Finnair has approved a one-off long-term incentive plan for its pilots as part of a savings agreement concluded last month between the airline and the Finnish Air Line Pilots’ Association (SLL) that will generate €17 million ($22 million) in permanent annual savings.
US investment firm RiverOak is urging the UK government to amend the law relating to airport closures in the wake of its failed bid to bailout Manston Airport in Kent.
UK-based regional carrier Flybe has closed its Rewards4All frequent flyer rewards program and is switching to the Avios (formerly Airmiles) travel loyalty program.
The UK government will implement screening at Britain’s two main gateway airports—London Heathrow and Gatwick—for passengers traveling from Ebola-stricken Liberia, Sierra Leone and Guinea.
German aviation authorities (Luftfahrt-Bundesamt, or LBA) have denied the continuation of 34 codeshare routes between Etihad Airways and its strategic equity partner airberlin for the coming winter schedule, effective at the end of October.
The US Centers for Disease Control and Prevention (CDC) and the Department of Homeland Security (DHS) have unveiled a plan to implement health screenings of airline passengers arriving at five US airports from Guinea, Liberia and Sierra Leone.
Airlines for America (A4A) president and CEO Nicholas Calio has launched an aggressive lobbying campaign ahead of next year’s FAA reauthorization debate in Congress, telling US lawmakers they need to act to “level the competitive playing field” for US airlines facing stiff competition from Middle East and Asian carriers.
Air France-KLM Group believes the effect of last month’s two-week Air France pilot strike could cost the group €500 million ($634 million) in the current financial year.
The TATA/Singapore Airlines joint venture startup Vistara, which is due to launch operations in India later in October, has become the first airline in India to adopt the Amadeus Altéa Suite of technology solutions.
African low-cost carrier fastjet announced its Tanzanian flight services have been hit by four bird strikes, which resulted in a number of flights being delayed or canceled.
Lufthansa subsidiary Austrian Airlines and Works Council for flight and cabin crew of its Tyrolean Airways subsidiary have reached a framework agreement for a new Group collective wage agreement for approximately 3,200 flight staff.
Lufthansa Cargo said Tuesday it plans to “operate all of its flights” after Lufthansa pilot union Vereinigung Cockpit (VC) announced another strike Oct. 8 and 9 in its ongoing protest over transition payments for early retirees.
Association of European Airlines (AEA) chairman Temel Kotil used a keynote address at MRO Europe in Madrid to warn about the mounting dependency on original equipment manufacturers (OEMs) for aftermarket support.
The Australian Transport Safety Board (ATSB) said the next phase of a year-long underwater search in the Southern Indian Ocean for the missing Malaysia Airlines Flight 370 began Monday.
Lufthansa Pension Trust has raised gross proceeds of €388 million ($491 million) from the sale of a 3% stake of Spanish travel technology company Amadeus IT Holding through a private placement to institutional investors.
The European Commission has ordered Germanwings, Meridiana, Ryanair, TUIFly, Germany’s Zweibrücken Airport, Alghero Airport in Italy and Brussels Charleroi to repay illegal state aid, and launched an in-depth investigation into airline agreements at Brussels National Airport.
Air passenger traffic demand worldwide grew 5.9% year-over-year in August, up 0.6 point from July but down 0.9 point from August 2013’s growth rate, according to IATA’s August Air Passenger Market Analysis report.
Pilot strikes by the Vereinigung Cockpit (VC) have damaged Lufthansa’s image and have hit long-term bookings for passengers, according to Lufthansa executive board member and CEO of Lufthansa German Airlines Karl Ulrich Garnadt.
Aeroflot announced its first non-Russian pilot—Klaus Rohlfs, a German citizen—has operated his first flight from Moscow to Prague, following the passage of air code amendments by the State Duma in April allowing carriers to hire foreign pilots.
Global air freight markets grew 5.1% year-over-year in August, boosted by increased demand in Africa, the Asia-Pacific region, the Middle East and North America, according to IATA’s August air freight market analysis.
