FlyNiki founder Niki Lauda has resigned as CEO of the Austrian airline and has been appointed to the Air Berlin (AB) administrative board as non-executive director.
Generating ancillary revenue is now an entrenched component of the global airline business, likely enabling carriers to avoid steep losses even as the economy sputters. The question the industry is now asking itself: How far can we go? Is there a limit at which consumer backlash against a particular fee, or a range of fees, outweighs the benefits of unbundled pricing?
By Nicholas E. Calio Airlines are the physical Internet, connecting people, products and the world driving the global economy and creating millions of jobs. Commercial aviation drives more than $1.2 trillion in annual economic activity and more than 10 million well-paying American jobs. Of the industries that contribute the most to our economy, aviation is number three, right behind energy and farming.
Includes: World Airline Traffic World Airport Traffic IATA Fuel Prices Aircraft Data Aircraft Values Aircraft Deliveries US Major and National Airline Traffic US Ontime Performance U.S. Fuel Cost and Consumption US Mishandled Baggage US Consumer Complaints
As the airline industry continues to battle wild market swings, Southwest Airlines has been among the most resilient of carriers thanks to its low cost structure and strategic long-term planning. Its CFO sat down with Air Transport World sister-publication Business Finance to discuss the merger with AirTran Airways, the volatility of oil prices and planning for the unthinkable.
Kenya Airways (KQ) posted a net profit of KES2.03 billion ($211 million) for its fiscal year first-half ended Sept. 30, up 41.6% from KES1.4 billion in the year-ago period.
FirstNation Airways will launch daily Lagos Airbus A320 service to Abuja Nov. 2 and daily service to Port Harcourt Dec. 1. The new Nigerian carrier received its airline operator’s certificate (AOC) Oct. 31. Avianca will launch 4X-weekly Washington Dulles-Bogota-La Paz Airbus A319 service Nov. 16. Turkish Airlines will launch daily Istanbul Ataturk-London Gatwick service Dec 20.
Baltic Aviation Systems (BAS), a minority shareholder of troubled Air Baltic, has made a bid for the finally troubled state-owned JAT Airways (JU) after the Serbian government extended the deadline through Oct. 31 ( ATW Daily News, Oct. 11).
Atlas Air Worldwide Holdings (AAWH) reported a third-quarter net income of $28.2 million, down 16.6% compared to a $33.8 million net profit earned in the year-ago period. But the company, the parent of Atlas Air and Polar Air Cargo, believes its prospects have brightened with its first Boeing 747-8 freighter joining its fleet last week.
Southwest Airlines (SWA) on Monday announced its pilots, represented by the Southwest Airlines Pilots’ Assn. (SWAPA) and Air Tran pilots, represented by the Air Line pilots Assn. (ALPA), have ratified a seniority integration agreement. The agreement combines the merging airlines' pilot seniority lists.
Bengaluru International Airport (BLR) is aiming to attract more hub traffic and provide a sustainable alternative to Singapore and the Gulf hub airports for traffic to Australia and New Zealand.
News from Travel Technology Update: The Russian online travel industry, if not in its infancy, is barely into toddlerhood. Until the mid-2000s, travel e-commerce didn’t exist.
Transaero Airlines (UN) signed a memorandum of understanding (MOU) with Boeing for four 747-8 Intercontinental aircraft, making it the first customer in Russia, the CIS and Eastern Europe for the passenger version of 747-8.
Air Macau (NX) has received a MOP700 million ($89 million) capital injection from the Macau local government by selling its 420,420 new shares for the carrier’s fleet expansion in the next two or three years.
Transaero Airlines (UN) signed a memorandum of understanding (MOU) with Boeing for four 747-8 Intercontinental aircraft, making it the first customer in Russia, the CIS and Eastern Europe for the passenger version of 747-8.
