AirlinesMarkets Fear Indonesia AirAsia Could Be GroundedA move by Indonesia to enforce rules on airlines' finances pushed shares in Malaysian budget carrier AirAsia to their biggest single-day fall as investors feared its Jakarta-based affiliate could be grounded for a lack of funds. A move by Indonesia to enforce rules on airlines' finances pushed shares in Malaysian budget carrier AirAsia to their biggest single-day fall as investors feared its Jakarta-based affiliate could be grounded for a lack of funds. Indonesia's transport ministry said Indonesia AirAsia was one of 13 carriers that must repair stretched balance sheets by July 31 - or face closure. Already hit in recent weeks by questions over accounting, AirAsia shares tumbled more than 15 percent on Wednesday at one stage. Indonesia's transport ministry said Indonesia AirAsia was one of 13 carriers that must repair stretched balance sheets by July 31 - or face closure. Already hit in recent weeks by questions over accounting, AirAsia shares tumbled more than 15 percent on Wednesday at one stage.
LinkAmerican Airlines is moving to one reservation systemAmerican Airlines is preparing to move all flights currently booked through the U.S. Airways Share system to American's own Sabre booking system. The step marks one of the last major steps in the merger between the two airlines and the 90-day transition period could begin as early as this week.
LinkAmerican Airlines to begin flights between Charlotte - Springfield, Mo.Passengers can now book flights from Charlotte, North Carolina to Springfield, Missouri. American Airlines will begin flying the route this fall. "With connections to Charlotte, new economic opportunities open up," said Tom Rankin, board president of the Springfield Business Development Corp. "We are convinced that our business community will continue to respond to these opportunities by filling nearly every plane that comes in and goes out of our airport."
LinkFedEx upgrades planes to save money on fuel FedEx is set to retire 19 planes next year as it updates its fleet to become more fuel efficient. "We're actually modernizing our fleet, so we're getting rid of very inefficient fuel-burning aircraft that's high maintenance to a newer fleet, better maintenance, better reliability, better fuel efficiency," said FedEx Express CEO Dave Bronczek.
LinkOkay Air Rapped For Overworking PilotsChina's aviation regulator has banned privately owned Okay Airways from buying more aircraft and ordered it to reduce flying hours, in a rare move by the regulator which said the small carrier was overworking its pilots. The Civil Aviation Administration of China (CAAC) said it had made its decision after examining the flight mission documents and crew schedules for 60 pilots and 15 co-pilots from January to May.
LinkQantas to return two CIT A330s by end-2015 for MRTT conversionQantas Airways will return two Airbus A330-200 aircraft to CIT Aerospace by the end of the year, pending their conversion to multi-role tanker transports (MRTT) for the Royal Australian Air Force. The two airliners bear the registrations VH-EBH (MSN 892) and VH-EBI (MSN 898), says Australia’s Department of Defence (DoD). They will eventually be converted to KC-30As (the RAAF designation for the A330 MRTT) at Airbus Defence and Space’s Getafe, Spain facility, for delivery to the RAAF in 2018.
LinkUnited resumes service to flights temporarily grounded An issue with a router caused the grounding of United Airlines flights nationwide early Wednesday morning, the airline said, creating delays and long lines at airport terminals. The router problem “degraded network connectivity for various applications,” said Jennifer Dohm, United spokeswoman.
LinkUnited rolls out amenity kits from Cowshed SpaUnited Airlines is teaming up with Soho House & Co. to deliver Cowshed Spa amenity kits to its Business and First Class customers. The new kits will appear on United's international flights beginning Aug. 1. The kits will include moisturizer and Cowshed revitalizing products as well as socks, an eye mask, tissues, and more. "This is another step in enhancing our customers' experience in flight and on the ground," said United Senior Vice President and Chief Marketing Officer Tim O'Toole.
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