Bloomberg Malaysia Airlines Bhd. Chief Executive Officer Peter Bellew said fare cuts aimed at boosting passenger numbers on Kuala Lumpur-London flights are bearing fruit, with the carrier’s market share up 9 percentage points in the past 11 weeks. The Asian company, which saw passenger confidence slump after two fatal crashes in 2014, now accounts for 53 percent of traffic ...
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UK to make decision on Heathrow Airport expansion next week
Bloomberg The UK government will decide next week whether to expand London’s main airport, Heathrow, or its rival Gatwick putting an end to decades of prevarication over what has become one of the most contentious issues in British politics. The preferred option will be chosen by the cabinet’s Economy and Industrial Strategy Sub-Committee with responsibility for airports, Prime Minister ...
Read More »Ryanair finally bows to Brexit with cut to profit guidance
Bloomberg Ryanair Holdings Plc cut its profit guidance as the slump in the pound following Britain’s vote to quit the European Union weighs on fares, after previously holding out against a revision. Net income in the year ending March 31 will increase by about 7 percent rather than the 12 percent previously estimated as sterling’s slide has a bigger ...
Read More »â€˜Expand Heathrow, not Gatwick’
Bloomberg British Airways Chief Executive Officer Alex Cruz threw his weight behind the construction of a third runway at London’s Heathrow airport and said the carrier is continuing to develop expansion plans even as it wrestles with the fallout from the UK’s vote to quit the European Union. With the UK government poised to decide on the location of ...
Read More »Kenya Airways pilots postpone strike
Bloomberg Kenya Airways pilots have called off a planned strike at the airline partly owned by Air France-KLM after talks between union officials and government representatives, according to a spokeswoman. The Kenya Airline Pilots Association, or KALPA, intended to go on strike from October 18 to demand the resignation of Chief Executive Officer Mbuvi Ngunze and Chairman Dennis Awori. ...
Read More »Southwest, Virgin America, JetBlue restore bookings
Bloomberg Customers of Southwest Airlines Co., JetBlue Airways Corp. and Virgin America Inc. can resume online flight bookings after technical difficulties with Sabre Corp. computer systems prevented reservations from being made on their websites. “The technical issue that impacted some of our airline and travel agent customers has been resolved and our partners and subscribers are reporting that systems ...
Read More »United reports 41% earnings
Bloomberg United Continental Holdings Inc., longtime laggard of US airlines, is up 41 percent since late June as investors buy into the troubled carrier’s promise of an imminent turnaround. The next five weeks may tell if that faith is well-placed. United’s new president, Scott Kirby, an airline industry star — plucked soon after he parted ways with American Airlines ...
Read More »Alitalia bans Samsung Note 7 phones from flights
Milan / AP Italy’s flagship airline Alitalia has banned the Samsung Galaxy Note 7 smartphone on all flights effective immediately, following an emergency order prohibiting the phone on flights in the United States. The airline said in a statement Saturday that it imposed the ban based on the U.S. Department of Transportation’s emergency order “to guarantee maximum security standards.” ...
Read More »Qatar Airways bags ‘Mideast Airline of the Year’ award
DUBAI / Emirates Business International business travellers have once again chosen Qatar Airways as the Middle East Airline of the Year applauding the airline’s global network, modern aircraft, and luxurious Business Class service for providing them with an exceptional travel experience. The accolade, presented at the 10th annual Aviation Business Awards held in Dubai, encapsulates passengers’ pleasure in flying ...
Read More »Boeing China veteran to take top sales job
Bloomberg Boeing Co.’s chief airplane salesman, John Wojick, will retire from the post in early 2017 after four years of globetrotting and head-to-head competitions with Airbus Group SE for multibillion-dollar jetliner orders. He’ll be replaced by senior vice president Ihssane Mounir, who leads the planemaker’s sales team in northeastern Asia, Boeing commercial airplane chief Ray Conner said in an ...
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