On Friday 3 unions connected with Croatia Airlines (CA) said a general strike by the national air carrier’s employees will start tomorrow if demands are not met. According to the news the employees are just trying to get benefits of an agreement already struck last year in a collective bargaining agreement.
Europe airlines
SWISS Adds Singapore Flights
Swiss International Air Lines has just announced daily non-stops in between Zurich and Singapore beginning with Airbus A340-300 service out of Changi Airport today.
OAG Reports: European LCCs Growing Capacity 14X Faster Than Legacy Airlines
According to the most recent report from aviation intelligence leader OAG , llow cost carriers (LCCs) are now far outdistancing legacy air carriers in rise in seats. In Europe LCC seats increased by some 14% compared with 1% for traditional legacy carriers.
Fight Aboard Lufthansa Flight Forces Emergency Landing
A Lufthansa airliner had to make an emergency landing in Budapest earlier this week when a fight broke out between passengers on board.
Euros Left in the Vapor Trail: Plight of the Single European Sky
With 27 separate bits of airspace connecting European countries, is it any wonder the the old continent still seems fragmented and inefficient? Well, back in 1999 the European Commission launched a plan termed Single European Sky (SES), aimed at uniting all the airspace to fuel a more efficient air travel industry. The big question today it; “What happened to the plan?”
Will Montenegro Airlines’ Boss Get Sacked?
In news from Balkans.com, Montenegro Airlines’ CEO, Zoran Djurišić will reportedly be replaced at the end of May on account of the airlines recent heavy losses. Mr. Djurišić has been at the helm of the now beleaguered airline since its creation almost 20 years ago. The airline ended 2012 on a horrendous financial note losing some €23.5 million euro. Meanwhile Ryanair appears ready to take up Montenegro traffic slack if the airline staggers or folds.
El Cheapo Europe Flights Dominate Market
According to the Amadeus Air Traffic Travel Intelligence report recently released, budget flights in Europe and other regions are trending to dominate air travel. The report reveals low cost carriers taking up as much 14% of all air travel, while cheap flights in Europe account for 38% overall.
Korean Air Buys 44% Stake in Czech Airlines
Korean Air and Czech Airlines finalized the former’s buyout of 44% of the Czech carrier making the Korean airline their second largest stakeholder.
Turkish Airlines Connects Non-Stop to Houston Now
Turkish Airlines has announced their expansion in the United States with this week’s launch of its newest gateway in Houston, Texas.
Alitalia On Bad PR and Profits Course
Just when European airline Alitalia could least afford bad publicity, news from the US Department of Transportation (DOT) tells of a fine of $125,000 levied against the airline for deceiving two passengers about their compensation rights.
Europe Airlines and Economic Engines Lost
According to a report from the CAPA Center for Aviation, the 13 largest European airlines lost an aggregate net profit of some 72% last year. With costs growing faster than revenues (8.5% versus 8%) it seems clear some of these 13 will founder if things don’t change.
Belavia Increases Flights to Kyiv
Belarusian national airlines Belavia has announced they will increase the number of flights in between Minsk and Kyiv from 7 to 10 flights per beginning March 31.
Alitalia CEO Steps Down
Andrea Ragnetti, CEO of Alitalia, has stepped down according to confirmed reports from the air carrier. According to the news brief, Chairman Roberto Colaninno will serve during the interim while the board appoints Ragnetti’s successor.
Air Malta Offers Merry Christmas Deals
By way of saying “Merry Christmas”, Air Malta is offering all their customers 25% off flights. This week long sale is available to some 20 destination that the airline flies.
Ryanair: How to Fly Right Financially
One of the world’s most competitive budget airlines, Europe’s Ryanair, reported better than expected profits today. The Dublin-based airline which made a name for itself with cost cutting, is now a favorite with travelers needing to do the same. On the news, Ryanair said net profit April to September jumped some 10%, while sales increased […]