmas rush, bringing back all its Australian workers and adding flights as the nation’s borders reopen after more than 18 months of near-isolation. The airline will start its first commercial flights between Australia and India in almost a decade before Christmas, and flights to Singapore, Bangkok, Fiji, Phuket and Johannesburg will ...
Read More »Southwest cuts flight schedule again to smooth operations
Bloomberg Southwest Airlines Co trimmed its flight schedule for the second time since August, cutting back on fourth-quarter flying as it struggles to hire enough workers and recover from customer anger over widespread delays. Fourth-quarter capacity will decline 8% from pre-pandemic levels in 2019, compared with a prior plan for a 5% drop, the Dallas-based carrier said as it released ...
Read More »SkyWest cancels 1,200 flights on glitch
Bloomberg SkyWest Inc, the largest US regional airline, suffered “an internal technical issue†that forced 1,200 flight cancellations as jets and crews that were in the wrong places caused operational woes for a second day. A “server outage†caused the problems but was resolved, SkyWest spokesperson Marissa Snow said in an emailed statement. The airline expected around 500 cancelled flights, ...
Read More »Heathrow fees to increase by 56%, angering airlines
Bloomberg Britain will allow London Heathrow airport to lift its charges by as much as 56%, stoking a clash with airlines who warned that higher fares will stifle a recovery at Europe’s busiest airport. The announcement by the UK Civil Aviation Authority (CAA) sets up months of high-stakes lobbying before a final decision early next year. The hike could prove ...
Read More »Thai AirAsia parent seeks to raise up to $540 million
Bloomberg Asia Aviation Pcl, the operator of Thailand’s biggest budget carrier Thai AirAsia Co, plans to raise as much as 17.9 billion baht ($535 million) from new loans, share sales and convertible-debt offerings as it attempts to restock coffers depleted by the worst crisis in aviation history. A revised financial restructuring plan for the company has been put forward and ...
Read More »Airports South Africa building its defense against Covid resurgence
Bloomberg Airports Company South Africa (Acsa) is looking to generate more income from hotels and land, win service contracts and boost cargo revenue to prepare for a potential fresh wave of Covid-19 infections and restrictions. The state-controlled owner of international hubs including Johannesburg and Cape Town fears a new coronavirus variant may emerge that is vaccine resistant, CEO Mpumi Mpofu ...
Read More »United Air posts smaller loss after variant wrecks profit plan
Bloomberg United Airlines Holdings Inc posted a narrower loss than analysts had expected as a dip in demand from a summer surge in the coronavirus delta variant proved fleeting. The carrier lost $1.02 per share, or $300 million, in the third quarter on an adjusted pretax basis, better than the $1.61 loss analysts had estimated, according to figures compiled by ...
Read More »India opens inflight data market to UK’s Inmarsat
Bloomberg British satellite operator Inmarsat Holdings Ltd said it’s the first foreign operator to get India’s approval to sell high-speed broadband to planes and shipping vessels. Inmarsat will access the market via Indian state-owned telecommunications company Bharat Sanchar Nigam Ltd, after BSNL received a license from India’s Department of Telecommunications, the London-based company said. A representative for the Indian government ...
Read More »AirAsia X proposes paying creditors 0.5% of $8b owed
Bloomberg AirAsia Group Bhd’s long-haul arm has offered to pay creditors just 0.5% of the more than $8 billion total debt they are owed and terminate all existing contracts as it tries to restructure, a document seen by Bloomberg shows. The carrier, AirAsia X Bhd, told creditors it is unable to meet immediate debt and other financial commitments based on ...
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