New that Ryanair’s Michael O’Leary may be considering Cyprus as a Middle East with an expected acquisition of Cyprus Airways has Europe airlines buzzing. The top low cost player, may take a bite out of territories of AirAsia, Air Berlin, and even Air India Express.
Airlines
BOC Aviation Orders $8.8 Billion of Boeing Planes
Boeing has just announced an order from BOC Aviation worth $8.8 billion. According to the news, BOC is to get 50 737 MAX 8s, 30 Next-Generation 737-800s and two 777-300ERs (Extended Range) aircraft making it the largest order ever or the airline.
Ryanair Issues Ice Bucket Challenge to Industry
Ryanair, Europe’s leading budget airline, called out CEOs of IAG (Willie Walsh), Air France (Alexandre de Juniac), and Lufthansa (Carsten Spohr) to take the ice bucket challenge. Ryanair CEO Michael O’Leary literally overdid the ice bucket event in Dublin on Thursday, much to the delight of 200 employees of his airline.
Ryanair Partners with PayPal for Flier Ease
Ryanair has just launched a new payment partnership with PayPal that allows fliers and agents far greater booking and payment convenience.
Alitalia Expands Crete Flights – Gets Investment Boost
Alitalia has begin a three times per week service in between Rome Fiumicino (FCO) and the Crete holiday destination of Heraklion (HER). The route is to be a summer seasonal one flying only through 31 August.
Flybe Announces Still More Daily Routes for 2014
Regional airline Flybe has just announced a new daily route in between Manchester and Amsterdam. The new service from Schipol airport is set to beging October 26. The airline has announced one way fares in the range of £39.99.
Air Malta Adjusts to New European Regs
Air Malta has become the first Maltese carrier to have successfully completed the transition to the new European regulations adopting the Safety Management System (SMS). The airline also announced new management today.
LOT Polish Airlines Offers Huge Discounts for Flights to Europe
LOT Polish Airlines has a crazy summer sale, with special discounts on flights from its Chicago and Toronto gateways to Poland and beyond.
EU Sanctions On Russia Provoke Airline Economics War
This morning business daily Vedomosti has reported, Russia may begin restricting European airlines from flying over Siberia on Asian routes. The move, if enacted, would imposed crippling costs on some European carriers. To make matters worse, the underlying business infrastructure of all countries will certainly be negatively affected.
Fly.com Urges Travelers to Book Labor Day Flights Now
Travelers who book Labor Day weekend flights after August 9, 2014, could pay 30% or more on air fare, Fly.com said in a press release on Monday.
Zacks Equity Research Discusses JetBlue & Others’ Revenue
On Friday, Zacks Equity Research released their latest airline industry analysis, which included news from JetBlue Airways Corp., Delta, Southwest Airlines Co., and American Airlines Group Inc.
IAG Turns Tidy Profit Q2 of 2014
IAG, the parent company of British Airways, reports a 6th months operating profit from subsidiaries Iberia and Vueling of in excess of €230 million, compared with a loss of €33 million in the same period last year.