Publication: AIRwise

First reported 18 hours ago - Updated 5 hours ago - 2 reports

Lufthansa Pilots Extend Strike To Long-Haul

German pilots raised the pressure on Lufthansa management, widening a two-day strike to include long-haul flights that are among the airline's most profitable.The Vereinigung Cockpit (VC) union called on pilots on long-haul routes to walk out between ... [Published AIRwise - 8 hours ago]
First reported Oct 17 2014 - Updated Oct 18 2014 - 1 reports

Japan To Roll Out First Commercial Jet In 50 Years

Mitsubishi Aircraft will roll out Japan's first commercial aircraft in more than 50 years on Saturday, amid doubts its ambition to sell more than 2,000 of the planes can match reality in the market segment.Developed for USD$1.9 billion by a subsidiary ... [Published AIRwise - Oct 17 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

Ryanair Sees Plenty More Growth Within Europe

Ryanair's bid to become one of the world's biggest airlines will focus on higher-frequency routes and more domestic flights in core European markets rather than venturing further afield.Already Europe's largest airline by passenger numbers, selling over ... [Published AIRwise - Oct 18 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

PAL Offers To Buy Out Minority Shareholders

Philippine Airlines owner Lucio Tan is buying out minority shareholders in parent PAL Holdings at a discount.The voluntary tender offer comes on the heels of the USD$1 billion deal to acquire San Miguel's 49 percent stake in the parent firm PAL Holdings, ... [Published AIRwise - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Singapore Airlines Rides To Tiger's Rescue

Singapore Airlines is injecting up to USD$110 million to take control of loss-making affiliate Tiger Airways, shoring up the budget carrier while scrapping its regional ambitions as competition rages.Announcing a record quarterly loss, Tiger said that ... [Published AIRwise - Oct 17 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

Delta Profit Drops On Higher Expenses

Delta Air Lines' quarterly profit slumped 74 percent as higher operating expenses did not allow the US airline to take advantage of strong business and leisure travel.Total operating expenses jumped 16 percent to USD$10.34 billion in the third quarter ... [Published AIRwise - Oct 16 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

Wizz Air In Talks To Invest In Russia Project

Wizz Air is in advanced talks with a Russian fund to jointly invest in a project which could boost the budget carrier's presence there.Chief executive Jozsef Varadi gave no details of the project or the amount the carrier planned to invest with Russian ... [Published AIRwise - Oct 16 2014]
First reported Oct 15 2014 - Updated Oct 16 2014 - 1 reports

IndiGo Agrees Record 250 Airbus Order

Indian budget airline IndiGo has agreed to buy 250 Airbus A320s, a purchase that could be worth nearly USD$26 billion and rank as the largest single order of jets from the European plane maker.IndiGo is expanding aggressively as it seeks to win more market ... [Published AIRwise - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 16 2014 - 1 reports

Germanwings Pilots To Strike On Thursday

Pilots at Lufthansa's low-cost unit Germanwings are to go on strike on Thursday as a dispute over an early retirement scheme drags on.The strike, the seventh at Lufthansa this year, will last for 12 hours from 12:00 until 23:59 local time on Thursday, ... [Published AIRwise - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Embraer Order Book Hits Record High

Embraer reported its strongest ever order backlog after booking a contract for its new military cargo jet and another big order for the US market.Embraer's backlog of firm orders rose to a record high USD$22.1 billion at the end of September from USD$18.1 ... [Published AIRwise - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Vietnam Air To Pick Foreign Investors By Feb 2015

Vietnam Airlines is looking to sell a combined 20 percent stake to up to three foreign strategic partners by February 2015.While the national carrier would prefer a single foreign airline as a strategic partner, it is willing to consider overseas financial ... [Published AIRwise - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

AirAsia X Could Defer A350 Delivery

Malaysia's AirAsia X could defer the delivery of its Airbus A350s if European economies fail to recover by the time it receives the first aircraft in 2018 or 2019."You can't really pinpoint it until the first one enters into service and the production ... [Published AIRwise - Oct 15 2014]

Quotes

"The strikes are not only causing significant financial damage but are also damaging our image, the consequences of which are significant and not yet clear" Lufthansa Chief FinancialChief Financial officer Simone Menne said in a statement
"The Vereinigung Cockpit (pilots union) is trying to turn Germany into a standstill nation" the airline said
"A lot of the growth is going to be relatively unspectacular in appearance, but spectacular in size" said Ryanair's David O'Brien, who is in charge of doing deals with airports to add to the airline's 1,600 routes
"The E-Jet E2 will produce economics every bit as competitive as the MRJ, despite the lack of clean-sheet design" said Morris

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All (84) | News (84) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Lufthansa Pilots Extend Strike To Long-Haul [Published AIRwise - 8 hours ago]
Lufthansa Cancels Flights Due To Pilots Strike [Published AIRwise - 18 hours ago]
Ryanair Sees Plenty More Growth Within Europe [Published AIRwise - Oct 18 2014]
Japan To Roll Out First Commercial Jet In 50 Years [Published AIRwise - Oct 17 2014]
Singapore Airlines Rides To Tiger's Rescue [Published AIRwise - Oct 17 2014]
PAL Offers To Buy Out Minority Shareholders [Published AIRwise - Oct 17 2014]
Wizz Air In Talks To Invest In Russia Project [Published AIRwise - Oct 16 2014]
Delta Profit Drops On Higher Expenses [Published AIRwise - Oct 16 2014]
Embraer Order Book Hits Record High [Published AIRwise - Oct 15 2014]
IndiGo Agrees Record 250 Airbus Order [Published AIRwise - Oct 15 2014]
Vietnam Air To Pick Foreign Investors By Feb 2015 [Published AIRwise - Oct 15 2014]
Germanwings Pilots To Strike On Thursday [Published AIRwise - Oct 15 2014]
Asiana To Pay USD$55 Mln In Price-Fixing Case [Published AIRwise - Oct 15 2014]
AirAsia X Could Defer A350 Delivery [Published AIRwise - Oct 15 2014]
Spain Picks Core Shareholders For Aena [Published AIRwise - Oct 15 2014]
FAA Chicago-area ATC Back To Full Operations [Published AIRwise - Oct 14 2014]
Airlines Need Tougher Rules On Battery Fires [Published AIRwise - Oct 14 2014]
Norwegian Says Younger Fleet Key To Greener Skies [Published AIRwise - Oct 14 2014]
Three Binding Bids For Greek Airport Leases [Published AIRwise - Oct 11 2014]
Las Vegas Flight Quarantined In Ebola False Alarm [Published AIRwise - Oct 11 2014]
Airbus Signs Tentative Deal For Second Plant In... [Published AIRwise - Oct 10 2014]
Lufthansa Cargo Cautiously Optimistic For Q4 [Published AIRwise - Oct 10 2014]
Aircraft Cleaners Walk Off Job Over Ebola Concerns [Published AIRwise - Oct 10 2014]
Tiger Airways To Sublease Excess Planes [Published AIRwise - Oct 09 2014]
Emirates Says New Plane Tracking Systems Unnece... [Published AIRwise - Oct 09 2014]
Aena Attracts 3 Potential Core Investors [Published AIRwise - Oct 09 2014]
CFM Begins Flight Trials Of LEAP-1C Engine [Published AIRwise - Oct 09 2014]
Norwegian Picks Rolls-Royce To Power Additional... [Published AIRwise - Oct 09 2014]
Doubts Linger On Aena Share Sale [Published AIRwise - Oct 09 2014]
Austrian Airlines, Pilots, F/As Agree Deal [Published AIRwise - Oct 08 2014]
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