India’s Kingfisher Airlines is attributing the grounding of 15 aircraft and de-leasing of another two to “rationalization” of its network to counter deep financial losses. “The airline industry in India is going through a tough period due to high costs and lower yields,” said Kingfisher Airlines CEO Sanjay Aggarwal. “We are no exception. We are taking steps to improve our financial performance and are rationalizing network, dropping unprofitable flights and expediting fleet reconfiguration.”
Malaysia Airlines
November 2, 2011 - 11:43am
Airports and airlines share common interests in making aviation safer, more secure, user-friendly, operationally efficient and environmentally responsible, so they need to renew their agenda to build their relationships, Tony Tyler, director-general of IATA, told attendees at Airports Council International’s (ACI) World Annual General Assembly in Marrakech, Morocco. He outlined six areas of
August 29, 2011 - 7:25am
Developments planned by Australia’s Qantas Airways and American Airlines demonstrate membership benefits for global alliance partners seeking to rationalize operations while improving competitiveness. The operators belong to Oneworld, whose members include British Airways (BA), Chile’s LAN, Iberia, and Japan Airlines (JAL), with Malaysia Airlines waiting in the wings.
August 27, 2011 - 7:10am
Singapore Technologies, better known for its MRO services as ST Aerospace, has delivered a finished DC-8 to an unidentified Middle East customer.
The design and engineering was done in-house, while the company’s U.S. facility in San Antonio built the interior components and did the installation. The U.S. division also handled engineering authorization and certification.
August 15, 2011 - 8:00am
Asian air transport rebel Tony Fernandes, chief executive of low-cost pioneer AirAsia, will soon join the industry establishment, assuming his planned acquisition of a 20.5-percent stake in failing flag carrier Malaysian Airline System (MAS) proceeds. Last week, his Tune Group agreed to become a significant minority shareholder in MAS in return for Malaysia’s sovereign wealth fund Khazanah Nasional taking a 10-percent holding in AirAsia.
July 1, 2011 - 4:25am
If start-ups are indicators of a healthy completion and refurbishment industry, there is cause for optimism in an industry that has been hard hit over the last several years. Recent months saw the creation of new centers, designers, vendors and consultancies as well as expansion by existing MRO facilities to include cabin outfitting.
April 15, 2011 - 10:45am
Neither the U.S. nor the European sides are giving an inch in the prolonged legal, political and public relations battles over allegedly illegal aerospace subsidies. The World Trade Organization’s March 31 ruling on Airbus’s complaint about alleged subsidies to Boeing has already prompted an indignant European Union to appeal on the grounds that it doesn’t sufficiently damn U.S. conduct. As of press time, the U.S.
March 25, 2011 - 10:00am
The African Airlines Association (AFRAA) has launched a three-year plan to realign activities with member carriers’ business imperatives. Developed by new AFRAA secretary-general Elijah Chingosho, the plan aims to transform the association into “a pulsating airline association” for Africa.
March 11, 2011 - 10:15am
The spike in global oil prices brought about in no small measure by the unrest in the Middle East has driven the price of jet-A above $3 a gallon, prompting airlines throughout the world to adjust their air fares in an effort to compensate. According to the Air Transport Association, $3 jet fuel would raise U.S. airlines’ 2011 fuel bill by some $15 billion. Last year’s fuel bill for U.S. airlines totaled $38.8 billion.
