Airlines Financial News

15.11 / 04:23
Airlines Boeing Coronavirus pandemic show track travelers International Dubai International Airport, world's busiest, on track to beat 2019 pre-pandemic passenger figures
Dubai International Airport this year will eclipse the pre-pandemic passenger figures in 2019, showing the strong rebound in travel after the coronavirus pandemic and lockdowns that grounded aircraft worldwide, a top official said Wednesday. The airport, the world's busiest for international travel and home of the long-haul carrier Emirates, has had 64.5 million passengers pass through its cavernous concourses through the third quarter of this year. That puts it on track to reach 86.8 million passengers for the full year, which would exceed its 2019 figure of 86.3 million passengers.
15.11 / 00:17
Fighting Airlines economy social reports Department shock October inflation breakdown: Where are prices still rising the fastest?
Piper Sandler Chief Global Economist Nancy Lazar details her economic expectations for the second half of the fiscal year on ‘Mornings with Maria.’
14.11 / 17:19
BLOCK Airlines prevention Netherlands shelves plan to cut Schiphol flights
Dutch government said Tuesday it was temporarily shelving plans to cut flights at Amsterdam's Schiphol Airport, one of Europe's busiest hubs, admitting it was a «bitter pill for the environment.» The proposals to trim the number of Schiphol flights from 500,000 to 460,000 from next year faced too many legal headwinds, Infrastructure Minister Mark Harbers said in a letter to parliament. A Dutch court blocked the plans in April and the European Commission, the United States, and Canada have also raised concerns, Harbers said. «The government knows that suspending (the plans) is a bitter pill for the environment… I stress that the government is committed to striking a balance between Schiphol and its surroundings,» the letter concluded. Schiphol airport authorities said they were «disappointed» with the decision, «as local residents are getting the short end of the stick.» «It is time that hindrance for local residents is noticeably reduced,» airport authorities said in a statement. But airlines rejoiced. Dutch flag carrier KLM said the decision was «an important step to prevent retaliation and to continue flying to the US.» Marnix Fruitema, head of the BARIN association of Dutch airlines, was quoted by local agency ANP as saying: «We are delighted that the minister has come to his sense in time.» The government said KLM had agreed to a series of measures that would come into force from March. According to the minister, KLM had agreed to use its quietest aircraft at night and to avoid running passenger services between midnight and 6am.
14.11 / 16:03
Citi CEO Airlines Latin reports 2024 Brazil's Azul lowers 2023 earnings forecast but sees better 2024
SAO PAULO (Reuters) — Brazilian airline Azul on Tuesday reduced its forecast for core earnings this year due to slower capacity growth and higher jet fuel price volatility but raised its view on 2024, lifting its Sao Paulo-traded shares.
14.11 / 15:58
Aviat Manufacturing Airlines Boeing President show travelers Long-haul carrier Emirates signals it will hold off on major Airbus purchase over engine worries
Long-haul carrier Emirates has signaled it will hold off on a major purchase of Airbus A350 aircraft over concerns about their Rolls Royce engines, marking a major blow for the European manufacturer as it hopes to close the sale during the Dubai Air Show
14.11 / 15:57
Aviat Airlines Boeing Coronavirus pandemic show travelers Long-haul carrier Emirates announces $52 billion aircraft buy from Boeing as Dubai Air Show opens
Long-haul carrier Emirates says it will buy Boeing Co. aircraft in a deal worth $52 billion
14.11 / 10:19
BLOCK Citizens Aviat Airlines pandemic evacuation King says decision to block Qatar flights wasn’t to protect Qantas
Transport Minister Catherine King says her decision to block Qatar Airways expanding its services into Australia’s four biggest airports was not to protect Qantas, despite earlier claims she had done so to save local aviation jobs and to assist the national carrier’s recovery from the pandemic.
14.11 / 09:17
Reuters Airlines Boeing show performer reports Dubai's Emirates Airline calls off deal to buy Airbus A350 until Rolls Royce's engine is fixed
Trent XWB-97 engine. "It's a perfectly fine engine operated by many customers around the world. Tim does not operate it," he said while announcing an order from Egyptair for 10 smaller A350-900s.
14.11 / 04:31
Aviat Airlines Southern President country travelers El Salvador slaps $1,130 fee on Indian travelers amid US pressure to curb migration
El Salvador has introduced a $1,130 fee on travelers from 57 countries, including India, passing through its main airport. This measure, enforced since the end of October, has drawn attention due to its timing amid increasing pressure from the United States to manage migration flows heading towards its southern border. El Salvador's aviation authority has labeled the fee as an «airport improvement fee,» but the motive behind it remains unclear. Notably, the US has been urging Central American nations to take steps to control the flow of migrants reaching its border with Mexico. While El Salvador has not explicitly linked the fee to migration control, the country has acknowledged a rise in travelers from the specified nations this year. Most affected passengers are destined for Nicaragua, primarily on Avianca, a commercial airline. Nicaragua, with its lenient visa requirements, serves as a transit point for migrants from Haiti, Cuba, and Africa, aiming to reach the US. Earlier this year, an unexpected increase in migrants from Mauritania arriving at the US southern border puzzled officials. Investigations revealed travel agencies and social media influencers promoting routes through Morocco, Spain, and El Salvador before reaching Nicaragua. El Salvador's aviation authority and immigration agency lack specific data on the number of migrants from the listed countries transiting the country in 2023. The US embassy has not confirmed if it played a role in requesting the fee.
13.11 / 19:37
Citi Airlines show stage rock MGM 2024 Tom Segura Reveals 'Come Together' Worldwide Comedy Tour for 2024; Check Dates
Tom Segura has unveiled the initial stage of his upcoming worldwide stand-up comedy tour, titled «Tom Segura: Come Together.» As disclosed by the comedian, the tour is set to commence on December 30, 2023, in Honolulu, Hawaii, and will culminate on June 15, 2024, in Bangor. Segura during an interview said that this tour is bigger and blacker than any other tours he did. Adding more, the comedian said that the name has been taken, but 'Come Together' effectively conveys the message. The comedian also said that let's unite for an unforgettable night. Segura further said that in one way or another, we're bound to create lasting memories with this event. Currently, the comedian and podcaster is completing the last leg of his recent global tour, "I'm Coming Everywhere."
13.11 / 19:21
Target Aviat CEO Airlines Remark audience travelers Lucid agrees to collaboration with Riyadh Air
Lucid Motors (NASDAQ:LCID) attended the Dubai Airshow where the electric automaker signed a memorandum of understanding (MOU) with Riyadh Air, combining their shared vision of sustainable transportation.
13.11 / 16:39
Citi Airlines shootings Inside 2020 reports safe How India's enemies met their fate in 'safe havens'
Pakistan are Laskhar-e-Taiba chief Hafeez Saeed's deputy and Jamaat-ud-Dawa leader Abdul Salam Bhuttavi, Canada-based Hardeep Singh Nijjar, the chief of the banned Khalistan Tiger Force (KTF), close aide of Jaish-e-Mohammad (JeM) chief Masood Azhar, Shahid Latif, and his brother Haris Hashim. While the government was battling for these wanted terrorists but their killings has led to accusations against the Indian government by Pakistan and Canada. The fresh controversy erupted after Nijjar was killed in Canada by two masked men in Canand outside a Gurudwara. Following Nijjar's murder a massive diplomatic row erupted between India and Canada.
13.11 / 15:46
Citi Reuters Airlines Nov reports NOT United Airlines to not resume flights to Israel on Nov 24: Spokesperson
United Airlines will not restart flights to Tel Aviv, Israel from Newark, New Jersey on Nov. 24, its spokesperson said on Monday, apologizing for the news on resumption of service, which it attributed to an error by its public relations agency. Several media organizations, including Reuters, had earlier reported the service restart based on the statement from the airline's PR agency.
13.11 / 14:53
Citi Airlines Nov NOT United Airlines to not resume flights to Israel on Nov 24 - spokesperson
(Reuters) -United Airlines will not restart flights to Tel Aviv, Israel from Newark, New Jersey on Nov. 24, its spokesperson said on Monday, apologizing for the news on resumption of service, which it attributed to an error by its public relations agency.
13.11 / 10:25
FIVE Aviat CEO Airlines Boeing place Emirates and flyDubai place Dubai Airshow jet orders
DUBAI (Reuters) -Dubai's Emirates placed an order for 90 more Boeing (NYSE:BA) 777X jets at the opening of the Dubai Airshow on Monday, including both variants of the future long-haul jet.
13.11 / 07:43
IPO Target Action Airlines Enterprise Bill Virgin faces strikes ahead of Christmas and IPO
The Transport Workers Union has ratcheted up pressure on Virgin Australia over pay agreements as the airline resumes plans to re-list, with another group of workers raising the prospect of strikes before Christmas.
13.11 / 03:23
Reuters Aviat Airlines Boeing President reports travelers freeze China weighs ending freeze on Boeing purchases with 737 Max deal in US -Bloomberg News
(Reuters) -China is considering resuming purchases of Boeing (NYSE:BA)'s 737 Max aircraft when the U.S. and Chinese presidents meet this week at the APEC summit, Bloomberg News reported on Sunday, citing people familiar with the matter.
13.11 / 02:24
Aviat Airlines Boeing pandemic President show Turkish Air order splash pushes Dubai show into record territory
Dubai has long lived by the adage that more is more, and this year's edition of the biennial air show stands to fulfill that principle. Emirates, already the world's largest international airline, is poised to kick off the first day of the event with a major aircraft order to renew its widebody fleet. President Tim Clark has publicly declared that he's in the market for more than 100 planes, possibly buying from both Airbus SE and Boeing Co. Now Turkish Airlines is muscling into the event, planning to one-up the local champion with a giant order for about 350 aircraft, according to people familiar with the negotiations.
12.11 / 10:13
Provident Airlines Healthcare pandemic Lexicon hospital patient Hopes hinge on better margins for pharma & higher volumes for healthcare in ‘Samvat 2080’
In the lexicon of the Indian bourses ‘Samvat 2080’ is more than the traditional Hindu accounting year beginning today. As always, there is a renewed air of anticipation as the bourses herald the new Samvat with their decades-old practice of  Muhurat (auspicious hour) trading. Post the pandemic, while the businesses have rebound with airlines, hotel-chains, cab-hire outfits getting busy, hospitals are also seeing increased footfalls with patients preferring a physical meet with the physicians than over a zoom call and other health  needs that took a back seat during the pandemic getting priority. What then is the outlook for the pharmaceutical industry and the healthcare providers.
11.11 / 19:17
FIVE Airlines Turkish Airlines talks to Airbus about ordering 355 new jets
ANKARA (Reuters) — Turkish Airlines (THY) on Saturday held talks with Airbus to discuss a potential order of 355 new aircraft, the state-run Anadolu news agency said.

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