IATA says that it still expect’s the world’s airline industry to record a collective profit of US$3 billion this year, despite pressure from the Eurozone economic crisis. “The $3.0 billion industry profit forecast has not changed. But almost everything in the equation has,” said IATA CEO and director general Tony Tyler. “Demand has been better
SriLankan Airlines will become the latest carrier to join the oneworld alliance, with airline to be inducted from late 2013. The Colombo based carrier, which operates 21 aircraft and carried 3.5 million passengers last year, said that it chose to join oneworld after reviewing a range of alliance options. “Joining the alliance will help put
Virgin Australia has commenced work on a significant refurbishment of its domestic terminal at Melbourne Airport, which it says will bring the facility into line with the airline’s new branding. “Melbourne is one of our busiest domestic airports and we serve over seven million guests every year – more than 19,000 every single day,” said
Regional Express has announced that it is shutting down its Rex Flyer loyalty program, blaming the federal government for its demise. With immediate effect, the airline will no longer renew existing memberships as they come due, and new members will not be accepted. Only accrued points will count towards a reward flight, and all flights
On Wednesday Christchurch experienced it’s first snow “dump” of the year. It started snowing at 0700 and heavy snow continued falling until late afternoon. Christchurch International Airport staff went into a well-practiced snow clearing routine. The runway was cleared regularly but some snow was settling and there was considerable fluctuations in visibility. The terminal ran
Australian Workers’ Union secretary Paul Howes has warned that there could be a “national crisis in aviation” if Virgin Australia’s domestic operations were taken over by its partner Etihad Airways as the Abu Dhabi carrier increased its stake to 4.99 per cent. “The company remains interested in building a larger stake over time but will
