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Japan Airlines to Expand Cargo Operations, Signs Agreement with Silk Way
The flag-carrier of Japan, Japan Airlines (JAL), is looking to expand the horizons of its cargo division, JAL Cargo, by signing a co-operation agreement with Azerbaijan’s Silk Way West Airlines. The deal will see JAL Cargo gain access to Silk Way’s freighter capacity, who will, in turn, see increased activity in and out of Japan. While […]
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Aeroméxico Offers Discount Trips to Seoul to Celebrate World Cup Success
The Mexican national carrier, Aeroméxico, is offering a 20 percent discount on flights to South Korean capital Seoul after their national team sensationally saved their blushes at the FIFA World Cup in Russia, on Wednesday. South Korea’s unexpected 2-0 win over reigning champions Germany ensured Mexico qualified for the next round, despite nearly stumbling at […]
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Unlikely Allies Join Forces to Demand Action on European ATC Strikes
The bosses of two of Europe’s most prominent airline operators have united in their intent to submit a complaint to the European Commission in Brussels over air traffic control (ATC) strikes, which they claim are in danger of getting out of control. The CEO of International Airlines Group (IAG), Willie Walsh, and his Ryanair counterpart […]
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Etihad Reduces Losses for 2017 to $1.5 Billion
Abu Dhabi-based Etihad Airways has announced it is still operating at a loss for 2017, following on from a troubled 2016 which saw the airline post a deficit of $1.95 billion. The company cites increased fuel costs along with the financial burden of failing operations of its equity partners Alitalia and the now-defunct Air Berlin. According […]
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South African Airways to Begin Restructuring to Combat Financial Woes
South African Airways (SAA) CEO Vuyani Jaraya has admitted that “tough decisions” are required in order to save the continent’s largest carrier from financial ruin. On the verge of collapse, Jaraya indicated a streamlining of the airline’s 10,000-plus workforce, as well as an assessment of the suitability of the airline’s current fleet, will be undertaken to […]
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Saratov Airlines Ordered to Cease Operations in Wake of Fatal Crash
Russian regional carrier Saratov Airlines, the airline involved in February’s fatal accident outside Moscow which resulted in the deaths of 71 people, has been ordered to cease operations by the Russian Transport Ministry due to continued discrepancies in its flight operations. The accident occurred on Feb. 11 when Saratov Airlines flight 703, an Antonov An-148, […]
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Wizz Air’s Profits Continue to Soar Despite Heavy Low-Cost Competition
European low-cost carrier Wizz Air has published strong results for the end of the 2018 financial year compared to 2017, with passenger numbers increasing 24.7 percent to 29.6 million, revenue by 24 percent to €1.95 billion, and profit increasing 22.1 percent to €275 million. Headquartered in the Hungarian capital Budapest, the airline is the largest […]
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Glasgow Airport Makes Initial Step in Establishing First Nonstop Route to China
Glasgow Airport and the Shanghai Airport Authority have formed an alliance in an effort to expand tourism between the two cities, which could see the introduction of nonstop flights for the first time. A Memorandum of Understanding was signed on Thursday after months of negotiation. A number of long-haul routes operate out of Glasgow International (GLA); […]
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Struggling South African Airways to Receive $400 Million Capital Injection
The South African government has promised another sizeable cash injection to its ailing national carrier to assist with “urgent financial obligations,” it was announced on Thursday. The latest 5 billion rand ($400 million) boost will mean that the airline has received over $2 billion in government subsidies in recent years. South African Airways (SAA) is the continent’s […]
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Record-Breaking March Points Toward Another Successful Year for Ryanair
It was another successful March for low-cost Irish carrier Ryanair, with the announcement this week that passenger numbers are up six percent on the same time last year, with a total of ten million passengers carried. Load factor also increased marginally to 95 percent. It looks to be another record-breaking year for the airline, with […]