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.
Airlines
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.
Virgin America Files a Registration Statement as it Prepares for IPO
After reducing its long-term debt last year by 13% last year, Virgin America continues with other strategical moves to keep its air-fleet flying. The company filed yesterday registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The official announcement however fails to specify a date, price […]
Ryanair Catering to Families This Summer
In news from low cost airline leader Ryanair, the carrier will be introducing a new “family-friendly” service at a special event in London. Discounted charges for various services by the airline were just announced via Travel Mole.
Airberlin May Passengers Up
For May 2014, airberlin ferried a total of 2,971,840 passengers to destinations worldwide. The increase, of +0.5 percent over the same period of 2013, represented equaled a high capacity utilization rate of 79.5 percent. Seat miles/kilometers increased, as did other comparative figures.
European Coastal Airlines to Serve up Croatian Islands
Croatia has a new airline connectivity service, European Coastal Airlines is starting the first ever hydroplane service in the country. Destined to connect summer beach goers with the country’s wonderful Adriatic destinations, the German-Malaysian owned carrier also announcer online bookings.
Are Ryanair Passengers Up On “Selfie” Appraisal?
Low cost champion Ryanair announced recently traffic growth by some 400,000 passengers totaling almost 8 million in April. The figures relate growth based on this year’s Easter travel, according to the airline up by 5% year on year. Lower prices, improved customer service, and added services like allocated seating were said to be major reasons […]
Aegean Airlines Reports Passengers Up 26% for April
Total passenger traffic for AEGEAN and Olympic Air was up by 26% for April 2014, climbing to 751,347 passengers, 153,443 more than the total for both companies during the same period in 2013.In April, AEGEAN and Olympic Air operated 7.933 flights improving the load factor by 9 units, reaching 76%.
Delta Air Lines Expands Europe Flights
Delta Air Lines has just announced their expansion of daily service from JFK in New York to Zurich, Rome, Paris, and Amsterdam.
Frontier Airlines Tacks on Carry On Charges
Low cost air carrier Frontier Airlines has cut everything to the bone to provide the lowest possible fares, now the El Cheapo airline has to charge passengers for carry on luggage. As of yesterday all flyers with Frontier will have to spot the carrier a fee of a minumum of $25 bucks for overhead carry-on luggage.