Aviation

Two-cent fares killing airlines in India market

Bloomberg Global carriers have flocked to India, lured by a domestic travel boom and what’s expected to be the world’s third-biggest aviation market by 2025. Yet India has proven an intensely competitive market, where profits are scarce and the life expectancy of weaker airlines is anything but certain. Jet Airways India Ltd., one of the first carriers to launch after ...

Read More »

United loses challenge to food service union drive

Bloomberg A vote on unionisation by 2,700 United Airlines in-flight catering workers can move forward over the company’s objections, the general counsel of the National Mediation Board ruled. The workers, who prepare and transport food for flights, are the only group of front-line United employees who don’t have union representation. In January, the hospitality union Unite Here filed a petition, ...

Read More »

Air France unions welcome new boss with list of grievances

Bloomberg Air France-KLM Group’s French unions are drawing up a list of demands to present to incoming CEO Ben Smith as they continue to bristle over the appointment of a first foreign boss and the 300 percent salary hike that lured him. The Canadian, who starts before of end of next month, will be greeted by requests including higher pay ...

Read More »

Airbus A320 engine fix won’t come for months: Lufthansa

Bloomberg Engine glitches that have disrupted Airbus SE A320neo jet operations around the world may take at least three more months to resolve amid a scarcity of upgraded turbines, according to comments from one of the planemaker’s biggest customers, Deutsche Lufthansa. Fixes for the snags afflicting the geared turbofan, or GTF, powerplant made by United Technologies Corp.’s Pratt & Whitney ...

Read More »

Air France-KLM, BA pull out of Iran amid US sanctions

Bloomberg Two of Europe’s biggest carriers, Air France-KLM Group and British Airways, said they’ll suspend services to Iran, citing the reduced commercial viability of the route in the wake of the latest US sanctions. Air France and Dutch sibling KLM will halt flights by the end of September due to “weak commercial results,” the group said. British Airways, IAG SA’s ...

Read More »

United sees fare gains as cheap tickets reduce

Bloomberg United Continental Holdings Inc. is seeing improved average airfares as US rivals offer fewer bargain-basement ticket prices. “It’s not really that fares have gone up much, it’s that the $25, $30 fares that were prevalent a year ago are much more narrow today,’’ United President Scott Kirby said. The improvement is helping United weather higher fuel costs, Kirby said. ...

Read More »

Ryanair bans ‘wheelies’ in cabin for non-priority passengers

Bloomberg Ryanair Holdings Plc is locking the cabin door on traditional carry-on suitcases for its non-priority customers and forcing them to check the luggage for a fee — or go with a smaller bag — to save time loading passengers on and off flights. Starting on November 1, Europe’s biggest discount airline will only allow travellers who pay for priority ...

Read More »

Air Canada ends Aimia battle with Aeroplan deal

Bloomberg Aimia Inc. soared after a group led by Air Canada agreed to buy its Aeroplan business for $345 million in cash, ending a takeover battle for one of Canada’s most popular loyalty programs. Air Canada and its banking partners sweetened their bid for Aeroplan, winning over Aimia’s board and an activist shareholder that was seeking a higher price. Air ...

Read More »

Air China targets private money for $1.5bn cargo unit

Bloomberg Air China Ltd.’s parent is seeking private money for an air-cargo and logistics venture with planned total investment of $1.5 billion as part of Beijing’s mandate for state-owned firms to diversify their ownership. China National Aviation Holding Co., the state-owned controlling shareholder of Beijing-based Air China, is among companies looking for private partners under the nation’s so-called mixed-ownership reform, ...

Read More »

Air Arabia signs pact with SAP for cloud-based HR system

Sharjah / Emirates Business Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), has announced that it has signed an agreement with SAP — a global market leader in enterprise application software for a new cloud-based Human Resources system. The new system “SAP SuccessFactors” will provide Air Arabia with advanced capabilities across all HR functions. ...

Read More »
Send this to a friend