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15 JAN 2020

British Airways-owner files EU complaint over Flybe rescue


British Airways-parent IAG on Wednesday filed a formal complaint to Brussels over the UK government's last-minute financial rescue of struggling no-frills carrier Flybe."IAG has submitted a complaint to the EU Competition directorate this morning ... More
15 JAN 2020

British Airways-owner slams Flybe rescue


British Airways parent IAG on Wednesday attacked the UK government over its last-minute rescue deal of no-frills carrier Flybe.Employing around 2,000 people, British airline Flybe has failed to turn around its fortunes since it ... More
15 JAN 2020
UK reaches deal to keep Flybe flying

UK reaches deal to keep Flybe flying


The UK government announced a rescue deal Tuesday for the troubled no-frills airline Flybe aimed at keeping Europe's largest regional carrier flying and preserving ... More
14 JAN 2020

UK budget airline Flybe in rescue talks


Troubled British no-frills airline Flybe has held crunch talks with the UK government over a potential rescue, a source close to the company told AFP Monday.Officials from the Department for Business, Energy and Industrial ... More
14 JAN 2020

Iran denies 'cover-up' as anger mounts over downed airliner


Iran denied a "cover-up" Monday after taking days to reveal an airliner was accidentally shot down last week, a disaster that sparked demonstrations and calls for a fully transparent investigation.The Ukraine International Airlines Boeing ... More
11 DEC 2019

TUI warns grounded Boeing 737 MAX to sap 2020 profits


European tour operator TUI warned Wednesday that its 2019-20 business year will be burdened by continuing massive costs from its fleet of grounded Boeing 737 MAX aircraft.In a forecast, TUI said costs from the ... More
11 DEC 2019
Trade turbulence pushes airline profits lower

Trade turbulence pushes airline profits lower


Global trade tensions have sent airline profits into a descent, the industry's trade association said Wednesday, and while profitablity is expected to rebound next ... More
11 DEC 2019

Ryanair to keep Spain base open but cuts hours, wages: union


Irish airline Ryanair has agreed to keep its base in the northeastern Spanish city of Girona open in exchange for reducing its employees' salaries and working hours, union officials said Tuesday. In August, the ... More
09 DEC 2019
Troubled Hong Kong Airlines allowed to keep operating

Troubled Hong Kong Airlines allowed to keep operating


Cash-strapped carrier Hong Kong Airlines was handed a lifeline by regulators on Saturday after they decided not to punish it for delaying salary payments ... More
09 DEC 2019

Turkmenistan Airlines flies to EU again after ban


National carrier Turkmenistan Airlines resumed flights to the European Union on Saturday after a 10-month hiatus triggered by an EU ban. An AFP correspondent in Turkmenistan saw 50 passengers line up to check in ... More
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