IATA global airline profit estimate jumps to $10 billion in 2023
The airline industry’s main lobby body is doubling its estimate for global net profit in 2023 as a surge in flying in North America and…
World’s longest direct flights to cost 20% more than stopover fares
Qantas is likely to extract a 20% premium from passengers on the world’s longest direct flights when it launches nonstop services connecting Sydney with New…
War of words that rocked US-Saudi rapport cools as oil steadies
The US and Saudi Arabia are looking beyond last year’s oil spat to focus on billions of dollars-worth of defense and aviation deals and potential…
Ukraine’s European neighbors set to extend grain import ban
Ukraine’s European neighbors are set to extend a ban on importing the country’s grain until mid-September, a move that risks fueling tensions between Kyiv and…
British Airways tells 35,000 staff their data was hacked
British Airways told its staff of around 35,000 that their personal information may have been compromised in a cyberattack on the airline’s payroll provider, in…
United Airlines calls Russian airspace a ‘risk’ that others embrace
United Airlines Holdings Inc. Chief Executive Officer Scott Kirby said flying over Russia constitutes a risk that many carriers including his own won’t take, while…
Malaysia seeks more narrowbody jets, sees delay on current order
Malaysia Airlines Bhd. is seeking to add at least 25 single-aisle aircraft and will look to discuss options with both Airbus SE and Boeing Co.,…
Qantas sees 6-month delay on long-range Airbus single-aisle
Qantas Airways Ltd. will receive its first Airbus SE A321XLR long-range single-aisle jet six months later than originally planned, a timeframe that’s better than the…
Airline executives herald revival they predict is here to stay
As aviation executives descended on Istanbul this week for the industry’s annual general meeting, the mood among the crowd was openly buoyant, with participants brushing…
What we know about India’s deadliest train crash in decades
India’s deadliest rail accident in nearly three decades has renewed focus on the safety issues that plague one of the world’s biggest railway networks.
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