According to the report, the decision will be in effect until October 27, 2016. The United States has extended for another year a ban on flights of its aircraft to international airports of Crimea’s capital Simferopol and the Ukrainian city of Dnepropetrovsk. The U.S. Department of Transportation and the Federal Aviation Administration said on Thursday that the decision stemmed...
Ukraine's Infrastructure Ministry and State Aviation Administration wants to hold such consultations, its head aide on media issues says. Consultations between Russia and Ukraine on lifting the ban on flights may be held next week, Ukrainian State Aviation Administration’s head aide on media issues Natalya Terletskaya told TASS on Friday. "Our Infrastructure Ministry and State...
Turkish Airlines has launched a new daily flight from London Heathrow Airport to Istanbul, Turkey. Osman Battal, Turkish Airlines general manager for London said: “We are delighted to announce our fifth flight from London Heathrow to Istanbul. We are incredibly proud of our unique Turkish hospitality , service and happy that more and more passengers are using our airline to visit Turkey;...
Vietnam Airlines has added a sixth weekly flight from Heathrow Airport using a Boeing Dreamliner 787-9 as part of its winter 2015/16 schedule. The carrier will now fly non-stop three times a week to Hanoi and Ho Chi Minh City from Sunday, 25 October. Vietnam Airlines remains the only airline to offer direct flights between the UK and Vietnam. Departure times from Heath...
IAG Cargo is welcoming six white rhinos on British Airways’ first Airbus A380 flight to Miami (US) on 25 October. The rhinos are embarking on the journey from Johannesburg (South Africa) to Miami to ensure the continued genetic diversity for breeding programmes which are part of a global conservation effort. IAG Cargo product manager for live animals, Gabriella Tama...
Bell Helicopter, a Textron Inc. company, announced that Lisa Atherton has been named executive vice president of military business. In this role, Atherton will be responsible for providing strategic direction, overall management and performance for all government programs and business development efforts. Atherton succeeds Mitch Snyder who was recently appointed Bell Helicopter president and...
Southwest Airlines Co. reported its third quarter 2015 results Gary C. Kelly, Chairman of the Board, President, and Chief Executive Officer, stated, "We are very pleased to report outstanding third quarter 2015 results marked by a 63.1 percent year-over-year increase in net income, excluding special items. Our record third quarter operating income, excluding special items, of $1.0 billion...
Alaska Air Group, Inc., reported third quarter 2015 GAAP net income of $274 million, or $2.14 per diluted share, compared to $198 million, or $1.45 per diluted share in the third quarter of 2014. Excluding the impact of mark-to-market fuel hedge adjustments of $5 million ($3 million after tax, or $0.02 per diluted share), the company reported record adjusted net income of $277 million, or $2.16...
No aircraft, no staff and no licence to fly. The wind-up of Jetstar Hong Kong is all but complete. The failed venture has sold all its Airbus A320s and made most of its staff redundant after the three major shareholders cut off any further funding of the proposed airline in response to the Hong Kong government’s rejection of its application for an operating licence. Qantas chief execut...
Qantas is expecting to deliver a bumper 2015/16 first half profit as the airline group benefits from lower fuel prices and its cost-cutting initiatives amid modest capacity growth in both the domestic and international market and a mixed Australian economy. The positive outlook statement was provided to shareholders by Qantas chief executive Alan Joyce at the airline group’s annual genera...
Boeing Co said on Thursday it booked 20 firm orders for its 737 MAX single-aisle aircraft from Oman Air SAOC, an order that nearly doubles the airline's 737 fleet. Oman Air's order includes conversions of six 737 NG planes to 737 MAX jets, for a net gain of 14 in Boeing's order book. Boeing and rival Airbus are battling for market share in the large single-aisle market. Boei...
United Airlines on Thursday tried to dismiss concerns that executive shake-ups have left an amateur team running its business, promising better service for travelers and moderate expansion in 2016 for investors worried about weak demand. Shares of parent United Continental Holdings Inc. rose more than 2 percent after it forecast a pre-tax profit margin of up to 11.5 percent in the fourth q...
