untitled design

Tag: Airlines

‘Upheaval’ in the competition for the barren airlines: 10 out of 28 are disqualified

‘Upheaval’ in the competition for the barren airlines: 10 out of 28 are disqualified ‘Upheaval’ in the competition for the barren airlines: 10 out of 28 are disqualified

By Fotis Fotinos Data change in the tender for the 28 barren air routes conducted by the Civil Aviation Authority, as interest was expressed by airlines to take over 10 routes without financial compensation. This means that the 10 lines are declassified as barren and the competition continues for the remaining 18 lines. In particular, […]

Paris airport cancels more flights today due to strike

Paris airport cancels more flights today due to strike Paris airport cancels more flights today due to strike

Travel disruption due to strikes at Paris’ main airport worsened today, with France’s civil aviation authority ordering more departures grounded. Officials told airlines to cancel 20 percent of flights between 7 a.m. and 2 p.m. at Charles de Gaulle Airport, down from 17% which was the decrease on Friday during these hours. The unions walked […]

Congress is closing in on a deal

Congress is closing in on a deal

Democrats and Republicans are closing in on a massive stimulus package to combat the economic impact of the coronavirus. In perhaps the biggest signal that an agreement was close, House Speaker Nancy Pelosi, D-Calif., told CNBC on Tuesday morning that there is “real optimism” Congress can clinch a pact within a few hours.┬áSenate Majority Leader […]

China becomes increasingly isolated as airlines pull out

China becomes increasingly isolated as airlines pull out

Chinese citizens wear face masks to protect against the spread of the Coronavirus as they check in to their Air China flight to Beijing, at Los Angeles International Airport, on February 2, 2020. Mark Ralston | AFP | Getty Images Dai Xin planned to fly to the northeastern Chinese city of Shenyang this month to […]

Boeing CEO says he’s confident regulators will sign off on 737 Max by mid-year

Boeing CEO says he’s confident regulators will sign off on 737 Max by mid-year

Boeing’s new CEO, David Calhoun, told CNBC on Wednesday that he’s confident that regulators will permit the 737 Max to return to service by the middle of 2020. Last week, Boeing gave airlines and suppliers that same timetable, which was months later than the company previously expected. “Mid-year is what we think we can do,” […]

Airbus, Nasdaq to create derivative trading for airline tickets

Airbus, Nasdaq to create derivative trading for airline tickets

  Just like airline corporations use oil futures to hedge towards the volatility in gas prices, they are going to quickly have the ability to do the identical with the swings in ticket fares, which fluctuate drastically throughout holidays, occasions and totally different climate.   The London-based platform Skytra will allow airways to handle its […]

Boeing expected to take another big, ugly charge on 737 Max crisis

Boeing expected to take another big, ugly charge on 737 Max crisis

A 12 months in the past, Boeing posted file revenues topping $100 billion with hopes of delivering a chart-topping variety of airplanes in 2019, together with a whole bunch of 737 Max jetliners. The information is not going to be so rosy on its fourth-quarter earnings name this 12 months. Those bestselling planes had been […]

PM Johnson says UK working to save Branson-owned airline Flybe

PM Johnson says UK working to save Branson-owned airline Flybe

This picture shows a Dash 8 Q400 of Flybe airline during take-off on September 24, 2019 at the airport in Duesseldorf, western Germany. INA FASSBENDER U.K. Prime Minister Boris Johnson has offered a heavy hint that his new Conservative administration will begrudgingly step in to help prevent the collapse of Europe’s biggest regional airline, Flybe. […]