Scandinavian Airlines (SAS) reported a fiscal first-quarter net loss of SEK630 million ($98.8 million), reversed from a SEK2.5 billion loss in the year-ago period.
Vueling shareholders have been advised by the airline’s management not to accept the takeover offer from International Airlines Group (IAG) because it is undervalues the company.
Fuel hedging has helped ensure airlines for years against revenue-eroding fuel spikes, but fuel price volatility today is prompting some carriers to reevaluate their hedging programs and, in some cases, look elsewhere for savings.
If necessity is the mother of invention, then rising oil prices are not all bad news for airlines. The growing need to reduce unnecessary fuel burn is creating a sense of urgency about global airspace modernization and the need for more efficient air traffic management tools.
It is all about me. That was the clear message from this year’s Air Transport IT Summit in Brussels. “Passengers have an insatiable appetite to have more control, more personalization,” said SITA director, market insight Nigel Pickford. But, to personalize, airlines need to capture and analyze data about individual passengers and their interests. Make no mistakes, this is a Herculean task.
In stark contrast to the air passenger and general airfreight sectors, both famously fractured into a myriad of global companies, the international express cargo delivery business looks more like other modern transnational industries dominated by a handful of mega-players. On a global scale, United Parcel Service (UPS), FedEx, DHL Express and TNT Express are really the only games in town.
Swiss AviationSoftware signed a contract with Scandinavian Airlines for the implementation of AMOS maintenance and engineering software, slated for implementation beginning in the third quarter 2013. JorAMCo won a maintenance services contract from Air Astana to perform C checks on three Embraer E-190s.
India will replace its Directorate General of Civil Aviation (DGCA) with a Civil Aviation Authority (CAA), according to Minister for Civil Aviation Ajit Singh.
It is not every day that Europe’s network airlines agree with Ryanair (FR), but the latest airport fees hike rolled out by Spanish state-owned airport operator AENA has triggered a fierce response from both network and low-cost carriers.
The US National Transportation Safety Board (NTSB) will hold both a public “forum” and “investigative hearing” next month to explore issues surrounding the Boeing 787’s lithium ion batteries.
Bombardier Aerospace rolled out the first CSeries flight test vehicle (FTV1) Thursday at its Montreal Mirabel facility and announced an extended variant of the CS300 that can carry up to 160 passengers.
Migrations from one passenger services system to another are often described by survivors in surgical terms: the airline equivalent of open-heart surgery, a heart-lung transplant and other occasions involving lots of blood.
Top Republicans in Congress have accused US transportation secretary Ray LaHood and FAA of “resorting to scare tactics” in determining how to comply with mandatory budget cuts.
The US National Transportation Safety Board (NTSB) provided a detailed description of the Jan. 7 Boeing 787 fire in Boston, but offered no conclusion regarding the incident’s root cause.
With Europe suffering from one of the worst bouts of economic turmoil in recent history, it takes more than the luck of the Irish for a small airline from the continent’s westernmost fringes to make an impact on a new route.
