Honolulu / AP Hawaiian Airlines secured the right to begin flying nonstop between Tokyo and Kailua-Kona, bringing a regularly scheduled direct flight from Japan to the Big Island for the first time since 2010. The news came as the US Department of Transportation said it awarded a new nighttime departure slot at Tokyo’s Haneda International Airport to Hawaiian. Hawaiian plans ...
Read More »Aviation
Boeing mulls price cuts in quest for share gain
Bloomberg Boeing Co. is studying redesigned versions of the 737 Max jetliner, cutting costs and rolling out more robotics in factories to keep pace with relentless competition in the global aerospace market. But there are limits to what the US planemaker will do in its battles with old foe Airbus Group SE and newer rival Bombardier Inc., executives said ...
Read More »Gol Linhas posts profit since 2011 after trimming ops
Bloomberg Gol Linhas Aereas Inteligentes SA posted its first quarterly profit since 2011 after the Brazilian airline trimmed operations to compensate for plunging demand in its home market. First-quarter net income totaled 757.1 million reais ($219 million), compared with a loss of 672.7 million reais a year earlier, Gol said in a statement after the close of trading in ...
Read More »Surplus Singapore Air A380s set for paint shop to lure users
Bloomberg Aircraft-leasing firm Doric is preparing to take back five Airbus Group SE A380 superjumbos from Singapore Airlines Ltd. starting next year, in a move that would be the first test of second-hand demand for the world’s biggest jetliner. While Singapore Air hasn’t officially decided to return the planes, London-based Doric and fellow owner Dr. Peters Fund KG of ...
Read More »Lufthansa reins in expansion as crowded skies threaten profit
Bloomberg Deutsche Lufthansa AG will rein in expansion plans this year as a glut of plane seats depresses ticket prices and travellers delay bookings amid fears of terror attacks. Capacity growth this year will be below the previously targeted 6 percent, Chief Executive Officer Carsten Spohr said in an interview in Berlin. That marks the second reduction in projected ...
Read More »Solar Impulse 2 flies from Arizona on historic flight
Los Angeles / AFP The Solar Impulse 2 took off from Phoenix, Arizona to Oklahoma on Thursday, resuming its record-breaking quest to circle the globe without consuming a drop of fuel. The experimental solar-powered plane, piloted by Swiss adventurer Bertrand Piccard, took off for the latest stage of its around-the-world flight aimed at drawing attention to clean energy technologies. ...
Read More »Qatar Airways postpones longest non-stop flight
Doha & Paris / Reuters Qatar Airways has delayed the launch of the world’s longest scheduled direct flight — from Doha to Auckland, New Zealand — by two months because of the late delivery of Airbus A350s, an airline spokeswoman said. “I can confirm we are looking at February. It’s due to aircraft availability, specifically the delay in delivery ...
Read More »EasyJet flies into a loss over Brussels attacks
Luton / AFP-Bloomberg British no-frills airline EasyJet on Tuesday said it had fallen into a loss during the first half of its financial year in the wake of the Brussels attacks. Its earnings statement added that future revenues would be impacted also by recent events in the Belgian capital. Net losses stood at £20 million ($29 million, 25 million ...
Read More »Turkish Airlines posts biggest loss as direct traffic dips
Bloomberg Turkey’s national airline reported the biggest loss since at least 1999 in the first quarter as geopolitical risks and security concerns pressured direct traffic into the country. Turkish Airlines posted a loss of 1.24 billion liras ($422 million) in the three months through March, compared with a net income of 373 million liras in the same period a ...
Read More »Lufthansa under stress amid revamp struggle
Bloomberg Deutsche Lufthansa AG said passenger fares are set to erode further this year as it grapples with unions over a restructuring of European operations aimed at stemming the flow of customers to discount rivals. The stock fell as much as 7.1 percent. Lufthansa’s yield, a measure that reflects average ticket prices, suffered the biggest drop in at least ...
Read More »