Bloomberg Singapore Airlines Ltd.’s chief executive officer said that surplus capacity in the industry remains a challenge and the marquee carrier’s focus continues to be on delivering cost-efficient services. The group is in the midst of a review to fend off intensifying competition from other carriers at the premium end and low-cost operators at the budget end. The transformation may ...
Read More »Aviation
Kenya Airways sees revenue decline
Bloomberg Kenya Airways Ltd. expects second-half revenue to decline after violence during the country’s protracted presidential elections scared off passengers, Chief Executive Officer Sebastian Mikosz said. Travellers cancelled bookings as a rerun of the vote and court disputes over the outcomes stretched over three months, Mikosz said in an interview in the Mauritian capital, Port Louis. The impasse triggered violence ...
Read More »Lufthansa drops plan to buy Air Berlin’s Niki as EU digs in
Bloomberg Deutsche Lufthansa AG is ready to transfer landing rights from Air Berlin Plc to leisure giants Thomas Cook Group Plc and TUI AG in an effort to fend off antitrust concerns about its bid for most of the insolvent carrier, people familiar with the plan said. Lufthansa is proposing that takeoff and landing slots from Air Berlin’s Niki division ...
Read More »Canada ditches plans to buy Boeing jets
Bloomberg The Trudeau government is escalating a trade fight with Boeing Co., ditching plans to buy 18 Super Hornets while launching a search for new fighter jets under parametres that could hamper future bids from the US plane maker. Canada said it would instead pursue plans to buy 18 used Australian F-18 fighter jets to supplement its aging fleet, and ...
Read More »US’ Spirit Airlines makes jump in on-time rankings
Bloomberg The airline that passengers love to hate is figuring out how to arrive on time. Spirit Airlines Inc. rose to third place in the Department of Transportation’s monthly tally of US airlines’ on-time performance in October, with 87.2 percent of its flights arriving within 14 minutes of their scheduled time. That placed it ahead of larger Alaska Air Group ...
Read More »Ryanair’s Dublin pilots throw weight behind strike effort
Bloomberg Ryanair Holdings Plc pilots in the airline’s home base of Dublin defied a management threat and voted in favour of labour action, throwing their weight behind a European organising campaign seeking better working conditions. Of the cockpit staff who voted, 95 percent said they’d rather strike than accept management proposals to improve employment terms, people familiar with the matter ...
Read More »WestJet plans to become global-network airline
Bloomberg Out in western Canada, the airline world is about to watch a unique business experiment. If it goes as planned, in a few years there will be a new favourite carrier battling for your airfare dollars, regardless of whether you’re a penny pincher or a rich banker. WestJet Airlines Ltd., which flies Boeing Co. 737s in Canada much the ...
Read More »United Air PR boss to step down in January ‘18
Bloomberg United Continental Holdings Inc.’s top communications executive is stepping down after leading the airline’s PR strategy through a tumultuous two-year tenure and worldwide scandal this April. Jim Olson, senior vice president of corporate communications, will resign effective from January 8 to pursue other opportunities, he said in a letter to employees. The decision was his own and he wasn’t ...
Read More »United mulls investing in regional airline ExpressJet
Bloomberg United Continental Holdings Inc. is exploring a deal to invest in regional airline ExpressJet to boost its pipeline of pilots and expand service in the eastern and midwestern US, people familiar with the matter said. The Chicago-based carrier is looking at acquiring an ownership stake in ExpressJet among other options in negotiations that are still developing, said the people, ...
Read More »Delta flights resume after snow cancellations
Bloomberg Delta Air Lines Inc. said it was resuming normal operations at its Atlanta hub, after a snowstorm forced it to cancel about 375 flights in and out of there earlier in the day. The cancellations came on top of more than 1,000 flights scrubbed on Friday because of the early-season snowstorm. The airline said winter weather in the south ...
Read More »