Airline ETF suffers as oil increases
The Guggenheim Airline ETF (FAA) was pushed to a nearly 6.2% loss on the day yesterday. The product was led lower by its heavy holdings in Delta which comprises 17.2% of the fund, United Continental ...
The Guggenheim Airline ETF (FAA) was pushed to a nearly 6.2% loss on the day yesterday. The product was led lower by its heavy holdings in Delta which comprises 17.2% of the fund, United Continental ...
An Emirates Airline A340-300 was stuck in Munich for around three hours this week, due to technical difficulties with the aircraft, it has been reported. Crew members on a Dubai-Munich flight report...
After nearly nine years servicing the Cebu-Doha route, Qatar Airways has announced that it will cease to operate this route effective March 26 this year. In an advisory sent to its partners and clie...
Hundreds of Velvet Sky passengers were left stranded at airports including Cape Town International yesterday because of a dispute with a service provider. Details are unknown beyond what Velvet Sky...
Emirates Airline will add more than 2,000 seats a week to and from Newcastle when it introduces a 428-seat Boeing 777-300ER, which will replace a 278-seat Airbus A330-200 on the route - a capacity...
Angolan airline Taag said it would replace its three Boeing 737-200s with 737-700s, “as although they meet safety standards they no longer meet noise and environmental pollution requirements in place...
As mentioned last month: Etihad Airways today announced the launch of non-stop daily flights to Washington, D.C., the airline’s fourth destination in North America, from March 31 2013, subject to re...
Air Zimbabwe has now suspended all flights indefinitely as of today. This was after workers vowed not to report for duty until they are given their outstanding salaries which it seems cannot be paid...
Stelios Haji-Ioannou, the founder of EasyJet, is to invest $500 million in a low-cost African airline with Ghana’s capital, Accra, as its regional hub. “We could link Ghana to 10 or 15 different cou...
EU regulators are investigating three regional German airports and one in Austria who may have breached EU state aid rules in setting lower charges for Ryanair, Germanwings and Air Berlin. This is s...
Air Malta said a number of initiatives laid out by the European Commission in its response to the airline’s restructuring plan “have already been enacted and Air Malta has already started to reduce ...
The total failure of successive UK governments to decide on a plan for airport expansion in London has now come full circle as Colin Matthews, BAA CEO stated yesterday that Chinese and South America...
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