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AirWise News

Everything But The Turbulence At Taipei Airline Diner
Imagine boarding a plane without security checks or even tickets and more importantly, there's more than just fish or chicken for dinner.
 
Entrepreneur Creates First Jumbo Jet Hostel
Many people hate the idea of having to sleep on a plane. But Swedish entrepreneur Oscar Dios thinks they can be persuaded otherwise and he has created a new kind of hostel to prove it.
 
Finnair Says Pilots Plan 5 Days Of Strikes
Finnair said on Friday its pilots had threatened to ground flights on five days in February to strengthen their demands in pay talks with the company.
 
BA Flight Makes Emergency Landing In Nigeria
A British Airways Boeing 777 bound for London with 155 passengers and 14 crew on board made an emergency landing in northern Nigeria on Saturday after smoke was detected in the cockpit, the airline said.
 
French State To Support Airbus Via Banks
The French state plans to inject EUR5 billion euros USD$6.5 billion into banks with the aim of financing aircraft purchases to help European plane maker Airbus, a French government source said on Sunday.
 
Asian Tourism Set For Rocky Ride In 2009
Across Asia -- hotels, airlines and tourism operators are bracing for another tough year as the financial crisis keeps long haul visitors at home, and regional travellers tighten purse-strings with shorter, budget trips.
 
BA Chief Casts Doubt On Iberia Merger - Report
The proposed merger between British Airways and Iberia appeared threatened on Saturday when the UK airline's chief executive Willie Walsh was quoted as saying the current market valuations were unacceptable, according to the Financial Times.
 
Lufthansa Cabin Crew Strike Has Limited Impact
Lufthansa has cancelled only two flights out of its main Frankfurt hub amid a three-hour warning strike by flight attendants, a company spokesman said on Friday.
 
EasyJet Sees Better First Half, Shares Rise
Britain's easyJet said on Thursday first-half revenues were likely to come in better than expected partly due to a rise in business passenger numbers, sending its shares higher.
 
Ryanair Concedes Defeat In Aer Lingus Bid
Ryanair walked away from its latest bid for rival airline Aer Lingus on Thursday after the Irish government dismissed it on competition and valuation grounds.
 
Lufthansa Flights To Be Hit By Cabin Crew Walkout
Lufthansa is facing a walkout on Friday after trade union UFO called on about 600 flight attendants in Frankfurt to stage a warning strike, the union said on Thursday.
 
Brazil, Chile, Israel Airlines Fixed Cargo Prices - USDOJ
LAN Cargo, Aerolinhas Brasileiras and EL AL Israel Airlines agreed to plead guilty to conspiring to fix air freight prices, the US Justice Department said on Thursday, and the companies will pay a total of criminal fines of USD$124.7 million.
 
Technical Glitch At Frankfurt Airport Hits Flights
A technical malfunction shut Frankfurt Airport for nearly an hour on Thursday, causing the cancellation of 75 flights as well as the re-routing of 25 inbound flights to other airports, authorities said.
 
Southwest Up On Revenue Outlook Despite Loss
Southwest Airlines reported a quarterly net loss on Thursday due to accounting charges related to its fuel hedges, but shares rallied more than 16 percent on a rosy per-seat revenue outlook and plans for capacity cuts.
 
Hainan Airlines Expects Loss For 2008
Hainan Airlines, China's fourth-largest carrier said on Friday it expected to report a loss for 2008 because of slumping traffic demand and higher fuel prices during much of the year.
 
Thai Air, Hurt By Airport Trouble, Seeks USD$974 Mln
Thai Airways said on Wednesday it was seeking nearly USD$1 billion in funding after the closure of airports by political protests last year added to problems caused by the global economic slowdown.
 
United Loss Widens On Volatile Fuel Prices
United Airlines parent UAL on Wednesday said its quarterly net loss widened on erosion in the value of its fuel hedges as oil prices dropped.
 
SAS Lends To Cash-Strapped Estonian Air
Scandinavian airline SAS has lent Estonian Air funds to help it meet operating costs, the company said on Wednesday, with media in the Baltic state putting the sum at EUR2 million euros USD$2.58 million.
 
EU Wants Airlines In Post-Kyoto Pact
The European Union will call next week for airlines to be included in a planned successor to the Kyoto pact, together with major worldwide investment to tackle climate change, a draft document shows.
 
Continental Sees Q4 Charges, Hedge Loss
Continental Airlines said on Wednesday fourth-quarter earnings would be cut by pilot pension payouts and a big loss on fuel hedging contracts with a bankrupt counter-party.
 

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