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aviation

Mar 11

 Cathay Pacific 2019 profits plunge, predicts coronavirus losses 1 / 2 Cathay Pacific warned

Cathay Pacific 2019 profits plunge, predicts coronavirus losses 1 / 2 Cathay Pacific warned

HONG KONG: Cathay Pacific on Wednesday said profits plunged in 2019 as it reeled from political unrest in Hong Kong, while it warned financial losses lay ahead owing to the spread of the coronavirus.
The flagship carrier was hammered throughout the second half of last year as violent"...

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Mar 09

ACI Reveals World’s Best Airports for Customer Experience

ACI Reveals World’s Best Airports for Customer Experience

Airports Council International (ACI) World has today revealed the winners of its world-renowned Airport Service Quality Awards.

The awards recognize those airports around the world that deliver the best customer"...

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Mar 07

Lufthansa cancels Israel flights over virus restrictions

Lufthansa cancels Israel flights over virus restrictions

FRANKFURT AM MAIN — Airline giant Lufthansa said Thursday it was canceling all flights to Israel until March 28, after the Jewish state barred entry to almost all non-resident arrivals from five European nations including Germany over coronavirus fears.

'The Lufthansa"...

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Mar 03

Middle East carriers need government support to cope with coronavirus impact, Iata says

Middle East carriers need government support to cope with coronavirus impact, Iata says

Alandalus Property, a pioneering real estate company involved in the investment, development and operation of income-generating properties across Saudi Arabia, has registered a 35 per cent growth in its net profit for FY 2019 which surged to SR64.8 million ($17.2 million) from SR48 million"...

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Feb 27

SAS sees limited impact from coronavirus as Q1 loss widens

SAS sees limited impact from coronavirus as Q1 loss widens

STOCKHOLM — Scandinavian airline SAS said Wednesday its net loss widened in the first quarter and forecast that the economic impact from the novel coronavirus would be limited, while noting the outlook was 'uncertain'.

SAS said in a statement that it booked net"...

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Feb 26

Govt. Cuts Flights to Virus-Hit Nations, Halts Religious Trips

Govt. Cuts Flights to Virus-Hit Nations, Halts Religious Trips

The Cabinet on Tuesday decided to restrict travel to countries witnessing major coronavirus outbreaks and to order a halt to pilgrimage trips, Information Minister Manal Abdul Samad said.

Asked why flights to"...

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Feb 26

Bunk beds in Economy could be next big thing

Bunk beds in Economy could be next big thing

It’s possible, says Air New Zealand, which announced a new economy-cabin concept to be piloted on flights between New York and Auckland starting October. The new route is the first-ever nonstop between the two cities, taking roughly 16 to 18 hours.

Economy"...

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Feb 25

Lebanon reduces flights, blames Iran for coronavirus spread

Lebanon reduces flights, blames Iran for coronavirus spread

Lebanon has officially reduced the number of flights to and from coronavirus infected countries, after some blamed Iran for its first case of the virus.

Lebanese authorities confirmed the first case of coronavirus"...

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Feb 17

Lebanon's Middle East Airlines to refuse local currency for bookings

Lebanon's Middle East Airlines to refuse local currency for bookings

Lebanon’s Middle East Airlines and carriers operating in the country will only accept payments in dollars starting Monday, as the nation teeters on the brink of default.

The airline, 99% owned by Lebanon’s"...

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Feb 16

Airbus 'deeply regrets' US tariff hike from 10% to 15%

Airbus 'deeply regrets' US tariff hike from 10% to 15%

WASHINGTON — The United States is increasing tariffs on Airbus planes imported from Europe to 15 percent, authorities announced, in a move the aerospace giant said on Saturday was 'deeply' regrettable.

Friday's decision to hike tariffs from March 18 'further"...

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