Bloomberg United Continental Holdings Inc. will defer delivery of 61 of Boeing Co.’s smallest passenger jets as the airline seeks to close its profit gap with Delta Air Lines Inc. and American Airlines Group Inc. United plans to convert the order to the larger, newer Boeing 737 Max to be delivered at an undetermined date, slowing near-term capacity growth ...
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EasyJet annual profit hit by slumping pound
London / AFP British low-cost airline EasyJet warned on Tuesday it faced further financial turbulence from a Brexit-driven slump in the pound after terror attacks and labour disputes took their toll on annual profits. Pre-tax profit tumbled by 28 percent to £495 million ($618 million, 574 million euros) in the year to September 30 compared with 2014-15 “mainly due to ...
Read More »Malaysia Airlines may buy 25 widebody jets next year
Bloomberg Malaysia Airlines Bhd. is considering ordering as many as 25 widebody aircraft as the nation’s flag carrier, recovering from two fatal air crashes in 2014, looks to meet growing travel demand. The airline will replace 15 of its aging planes and add 10 to fuel growth, Chief Executive Officer Peter Bellew said in an interview in Singapore Tuesday. ...
Read More »Billionaire Warren Buffett invests in 3 big US airlines
Bloomberg Warren Buffett’s Berkshire Hathaway Inc. bet on the biggest US airlines, reversing decades of aversion to the industry. Berkshire held 21.8 million shares of American Airlines Group Inc. as of Sept. 30, valued at almost $800 million at the time, according to a regulatory filing from the billionaire’s Omaha, Nebraska-based business. Buffett’s company also reported 6.33 million shares ...
Read More »Chef André Gerrits wins ‘taste the world’ with Etihad
Emirates Business This week, Etihad Airways, the global airline partner of 15 Taste Festivals across the world, brought world-class chefs to Taste of Abu Dhabi to compete in the final ‘Taste the World’ competition. On the last day of the festival, Etihad Airways’ Chief Executive Officer, Peter Baumgartner, awarded chef André Gerrits of Dutch farm restaurant ‘t Amsterdammertje with ...
Read More »Qantas VR to help travellers explore Oz destinations
DUBAI / Emirates Business Qantas launched a new virtual reality app – Qantas VR – giving customers an interactive new way to discover and explore destinations before physically travelling there. Available for iPhone, Android, Samsung Gear VR, Oculus Rift, and HTC Vive devices, the app showcases Australia’s distinctive landscape through a series of immersive videos, including never before seen ...
Read More »Liberty creates washbags for British Airways customers
DUBAI / Emirates Business Top British brand Liberty London has created an exclusive range of washbags for customers flying in First with British Airways. The sleek, slim and stylish washbags feature a contemporary look using a range of carefully chosen prints from Liberty London’s vast textiles archive, updated for today’s modern traveller. The new Liberty London First washbags appear ...
Read More »Jet Airways registers $850mn revenue in Q2
WAM Jet Airways Group announced a profitable quarter with a profit of INR 85 cr (US$13mn) for the period ending September 30, 2016 despite a traditionally ‘lean’ quarter and domestic yields being under pressure. Jet Group’s total revenue for the second quarter FY17 increased by 3.2 percent to INR 5,682 cr (US$ 850m) from INR 5,504 cr (US$ 842m). ...
Read More »Computer outage grounds flights on several airlines
Bloomberg Travellers on several airlines had trouble checking in for flights and waited out delays on Friday after a computer outage at a company that runs airline technology systems. American Airlines, Southwest Airlines, JetBlue Airways, Alaska Airlines and Virgin America confirmed that a technology glitch briefly interrupted their operations. The problems seemed to have been fixed by midday, and ...
Read More »Emirates, Gulf giants score new lounges on Lufthansa’s home turf
Bloomberg Emirates and the Gulf’s two other major airlines are likely to get pride of place at Frankfurt airport’s new terminal, allowing them to offer bigger premium-class lounges to compete more aggressively with local rival Deutsche Lufthansa AG. Frankfurt’s Terminal 3 will probably house Qatar Airways and Etihad Airways PJSC of Abu Dhabi, as well as Dubai-based Emirates, the ...
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