NewsLufthansa pilot union calls for ninth strike Monday and TuesdayLufthansa pilot union Vereinigung Cockpit (VC) has called for its ninth strike action Monday and Tuesday in a series of ongoing protests over transition payments for early retirees, VC said. Initially, short- and medium-haul flights from all airports in Germany will be affected.
LinkRyanair shareholders approve Boeing 737 MAX orderRyanair’s shareholders have voted to approve the low cost carrier’s plan to order 100 737 MAXs, plus 100 options, valued at around $22 billion at list prices.
LinkAir Ticket Fraud Sweep Nets 118 ArrestsMore than 100 people were arrested worldwide this week after an investigation spanning 45 countries into the use of stolen credit cards to buy plane tickets, European police agency Europol said on Friday.
LinkMalaysia Airlines Posts Wider Q3 LossMalaysia Airlines has reported its worst quarterly loss since late 2011, as passenger numbers and yields dropped further after the loss of two aircraft this year.
In a stock exchange submission, MAS said its third-quarter net loss widened to MYR576.1 million ringgit (USD$170.39 million) from MYR375.4 million ringgit a year earlier. This is the worst quarterly loss for the airline since October-December 2011.
LinkQantas, JAL Inject Funds Into Jetstar JapanQantas and Japan Airlines will inject AUD$114 million (USD$97 million) into Jetstar Japan to support its growth as it prepares to start international flights next year.
LinkAsia-Pacific Airlines Delay Fuel HedgingAirlines in the Asia-Pacific region are holding off from hedging their fuel costs as they wait for oil to dip below USD$70 a barrel.
The benchmark Brent crude oil price fell more than USD$6 to under USD$72 a barrel on Thursday, its lowest since July 2010, after OPEC opted against cutting production even though a supply glut is pulling down prices.
LinkRed Bull Air Race Schedule For 2015 AnnouncedThe 2015 Red Bull Air Race World Championship will feature two new stops in Japan and Russia, organizers announced this week. Red Bull will hold eight races and start its tour on Feb. 13 in Abu Dhabi, where the series launched its 2014 season. New venues will be in Chiba, Japan, May 16-17 and Sochi, Russia, May 30-31. From there, the tour will race in Hungary, Great Britain and Austria before arriving in the U.S. for two stops, Fort Worth in September and Las Vegas in October.
LinkSupersonic Airliner On Drawing BoardCNN Money says Lockheed Martin and Boeing are working on a supersonic airliner designed to fly legally over land. The report says the aircraft will carry 88 passengers at Mach 1.6, or about twice as fast as regular jet airliners. That's a little slower than the Concorde, which last flew a little more than 11 years ago, and given the small cabin it would likely be an expensive trip. However, if the engineers can crack the sonic boom issue, the commercial potential for supersonic airliners might increase. The story gives a timeline of just eight years for that breakthrough.
LinkLarger Asia-Pacific Carriers Adjust Fleets To Address Capacity ConcernsHeadaches for the Asian giants include the rapid growth of low-cost carriers and their emergence in long-haul markets, an oversupply of capacity and a lingering cargo slump. There is evidence, however, that the outlook is improving for the Asian mainline carriers, as they catch a tailwind from favorable industry conditions and help themselves with rational capacity planning.
LinkCyber Monday Sneak Peek: Alaska's Biggest Sale of the Year Begins SundayThe sale kicks off Sunday at 4 p.m., at alaskaair.com. Follow along with our Cyber Monday countdown clock at alaskaair.com/cybermonday, and don't forget to tell the world where you're going using hashtag #iflyalaska on Twitter and Instagram.
LinkDassault Aviation buys back 8% of its own shares from Airbus GroupAirbus Group SAS and DASSAULT AVIATION have signed today an agreement whereby Dassault Aviation acquires a block of its own shares from Airbus and both companies cooperate to implement additional transactions by Airbus of Dassault Aviation shares in 2015 in the form of accelerated book-buildings subject to market conditions.
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