Air Canada Inc. narrowed its quarterly operating loss as higher passenger revenue helped offset a big rise in fuel costs, sending its shares up around 4 per cent.
06 May, 2011
Air Canada cuts operating loss
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
Qatar Airways negotiates mega Airbus order!
Qatar Airways is in advanced negotiations to place a giant order for 60 airliners built by the European firm Airbus, the Les Echos newspaper reported on Friday.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
Pinnacle Airlines records $3M loss
Pinnacle Airlines Corp.’s first quarter profits suffered from winter conditions paired with the moving cost of a subsidiary acquired in 2010.
The Memphis-based regional airline holding company reported a net loss of $3 million in first quarter 2011, down from net income of $1.7 million in the same year-ago quarter.
Pinnacle’s loss per share was 16 cents in the quarter compared to a profit of 9 cents in first quarter 2010.
Pinnacle (NASDAQ: PNCL) incurred $5.8 million in integration, severance and contract implementation costs in the quarter due to moving Mesaba Aviation Inc.’s headquarters from Minneapolis to Memphis, among other factors.
“Winter storms throughout our system affected our operations during the first quarter, causing cancellations and delays for our customers,” Don Breeding, the company’s interim CEO, said. “We also began moving forward with our integration plans during the quarter, which will ultimately lead to an operationally and financially stronger company for our customers, employees and shareholders.”
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
Ryanair to earn £1.25bn from extra ‘delay’ charge.
Ryanair’s latest additional charge – a £2 fee that it says will go towards compensation it has paid for flight delays and cancellations – could earn it up to £150 million in a year. That is nearly twice what the airline says it has paid out – almost £88 million – as a result of claims made following disruption caused by the volcanic ash cloud, heavy snow and a series of French and Spanish strikes.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
Flybe shares dive as airline issues profits warning - Telegraph
Flybe blamed the failure to hit its forecast on a recent slowdown in consumer spending on air travel and high oil prices Photo: PA
Shares in Britain's biggest domestic airline dropped 57½ to 172½p on Thursday after it said it now expected full-year profits for the 12 months to March of £22m, some £2m short of analyst expectations.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
IAG posts slim profit.
International Airlines Group, recently formed from the merger of British Airways and Spanish carrier Iberia, announced a first-quarter net profit on Friday of 33 million euros (£29.3 million).
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
05 May, 2011
Russian Tupolev Out Of Control Test Flight
A TERRIFYING mid-air mishap has been caught on camera. Videos posted on YouTube by witnesses show a plane lurching wildly out of control in the skies close to Moscow.
The Tupolev plane, used by defence forces, is seen twisting from side to side uncontrollably before pilots manage to land it safely at a military aerodrome outside Moscow.
Luckily no passengers were onboard at the time, and Russian military prosecutors have launched an investigation into the incident.
"The military prosecutors have launched a probe which should establish the reasons for the mid-air incident that almost led to an aviation disaster,'' a spokesman for the chief military prosecutor's office told the RIA Novosti news agency.
The Tu-154 plane, dating back to the 1960s, was dubbed the "dancing plane'' by bloggers.
The spokesman for the chief military prosecutor's office told RIA Novosti that the plane's steering system had malfunctioned and praised the pilots for managing to land safely in a built-up area.
"During a test flight, the steering system broke down on the TU-154B-2 plane belonging to the Defence Ministry's 800th air base,'' the spokesman said.
"Thanks to the great professionalism and supreme skill of the pilots, the crew managed to land on the second attempt at Chkalovsk aerodrome, avoiding casualties among the airforce and the local population.''
The video posted on April 30, which has been watched more than 380,000 times, says that the plane was being flown for the first time after a 10-year break.
The ageing Tupolev 154 planes, first flown in 1968 and used by Aeroflot until 2009, have been involved in a number of air accidents in recent years.
The aircraft's last major fatal crash was on April last year, when a Tu-154 carrying Polish president Lech Kaczynski and other top officials came down in fog near the Russian city of Smolensk.
In September a Tu-154 plane made a miraculous emergency landing on a derelict airstrip in the remote Komi region after its electrical systems failed midflight
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
04 May, 2011
Boeing marketer also promises fall 787 delivery
Boeing will deliver its first 787 jet in third-quarter 2011 and roll out two of the long-delayed new planes each month after that, a company executive said Tuesday in the Chilean capital. Latin America is an important market for Boeing, with 11,000 company jets flying in the region and requests pending for 3,400 more. Chile in particular is a hot spot, as Chilean airline LAN merges with Brazil's TAM airline to become the region's dominant carrier. The merged company, LATAM, has ordered 26 of the big new 787s, which are the company's biggest, said Boeing's Vice President for Marketing Randy Tinseth. Boeing's manufacturing delays have caused difficulties for the world's biggest airlines, Tinseth acknowledged, but he said the deliveries should help the aircraft maker's credibility recover. In all, Boeing has received 835 requests from 56 companies for its 787s, he said. Boeing also is coming out with new 747s for cargo and passenger travel this year, he said.
HeraldNet.com -
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
American Airlines tests in-flight streaming video
American Airlines is testing technology that lets passengers watch streaming video of movies and TV shows on their own Internet-capable devices. The airline said Tuesday that it's testing the service on two Boeing 767 aircraft used on cross-country trips. Customer testing will begin early this summer. American will then offer the service more broadly starting this fall.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
WestJet's profits soar!
A steady demand to fly, despite fare hikes designed to offset rising fuel prices, helped send WestJet's profits for the first three months of the year soaring.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
Air India cancels 221 flights -
As many as 221 Air India flights on the domestic operations were cancelled, as the strike by nearly half of the carrier's 1,600 pilots entered the eighth day on Wednesday, with operations restricted to the trunk routes between metros.
But the Air India management said some 100-odd flights of sister budget carrier Alliance Air had been deployed to ferry passengers as no reconciliation was in sight between the management and the striking pilots, co-opted from the erstwhile Indian Airlines .
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
American Airlines flight makes emergency landing
A American Airlines Boeing 777 made an emergency landing at Moncton International Airport at 2:44 p.m. Tuesday.
Emergency crews were on the scene as an American Airlines flight, en route from London’s Heathrow Airport to Chicago O’Hare, reported an electrical smell inside the cockpit.
All 150 passengers and on board were safe.
Passengers remained on the plane while the cause of the problem was determined, said to be a battery issue.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
Virgin Blue renamed Virgin Australia
Richard Branson (R) and Virgin Australia CEO, John Borghetti (L) arrive on the new airline's Airbus A330-200 at Sydney Airport. Photo: AFP
Richard Branson has finally unveiled one of the worst-kept secrets in Australian aviation.
The English entrepreneur and publicity seeker jetted into Sydney this morning aboard an aircraft emblazoned with the new name of Australia’s second-largest airline.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
American Airlines criticised for 'Face of Your Base' beauty contest
American Airlines has been criticised for holding a 'ridiculous beauty contest' in its search for the best-looking flight attendants.
The airline launched a competition to find attractive male and female crew members to appear as models in a photo-shoot for the airline, reports the UK’s Daily Mail.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
Second black box may finally unlock secrets of Air France crash
The cockpit voice recorder from an Air France airliner that crashed into the Atlantic two years ago was found yesterday. The jet's flight data recorder was recovered on Sunday.
A robot submarine, operating more than two miles below the surface, recovered the devices from flight AF447 flying from Rio de Janeiro to Paris, which crashed on 1 June 2009 killing all 228 passengers and crew.
Editor in Chief.
Jason's many years within the media and aviation industries have seen him working for airlines, tour operators, travel agents, radio stations, magazines and media consultancy operations. He loves to travel, often more for the journey than arriving at the destination. Strolling along a beach at dusk, red wine, reading and cheesecake are some of his favourite things.
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