The IAG Group has released its latest numbers, and all is going well it seems, making profits of £410 million. £190m in 2010, with revenues up 10.4 per cent. Pre-tax profit was up from £70m in 2010, to £426m However, with all these good numbers, there is a heck of a sting in the tail. And that's in the form of the Air Passenger Duty collected, which comes in at a whopping … [Read more...]
Emirates introduce a varible fuel surcharge
It seems even the darling of the Middle Eastern airlines - Emirates - is suffering with the current round of fuel prices and is to institute fuel surcharges on its flights The airline will be introducing the surcharge for all tickets issued from 1st March 2012. Of course, like any surcharge it's comparatively confusing depending on you're going and the class you're … [Read more...]
O’Leary on the 737-MAX… APD and “Boris Island”
The shy and retiring CEO of Ryanair Michael O'Leary has looked at the new 737-MAX project. And his words on it could be worrying for Boeing with the amount of planes Ryanair has ordered in the past. Talks are ongoing, but the shy CEO stated that re-engineered plane is a "dog's dinner of a design", and that it had been drawn "on the back of a fag packet as a response to the … [Read more...]
Kingfisher: Vijay Mallya – It’ll be fine… honest….
It's time to turn back to the soap opera that is Kingfisher Airlines, with Vijay Mallya telling employees on Monday that he hopes to conclude negotiations by next week with groups who could provide much-needed new funding the airline according to the Times of India Vijay also calls the attacks on the media "unscrupulous" and "sensationalist." Sorry Vijay, when I see a … [Read more...]
Korean Air to upgrade Seoul ICN to Frankfurt… to A380 operations
Korean Air has decided to deploy an A380 to Frankfurt in a move that has surprised some (as London was on the cards). It seems the money in Frankfurt and trade links are more important than a city name... and people who will pay and fill those business class seats - so business sense rather than pride. (although Korean Air has expanded its route to London recently - even … [Read more...]
Air Zimbabwe suspends flights
Well it had to happen sooner or later with aircraft groundings, lease repossessions and everything else, but Air Zimbabwe has had to suspend services. The airline failed to secure a rescue plan, according to the AFP. With one aircraft impounded in London last year, South African flights were suspended in case other aircraft were to be repossessed. The Airline which was … [Read more...]
Delta waves goodbye to Gatwick, boosts frequencies to Heathrow
It seems that Delta is finally turning its full attention to Heathrow, with the announcement of a second daily flight from London Heathrow to Atlanta, but at a price for Gatwick, which looses its last Delta service (also serving Atlanta) Since Delta has had access to London Heathrow, services have moved over at a pace with New York-JFK services moving completely over first, … [Read more...]
Cebu Pacific edges closer to Long Haul operations
There was a fair bit of feedback last time when I mentioned that Cebu Pacific was edging closer to beginning long haul operations. Well it seems those plans are now well apace with Cebu Pacific agreeing an operating least deal with CIT Aerospace for four new Airbus A330-300's. On current schedule, the aircraft will be delivered between 2013 and 2014 and be powered with … [Read more...]
Flybe upgrades Glasgow to Birmingham with an E-195
Flybe has seen there could be money in the Glasgow - Birmingham run, and have decided to increase capacity on the route by switching to Embraer E-195 aircraft Flybe's E-195's are configured in a standard 2-2 seating configuration, with 118 seats installed on the planes (and they're not that bad to be honest, if FlyBe are heavy on the sales on the plane...) This will … [Read more...]
Heathrow Express Strike Action ahead
To quote a term "Here we go again". The RMT has called out the Heathrow Express train route workers on strike over the sacking of a driver. Six days of action are planned with maddening time points have been announced: 12:15 on Sunday February 26 to 12:14 on Monday February 27 12:15 on Sunday March 11 to 12:14 Monday March 12 Additional action by not working … [Read more...]
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