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Wednesday, October 16, 2019

Tag: airline industry

Lufthansa boss sees only ‘dozen’ long-haul airlines in future

Lufthansa's CEO warns that any future economic crisis could hit European airlines particularly hard but predicts that a downturn could 'accelerate' mergers and acquisitions.

Cathay remains under scrutiny as CEO takes fall for protests

Incoming CEO Augustus Tang has the delicate task of continuing to placate China while also minimizing the fallout from staff, customers and investors as the unrest in Hong Kong continue to seethe.

Air France to place mega-order for A220 jets

Air France refused to confirm the order, saying that 'no decision has been taken at this stage'.

Temasek-backed SATS plunges on macro headwinds, Jet Airways

Shares of SATS plunge as much as 5.6%, the most in nearly 7 years.

Pressure mounts on aviation industry over climate change

The airline industry says it is "hellbent" on reducing emissions – but the technology needed to drastically reduce its carbon footprint is still a long way to come.

Airlines can handle Brexit but frustrated by the politics, chiefs say

While the EU and the UK have pledged that flights will continue no matter the outcome of Brexit, the uncertainty is still not good for consumers.

No need for Mavcom, says Tony Fernandes

AirAsia chief says transport ministry is capable of fulfilling role that Mavcom is playing now.

Satellite tracking to prevent airliner disappearance

GlobalBeacon will help airlines track their planes in near real-time, thus avoid any incident similar to Malaysia Airlines flight MH370.