THY shares soar
Shares in Turkish Airlines (THY) rose steadily last week to close at their strongest level since April 17. The airline has been expanding routes steadily and passenger figures have been strong; during...
Shares in Turkish Airlines (THY) rose steadily last week to close at their strongest level since April 17. The airline has been expanding routes steadily and passenger figures have been strong; during...
New data from Eurocontrol, an intergovernmental agency for air-navigation safety, shows that European low-cost carriers carried 31% of the total passengers for the European market in May – up 2% on th...
Last week the Office of Fair Trading referred the question of whether Ryanair’s 29.8% stake in Aer Lingus breaches competition rules. The OFT is concerned that the stake may give Ryanair “the ability...
The International Air Transport Association (IATA) has announced that Qantas Airways CEO and managing director Alan Joyce has assumed his duties as Chairman of the IATA Board of Governors. Joyce succe...
Airlines are looking to boost revenues by selling extra products, such as concert tickets, alongside airline tickets. To this end, the airlines are in loggerheads with the global ticket booking system...
Turkish Airlines aims to double its African destinations by 2013, according to CEO Temel Kotil. He says that by the end of the year, the carrier aims to increase its African destinations from 20 to 30...
US Airways is readying for formal antitrust approval for a merger with AMR. Now is the timeframe for shareholders to demand an umbrella company to keep the two brands and save on merger costs. Are you...
A 71.3% stake in S7 Airlines is allegedly being offered for sale by current shareholders Vladislav Filev and his wife. News reports suggest the stake has been offered to Aeroflot and Transaero for a...
Virgin Atlantic will stop all services between London and Nairobi from September 23 due to falling demand and high fuel costs. Customers who have already booked flights will be offered a full refund, ...
An European Court of Justice advocate general has opposed a joint legal challenge by British Airways, easyJet, Tui Travel and the International Air Transport Association to compensation rules introduc...
LOT Polish Airlines has selected Monarch Aircraft Engineering (MAEL) as its primary maintenance organisation for airframe maintenance services on its Boeing 787 Dreamliner fleet; which will consist of...
Standard & Poor’s has recently upgraded ORIX Aviation’s Asset Management Servicer Rating to the highest rating available. In reaching its decision, Standard & Poor's commented on the strong systems an...
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