Monday 4 May 2015
 
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US opens comment forum on Gulf airline subsidy claims

The Obama administration on Friday solicited comments from interested parties about US airline and unions' claims that Gulf carriers have received market-distorting subsidies, marking the latest step in its review of the matter.

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Low-cost airlines central to Russia's tourism recovery

Low-cost carriers flying to Russia are vital to the recovery of the country's tourism business and can expect to see a 13 per cent annual increase in the number of Russian passengers over the next four years, a recent study showed.

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Delta CEO blames Gulf for bankruptcy protection

Delta Airlines CEO Richard Anderson has said that the Gulf region was the source of the September 11, 2001 attacks that hurt the airline industry in the US. In an interview with CNN’s Richard Quest, Anderson said it was iron

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ME carriers’ cargo volumes grow 17pc in Sept

The cargo volumes of Middle Eastern carriers grew 17 per cent in September, a strong result as compared to their average growth in demand for the year-to-date of 10.1 per cent, according to recent data. The International Air Trans

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Mideast airlines' traffic grows 11pc in August

Middle Eastern carriers had the strongest year-on-year traffic growth in August at 11.7 per cent as the airlines continued to benefit from the strength of regional economies and solid growth in business-related premium travel, according to the l

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Air cargo carriers face tough battle

As more cargo shifts to passenger planes and back onto the seas, airlines are having to rethink their cargo operations or risk the freighter plane becoming a thing of the past. While some carriers have already reduced the number o

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State-owned carriers game-changers: Lufthansa CEO

Deutsche Lufthansa AG is recovering from a pilot strike in April and views competition from state-owned carriers as one of its biggest challenges, its new chief executive told Reuters in an interview. Carsten Spohr, in Washington

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State-owned carriers game-changers: Lufthansa CEO

Deutsche Lufthansa AG is recovering from a pilot strike in April and views competition from state-owned carriers as one of its biggest challenges, its new chief executive told Reuters in an interview. Carsten Spohr, in Washington

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ME airlines top traffic growth for any region

Middle East airlines experienced the strongest traffic growth for any region for March at 15.6 per cent year-over-year, with a 14.2 per cent rise in capacity that boosted load factor to 79.7 per cent, a report said. While a smalle

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Flydubai hit by high fuel costs

Budget carrier flydubai, which does not hedge its fuel costs, is being hit by persistently high oil prices which have left it more exposed to short-term volatility than rival carriers, its chief executive said. High fuel prices have crimpe

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