Boeing Co. and Airbus SAS leave the Dubai Air Show with diverging prospects for their order momentum, with the Boeing 777X set to be a global hit while the Airbus A380 risks becoming a niche jet for Mideast carriers.
Emirates, the Gulf carrier said to be planning the biggest-ever jet deal at next week’s Dubai air show, boosted first-half profit 4 percent after adding 10 wide- body planes from its existing order book.
At a Rome campaign rally before Italy’s national elections in 2008, Silvio Berlusconi told cheering supporters that a group of national entrepreneurs was willing to save Alitalia SpA “for the love of their country.”
Etihad Airways won Indian government backing to invest in Jet Airways (India) Ltd., paving the way for the first share sale by a carrier in the Asian country to a foreign airline since restrictions were eased.
American Airlines parent AMR Corp. filed for bankruptcy after failing to secure cost-cutting labor agreements and sitting out a round of mergers that dropped it from the world’s largest airline to No. 3 in the U.S.
July 5 (Bloomberg) -- John Strickland, director of JLS Consulting, talks about the outlook for the airline industry. He speaks with Manus Cranny on Bloomberg Television's "Last Word." (Source: Bloomberg)
British Airways parent International Consolidated Airlines Group SA plans to cut jobs at Spanish arm Iberia as part of a revamp to be unveiled next month after the Madrid-based unit pushed the company to a second-quarter loss.
British Airways Plc said passenger traffic fell 2.6 percent last month as it raised ticket prices at the expense of volumes. Analysts said demand was probably also hurt by concern about disruption from cabin-crew strikes.