Delta shows strength with dividend pledge
Delta Air Lines underlined its growing financial strength on Wednesday when it announced that it planned to resume dividend payments for the first time since 2003. The company, the US’s…
Qatar eyes Bankia stake in parent of BA
Qatar has sounded out International Airlines Group about becoming the largest shareholder in the parent of British Airways and Iberia by buying a stake held by Bankia, the troubled Spanish…
Shareholders back new Lufthansa chairman
Lufthansa’s outgoing chairman attacked as deplorable a “foreign” interpretation of good corporate governance, as shareholders backed the airline’s choice of a former chief executive to replace him despite calls from…
Lufthansa switches course on new chairman
Lufthansa said on Monday it would press ahead with moves to install Wolfgang Mayrhuber, the airline’s former chief executive, as chairman, just hours after saying he had withdrawn his candidacy…
Institutional investors back EasyJet order
Leading institutional investors at EasyJet are backing a new growth phase at the budget airline with an aircraft deal for as many as 200 jets, even though the company’s largest…
Losses widen at Air France-KLM
Air France-KLM on Friday reported a worse than expected operating loss for the first quarter of 2013, although it was able to highlight some progress with its cost-cutting programme. The…
Lufthansa sticks to guidance despite loss
Lufthansa on Thursday stuck to its guidance to generate more operating profit this year than last, as the airline company’s first-quarter results fell short of expectations. The German group reported…
Lufthansa agrees pay deal with union
Lufthansa said it had reached agreement on a pay deal with the union representing 33,000 of its staff, averting further industrial action after a series of debilitating strikes grounded flights…
Dreamliner grounding hits carriers’ profits
The grounding of Boeing’s 787 Dreamliner is expected to shave more than $100m off the combined operating profits of All Nippon Airways and Japan Airlines, the two carriers indicated on…
Regulator proposes cuts to Heathrow charges
©Bloomberg The UK’s aviation regulator infuriated Heathrow airport on Tuesday by, for the first time in a decade, proposing a real-terms cut in the amount the hub can charge airlines…
Airlines hit as passengers shift to rail
The shift from air to rail travel in the UK market is revealed by figures out on Monday that show train use on domestic air routes has jumped almost 60…
Regulator set to order Heathrow fees cut
©Getty Heathrow is braced for a tough financial settlement with regulators that could force it to make a real-terms cut in charges for airlines to use its facilities. The Civil…
Japan lifts 787 Dreamliner ban
©Getty Japan’s government on Friday granted permission for airlines that own almost half of Boeing’s grounded 787 Dreamliners to put the jets back in the air after authorities in the…
Pegasus Airlines listing takes to air
Shares in Pegasus Airlines, Turkey’s answer to Europe’s low-cost carriers, made their trading debut on Friday, in the latest sign of the ambition of the country’s aviation sector. The sale…
United Continental losses narrow slightly
©Bloomberg United Continental, the biggest US airline by revenues, said its losses only slightly narrowed from a year ago despite aggressive capacity cuts. The airline, which last year suffered severe…