Month: April 2009

American Airlines announces losses

April 15: AMR Corporation, the parent company of American Airlines, reported a net loss of $375 million for the first quarter of 2009. “While lower fuel prices have provided a significant buffer against falling demand in 2009, the struggling economy

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Cathay Pacific announces cost-reduction measures

April 17: Cathay Pacific Airways announced a series of measures to help it deal with a drop in business resulting from the current economic downturn. The airline will reduce passenger capacity by 8% and cargo capacity by 11%. Cathay Pacific

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Qantas halves profit prediction

April 15: Qantas announced that due to the rapid and significant deterioration of trading conditions in the past few weeks it is revising its 2008/2009 full-year profit outlook downwards from around $500 million to between $100 million and $200 million.

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Stansted inquiry unlikely before August

April 15: In an open letter, the Secretary of State (SoS) for Communities and Local Government, the Rt Hon Hazel Blears MP, states that the Public Inquiry regarding the second runway at Stansted will not commence until BAA has been

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Another Indonesia plane crash

April 17: Up to 11 people are feared dead after a light plane crash in Indonesia’s Papua province on Friday, according to the Indonesian press. A Pilatus Porter belonging to Mimika Air was reportedly en route from Ilaga to the

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6,000th 737 delivered

April 16, Seattle, USA: Boeing celebrated the delivery of the 6,000th 737 with a delivery the International Lease Finance Corporation (ILFC), which will lease the 737 to Norwegian Air Shuttle ASA. The aeroplane’s tail features a special decal to mark

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BAA reports drop in passenger numbers

BAA’s UK airports handled a total of 10.6 million passengers in March, a reduction of just over 11% against the same month last year. Some of the reduction can be attributed to the fact that in 2008 the Easter travel

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Vietnam Airlines joins SkyTeam

A preliminary agreement has been signed confirming Vietnam Airlines’ first step towards full membership into the SkyTeam alliance in 2010. “Vietnam Airlines will enhance SkyTeam’s network in Southeast Asia, adding a number of new destinations throughout the region,” said Mr.

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Star Alliance outlines next stage of Heathrow moves

With more space now being available at Heathrow Terminal 1, ‘Star Alliance’ is preparing to implement the next stage of its ‘Move under one Roof’ (MuoR) strategy, which will see current Terminal 2 carriers Austrian, Croatia Airlines, Lufthansa, SWISS and

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AA orders 787s

American Airlines has agreed a deal with Boeing to acquire 42 B787-9 Dreamliner aircraft, scheduled for delivery in 2012 through to 2018, with options on 58 additional 787s for delivery between 2015 and 2020. The 787 announcement forms part of

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