Cathay Pacific’s chief executive officer Rupert Hogg and chief commercial officer Paul Loo are to step down as the Hong Kong-based carrier struggles with fallout from nearly four months of political protests. Cathay said last week that protests affected its passenger numbers last month and were continuing to “adversely impact” future bookings. “Recent events have
Boeing has delivered the first of eight 787-10 Dreamliner airplanes to Vietnam Airlines via lease from Air Lease Corporation. The Vietnamese flag carrier plans to put the 787-10 – the most fuel-efficient twin-aisle airplane in the industry – on the busiest routes in its expanding network. The new 787-10 will complement Vietnam Airlines’ existing fleet
With Ryanair cabin crew unions in Britain, Ireland and Portugal having already announced plans to strike over the coming weeks, Spanish workers’ unions, SITCPLA and USO, are backing cabin crews’ intentions to hold ten days of strikes on September 1, 2, 6, 8, 13, 15, 20, 22, 27 and 28, unless Ryanair makes suitable concessions
European tourism group TUI has reported a 46% decline in underlying quarterly earnings which it predominantly puts down to the grounding of Boeing’s 737 MAX jet. 10% of the group’s fleet of planes (15 in number) are 737 MAXs, while a further eight of these planes are currently on order, but until the grounding order
Delta Air Lines (Delta) will move all its Tokyo-bound flights from Tokyo’s Narita Airport to the city’s closer and more convenient airport, Haneda, in March 2020. Subsequent to the move, the airline will become the largest U.S. carrier serving Japan’s capital city, with seven daily flights between Haneda and Seattle, Detroit, Atlanta, Honolulu, Minneapolis, Los
MRO service provider SR Technics has entered into an exclusive CFM56-5B engine maintenance deal with Pegasus Airlines, the second largest carrier in Turkey. With services scheduled to begin in September of this year, the agreement covers 22 engine shop visits and a SR Technics lease engine dedicated to Pegasus Airlines over a six-year contract term.
The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 4.8% in June 2019, compared to the same period in 2018. This marks the eighth consecutive month of year-on-year decline in freight volumes.Signs of a modest recovery in recent months
Rolls-Royce has managed to reduce the engine-maker’s half-year losses but is still struggling with ongoing woes concerning its troubled Trent 1000 engine. The Group reported statutory interim pre-tax losses of £791 million against £1.2 billion a year ago. On an underlying basis, half-year profits rose 16% to £94 million for the six months to June
Roughly 250 flights had to be canceled at Hong Kong International Airport this Monday as air traffic controllers en masse called in sick, joining the ranks of some 20 other business sectors that are protesting against an unpopular extradition bill. The bill has currently been shelved, but protesters are demanding its full withdrawal. Though first
While British Airways, whose main hub is London Heathrow Airport, is fighting to stave off an impending pilots’ strike, the carrier has been hit by impending strike action by Unite, the trade union representing security officers, firefighters and engineers at London Heathrow Airport. Approximately 2,500 workers will miss their shifts during strike action due to
