Hundreds of Lufthansa flights may be delayed on Wednesday as Lufthansa’s pilots will be going on strike for 24 hours in support of a current pay dispute. The 24-hour action will start at 00:01 CET on Wednesday November 23, and will finish at 23:59 CET, affecting short- and long-haul Lufthansa flights. Other Lufthansa-group airlines such
Introduced in 2011, aviation taxes in Austria have become a burden for the Austrian aviation industry and are understood to have had a substantial negative impact on tourist numbers. This situation will now be partially rectified through two 25% reductions in these taxes in 2017 and 2018 respectively. Currently, passengers boarding a plane in Austria
Brazil’s competition authority, CADE, has given the go ahead for Qatar Airways to take a 10% stake in Latin America’s largest airline, LATAM, at an estimated value of US$600 million. However, CADE has certain misgivings about an investment from International Airlines Group (IAG) who owns LATAM oneworld partners British Airways and Iberia, which has caused
Having previously and openly avoided in investing in the volatile sector, Warren Buffet and Berkshire Hathaway have chosen to invest heavily in a number of airlines, including United Continental Holdings, American Airlines Group Inc. and Delta Air Lines. The investments were disclosed in filings with the Securities and Exchange Commission. The investments included the purchase
On November 14, Alaska Airlines Flight 4 made history when its Boeing737-800, with 163 passengers on board, flew from Seattle-Tacoma International Airport to Reagan National Airport in Washington, D.C. – the first ever commercial flight to use an alternative renewable jet fuel made from forest residuals. The fuel blend was 20% sustainable aviation biofuel which
With the opening of three automatic screening lanes at Chicago O’Hare airport, United Airlines becomes the first carrier to exclusively dedicate automated lanes to a TSA Precheck® security checkpoint in multiple US airports. These lanes at O’Hare will allow up to five passengers to fill bins simultaneously and move through the security checking process more
ViaSat Inc. has announced that it has acquired Arconics, an innovative provider of software solutions to the aviation industry. Through this acquisition ViaSat, a global broadband services and technology company, acquires further expertise, aviation-grade software and mobile applications to make flying safer and more efficient for pilots, cabin crews and flight operations teams. The Arconics
Air Berlin has posted a net loss of €45.6 million for its third quarter, 2016, blaming weak tourism demands. Earnings before interest and tax (EBIT), as well as restructuring costs, dropped 31% to €55.81 million. After factoring in restructuring costs, Air Berlin made a €17.3 million EBIT loss. Compared to the same quarter last year,
In 2015, U.S. authorities selected Stockholm’s Arlanda Airport in Sweden as one of ten foreign airports where U.S. border controls could be located. On November 4, an agreement to set up preclearance was signed in Stockholm by the US ambassador to Sweden, Azita Raji, and Sweden’s interior minister, Anders Ygerman. Preclearance is a system whereby
As Delta Air Lines (Delta) looks to acquire a 49% stake in Grupo Aeromexico SAB de CV (Aeromexico), the US Department of Transport (DOT) has given provisional agreement for the two carriers to set their own prices and coordinating schedules for their US-Mexico flights. This has all but paved the way for the two carriers
