Bloomberg VietJet Aviation Joint Stock Co., the Vietnam carrier known for its bikini-clad flight attendants, expects profit to surge 30 percent this year on rising passengers as it prepares for its Ho Chi Minh City Stock Exchange listing debut in February. A total of 23 overseas investors bought 66.5 million shares — equivalent to about 14 percent of VietJet ...
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IAG tops Air France with 100 million customers
Bloomberg British Airways owner IAG SA’s passenger count jumped 14 percent to 100.7 million last year, propelling it past Air France-KLM Group by that measure for the first time. Customer numbers were boosted by a full year of figures from Ireland’s Aer Lingus, which IAG purchased in 2015, together with gains at Spanish arm Iberia and the Vueling discount ...
Read More »Frontier Airlines COO quits
AP Frontier Airlines says its chief operating officer (COO) left the company, the second high-level departure in less than a month at the budget airline. A Frontier spokesman confirmed that Bill Meehan stepped down last week and was replaced temporarily by Jim Nides, the company’s vice president of flight operations. Meehan joined Frontier in 2014 after being CEO of ...
Read More »Saudia gets new chairman
DOHA / Reuters Saudi Arabia appointed a new chairman of Saudi Arabian Airlines (Saudia) by royal decree in a management shake-up. Ghassan bin Abdulrahman Al Shabal was appointed chairman of the board of directors of the state-owned airline, said Saudi state news agency (SPA). Shabal will replace Sulaiman Al Hamdan, according to the airline’s website. SPA said representatives of ...
Read More »The best and the worst performing airlines of 2016
Bloomberg For those who insist that traveling is all about the journey, we say this: It really depends on which carrier you’re flying. Aside from variations in cabins and service quality, there’s the major concern of how likely you are to get delayed. Fly on the wrong airline and your odds of a delay are as high as 55 ...
Read More »Etihad’s hub put us on global market
Roy Kinnear was appointed as Chief Executive Officer of Air Seychelles on July 1, 2015. Kinnear joins Air Seychelles from strategic partner Etihad Airways, where he held the position of Senior Vice President, Revenue Management and Planning, and was responsible for leading the airline’s revenue management, inventory control, pricing, and revenue forecasting. Having gained an honours degree in Economics ...
Read More »Qatar Airways brings 7-star cinema experience to travellers
DOHA / Emirates Business Qatar Airways is sponsoring the first-class 7-star cinema experience at iconic Novo Cinemas across Qatar, Bahrain and United Arab Emirates, introducing customers within the region to a luxury entertainment experience. The seven-star service includes valet parking, luxury lounges and special gourmet food menu ordered from fully reclining leather seats. Each seat comes with an iPad, ...
Read More »Iran takes ownership of first airliner under sanctions deal
PARIS / Reuters Airbus said on Sunday Iran’s state airline IranAir had accepted its first new jet, marking a key step in opening up trade under a nuclear sanctions deal between Iran and major powers. The Airbus A321 jetliner has been painted in IranAir livery and is expected to be delivered later this week. “The technical acceptance has been ...
Read More »BA to carry all passengers during strike
Bloomberg British Airways (BA) promised to carry all passengers booked to fly during a two-day walkout over pay by cabin crew next week, though some people will have to catch different departures. The “vast majority†of services to and from London Heathrow, where the protesting crews are based, will operate as normal, and flights from the U.K. capital’s Gatwick ...
Read More »EasyJet slips off pace set by Ryanair on terror, Brexit squeeze
Bloomberg EasyJet Plc’s passenger count increased at less than half the pace of its low-cost rivals last year as Europe’s second-biggest discount carrier struggled with its exposure to the British and French travel markets. Customer numbers increased 6.6 percent to 74.4 million in 2016, Luton, England-based EasyJet said. That compares with a 15 percent gain at low-cost leader Ryanair ...
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