Recent Posts

Qantas, Virgin Australia ground Samsung Note 7 after recall

  Sydney / AFP Australian carriers Qantas and Virgin Australia told customers on Thursday not to use or charge Samsung’s Galaxy Note 7 during flights after faulty batteries in the new smartphone caused some handsets to explode. Samsung, the world’s largest smartphone maker, said last week it was suspending sales of its latest flagship mobile device and recalling 2.5 million ...

Read More »

Drop in travel demand not severe: EasyJet CEO

  Bloomberg EasyJet Plc Chief Executive Officer Carolyn McCall said financial markets “overreacted” to Britain’s decision to exit the European Union, as a feared drop in travel demand hasn’t been as severe as investors expected. There was a “short-term” impact from the collapse of the pound in the aftermath of the referendum, McCall said on Thursday in London. While that ...

Read More »

Airline shares jump as Southwest eases overcapacity fears

  Bloomberg U.S. carriers climbed the most in almost two months after Southwest Airlines Co. said it would slow capacity growth next year, bringing the supply of seats and flights more in line with demand and possibly relieving pressure on fares. Capacity will expand less than 4 percent next year, down from this year’s pace of 5 percent to 6 ...

Read More »
Send this to a friend