The next phase in the ongoing Brexit situation took place this week with the release of the draft withdrawal agreement between the European Union and the United Kingdom. The 585-page document outlines the process of how the U.K.’s membership will cease and what possible agreements need to be in place pending its exit. As such […]
Turkish Airlines reported this week that in the first nine months of 2018 they have achieved a net profit of $755 million, a 300 percent increase versus the same period of 2017. The airline has made significant gains in most of the metrics used to measure airline performance. Revenue rose by 20 percent to hit $9.9 […]
The administrators of bankrupt Italian airline Alitalia are considering bids from three interested parties it was revealed this week. As previously reported, the future of the carrier has been subject to continued speculation since a general election in the country earlier this year resulted in a coalition government with a predominant nationalist party with a […]
At 2300 GMT on Friday, March 29, 2019, the United Kingdom is scheduled to leave the European Union. With this deadline only five months away and the strong possibility of a ‘no-deal’ Brexit, uncertainty remains for all parties of what life will be like from March 30. For the aviation industry and transport sector in […]
Swoop, the ultra-low-cost subsidiary of Canada’s WestJet, has postponed the commencement of U.S. services until Oct. 27 as all regulatory approvals have not yet been granted to the airline. Under the “Advisories” section of its website, the airline has apologized for the inconvenience to customers, giving the following reason for the delays: “Unfortunately, several U.S flights […]
An Air India Express 737 en route from the southern Indian city of Trichy to Dubai on Friday had to land in Mumbai three hours into its flight after Trichy Airport officials reported that the aircraft ‘might have’ hit an airport perimeter wall prior to takeoff. BBC News reported that the aircraft, operated as Air […]
Italy’s national carrier Alitalia is facing new challenges as the Oct. 31 deadline approaches for the end of the sale process for the airline, which declared bankruptcy in 2017. The deadline for offers was delayed from earlier this year after the Italian general election failed to produce a clear winner and a coalition government was […]
Rolls Royce this week advised airlines who operate Boeing 787 aircraft with their troubled Trent 1000 Package ‘C’ engines, that the faulty engine blades are deteriorating even faster than expected requiring additional maintenance checks. The affected engines have been the cause of significant operational issues for airlines since the end of last year when faults […]
U.S. airlines will be unrestricted with regard to baggage charges and change fees after a bill authorized by a congressional board removed a clause from the FAA reauthorization bill to mandate “reasonable and proportional” fees. The disclosure comes after a month in which U.S. airlines raised baggage fees and it was announced that ancillary revenue […]
United Airlines reported a record share price on Friday with the value of its stock breaking the $90 mark for the first time. The value of the company has risen an incredible 33 percent this year, a greater increase than Delta, up 3.5 percent, and American Airlines which has seen its value drop by 23 […]
