Archive for the ‘Airlines’ Category

Winglets go a long way to give airlines fuel savings

Boeing calls the odd-looking upturned wingtips on aircraft “blended winglets,” Airbus calls them “sharklets” and Southwest Airlines, in ads, simply calls them “little DooHickeys.” Whatever the name, these wingtip extensions have become prevalent in recent years and have saved airlines billions of dollars in fuel costs. The newest, and funkiest-looking, version was used on a [...]

Qantas chief Alan Joyce says airline now `extremely healthy’

QANTAS chief executive Alan Joyce has started to reverse his rhetoric dramatically on the future of the airline, playing down concerns about the national carrier’s viability following the government’s rejection of its plea for a debt guarantee. Now Mr Joyce says the airline is “extremely healthy”, just four months after warning of its possible demise. [...]

Nepal Airline wreckage found, no survivors

Nepalese police have found the wreckage of a Nepal Airlines plane, carrying 18 passengers in the country’s mountainous west. Authorities have confirmed none of the passengers and crew on board survived the crash. “The plane crashed into a a hill, police have found the wreckage in a village, but no survivors,: said Bimlesh Lal Karna, [...]

Co-pilot detained after Ethiopian Airlines flight forced to land in Geneva

  Swiss police have detained the co-pilot of an Ethiopian Airlines flight that was forced to land at Geneva’s international airport early on Monday morning. Police said the co-pilot, who has asked to be granted asylum, took control of the plane when the pilot went to the toilet, then landed and left through the window [...]

Asiana Airlines pilot was ‘nervous’ about landing before deadly San Francisco crash caught on camera

  Horrific new details into last summer’s deadly Asiana Airlines crash have emerged along with shocking new footage showing the fated passenger airline tumbling onto the San Francisco runway like never before. Firefighter interviews and a National Transportation Security Board accident summary reviewed at an NTSB hearing Wednesday admitted for the first time that a [...]

Heavy hit: airline’s ‘pay what you weigh’ scheme a success

  The head of a tiny Pacific airline that pioneered a fare system based on passengers’ weight said Wednesday the move had been so successful the carrier is upgrading its fleet. Samoa Air introduced its world-first system late last year, when it began charging passengers fares based on how much they weigh, rather than a set [...]

Qantas: S&P cuts airline’s credit rating to ‘junk’

Qantas, the Australian airline, has had its credit rating downgraded to “junk” – below-investment – level, by the ratings agency Standard & Poor’s (S&P). The downgrade could increase the airline’s borrowing costs and sends a warning to investors. The move by S&P comes after the airline issued a surprise profit warning and announced 1,000 job [...]

American Airlines and US Airways merger finalised

  American Airlines and US Airways have completed their long awaited merger to create the world’s biggest airline. It follows AMR Corporation, the parent company of American Airlines, emerging from its 2011 bankruptcy filing. Shares in the new company soared after making their debut on the Nasdaq exchange under the stock symbol AAL. The merger [...]

Emirates orders 50 more superjumbos amid airshow mega-deals

It was a security consultant’s nightmare and a moment to savour – royalty, airline bosses, planemakers and press hordes wedged into the same overcrowded room wanting to see the same thing: the colour of money in the oil-rich and fast-growing Gulf. Gulf airlines dropped $US100 billion ($A106 billion) in 15 minutes on the opening day of the Dubai Airshow, as [...]

The other economy class seats

  Since they have to ride a knife edge financially, where marginal profits in one year can be wiped out by volatile fuel prices in the next, airlines tend to be conservative – reactionary even – in introducing changes that can affect their bottom line. For the past 15 years, they have been obsessed in [...]

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