AirlinesIcelandair lowers full-year guidance again; CEO resignsIcelandair president & CEO Björgólfur Jóhannsson resigned Aug. 27 as the group further lowered its EBITDA guidance for 2018 to $80-$100 million, down by about 50% since the beginning of the year.
LinkSpohr: Lufthansa Group largely responsible for travel disruptionLufthansa Group CEO Carsten Spohr said his company accepts “a large share” of responsibility for the disruptions in German air traffic this summer. “We have to admit that we have been working in 110% mode. The company is in overload,” he said at a Lufthansa event Aug. 27.
LinkChinese LCC Capital Airlines A320 damaged in emergency landingA Capital Airlines Airbus A320, en route from Beijing Capital Airport to Macau International Airport, lost its nose gear wheels and sustained severe engine damage in a landing attempt at Macau Aug. 28. The aircraft was then diverted to Shenzhen Airport where all 157 passengers and nine crewmembers were evacuated safely.
LinkJetBlue raises checked-bag fees as part of ancillary revenue pushNew, higher fees at JetBlue Airways for checked bags and other services signal the airline’s intent to lean more on ancillary revenues as part of a broader effort to boost margins.
LinkCalifornia Pacific Airlines to launch Carlsbad-based regional serviceCalifornia Pacific Airlines (CPA)—the Kennesaw, Georgia-based Part 121 operator and formerly known as Aerodynamics Inc. (ADI)—plans to launch nonstop service in several Western US markets from a base at McClellan–Palomar Airport in Carlsbad, California, starting Nov. 1.
LinkAir Astana reports strong 1H traffic on 8% capacity increaseAir Astana carried more than 2 million passengers in the 2018 first half, up 10% year-over-year (YOY), as revenue rose 17% compared to the same six-month period in 2017.
LinkSpiceJet operates India's first biofuel flightIndian low-cost carrier SpiceJet says it has operated the country's first flight using biofuel on 27 August. SpiceJet deployed a Bombardier Q400 on the Dehradun-Delhi route, which carried a blend of air turbine fuel (75%) and biofuel (25%).
LinkJet Airways seeks cash as it sinks to Rs13.2bn Q1 lossIndia's Jet Airways has flagged seeking a new equity infusion and monetising its loyalty programme after revealing a loss before tax of Rs13.2 billion ($198 million) for the quarter ended 30 June, reversing its profit before tax of Rs53.5 million from the previous corresponding period.
LinkWOW Air to start service to New Delhi, India in DecemberWow Air will launch its much anticipated flight service from the U.S. to Indira Gandhi International Airport (DEL) in New Delhi, India via Iceland beginning on December 5, 2018. To celebrate, Wow Air is offering one-way tickets to the Indian capital for $199*.
LinkKLM to delay the retirement of its Boeing 747-400 fleetKLM Royal Dutch Airlines currently operates a dozen Boeing 747-400 Jumbos. The carrier is due to receive seven new Airbus A350-900 aircraft from the Air France-KLM order for 25 of the type. The A350s and new Boeing 787-10 Dreamliners will replace the final 747s in the fleet.
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