Transport

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Lenders Propose Bailout to Save Beleaguered Indian Airline Jet Airways

Lenders Propose Bailout to Save Beleaguered Indian Airline Jet Airways

Anurag Kotoky, Bloomberg

Bloomberg reports Jet Airways has accumulated more losses in recent years than any publicly-traded Asian airline other than Pakistan International Airlines. That's remarkable, and it's probably a sign lenders should let the airline go. But that doesn't sound likely.

2 days ago

Pilot Shortage Leads IndiGo To Cancel Dozens of Flights Daily for Next 2 Months

Pilot Shortage Leads IndiGo To Cancel Dozens of Flights Daily for Next 2 Months

Anurag Kotoky, Bloomberg

The U.S. hospitality and food service industries had an estimated 900,000 unfilled jobs in 2018. Indigo and Asia, actually, need more pilots — badly.

2 days ago

Etihad Takes an Axe to Its Aircraft Order Book

Etihad Takes an Axe to Its Aircraft Order Book

Layan Odeh, Bloomberg

Norwegian isn't the only airline trying to scale back its ambitious expansion plans. Etihad is making its own drastic cost reductions in a bid to turn its business around.

2 days ago

Sponsored
Windstar Eyes the Future of Cruising With a Major Renovation Project

Windstar Eyes the Future of Cruising With a Major Renovation Project

Windstar Cruises + Skift

Travel providers need to step up the experiences they offer to compete in an increasingly crowded market –– and those in the cruise sector are no exception. With the recent announcement that it’s overhauling three of its ships, Windstar Cruises is one example of a cruise brand that realizes this.

2 months ago

Airbus to Cease Production of World’s Largest Passenger Plane

Airbus to Cease Production of World’s Largest Passenger Plane

Benedikt Kammel and Benjamin Katz , Bloomberg

The end has been in the cards for a while but Airbus is finally pulling the plug on the A380. It seems like the era of the double-decker jet is over.

3 days ago

Hong Kong Airlines Cuts Direct Flights to Auckland

Hong Kong Airlines Cuts Direct Flights to Auckland

Kyunghee Park, Bloomberg

Struggling Hong Kong Airlines continues on its path to axe money-losing, long-haul flights and go back to flying in safer skies closer to home. This latest Auckland cut comes after it pulled out of Australia and Moscow and reduced the number of flights to Vancouver and San Francisco.

3 days ago

It’s Time to Let Air France-KLM’s New CEO Take Charge

It’s Time to Let Air France-KLM’s New CEO Take Charge

Brian Sumers, Skift

KLM CEO Pieter Elbers is one of the most respected airline managers in the world. But KLM is not an independent airline and ultimately he should be accountable to group CEO Ben Smith.

3 days ago

Why Southwest Needed to Deliver a Sweet Credit Card Promotion

Why Southwest Needed to Deliver a Sweet Credit Card Promotion

Brian Sumers, Skift

Southwest lags behind some of its competitors in credit card revenue. But it is working on fixing that.

3 days ago

Aeromexico Struggles as Most North American Airlines Report Hefty Profits

Aeromexico Struggles as Most North American Airlines Report Hefty Profits

Brian Sumers, Skift

Aeromexico blamed its fourth quarter operating loss on one-off items. To a large extent that's true. But the airline still has some looming problems, which is probably why it won't grow at all this year.

3 days ago

Air Traffic Controllers Warn System Hasn’t Recovered Since U.S. Shutdown

Air Traffic Controllers Warn System Hasn’t Recovered Since U.S. Shutdown

Alan Levin, Bloomberg

The Trump Administration took a cavalier attitude during the shutdown. Many officials seemed to assume the aviation system wouldn't lose a step even though controllers and security screeners weren't receiving paychecks. They were wrong.

3 days ago

California’s Governor Drops Plans to Connect Los Angeles and San Francisco by High-Speed Rail

California’s Governor Drops Plans to Connect Los Angeles and San Francisco by High-Speed Rail

Romy Varghese, Bloomberg

If done right, California would have embraced high-speed rail. But it had become apparent to many state residents this project was a boondoggle and was not likely to provide the benefits politicians once promised. Perhaps someday, California will try again.

3 days ago

Indonesia Competes With Asian Neighbors in Airport Expansion Drive

Indonesia Competes With Asian Neighbors in Airport Expansion Drive

Fathiya Dahrul , Bloomberg

For a change, welcomed news for Indonesia, which was hit last year by a series of disasters. The country is slated for a rapid airport expansion. It needs it, as domestic market is huge while the government wants more foreign arrivals in its bid to reduce dependence on oil and gas.

4 days ago