Air Transport Association Stories
Boeing, Airbus Battleground Shifts To Asia-Pacific
As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.
Lufthansa To Lay Off 3,500 In Restructuring
Deutsche Lufthansa AG (FRA: LHA) announced Thursday it will lay off 3,500 administrative employees over the next couple of years as part of its plan to save $2 billion by 2014. The news comes a day after the airline announced a first quarter operating loss of ?381 million ($499 million), compared to a loss of ?169 million a year earlier.
Delhi Airport To Be World's Most Expensive; Airlines And Fliers Oppose Airport Charge Hike
The Indira Gandhi International Airport in Delhi, India, is set to become the costliest airport in the world, as the Delhi International Airport Ltd (DIAL) that operates the airport has got approval to hike the airport charges.
Plane Crash In Siberia Kills 31; Criminal Probe Underway
An ATR-72 twin-engine turboprop carrying 43 people crashed during an attempted emergency landing in a snow-covered field near Tyumen, in western Siberia.
China Blocks Airbus Deals Over EU Carbon Tax, Says EADS
China has blocked purchases of Airbus planes by Chinese companies in reaction to a controversial European carbon tax, the CEO of Airbus parent European Aeronautic Defense & Space Co. NV (Paris: EAD) said Thursday.
Global Airlines May be Wary of Investing in India's Carriers
New Delhi's expected move to allow global airlines to own as much as 49 percent in Indian carriers has been welcomed by investors as a potential lifeline for an industry mired in $20 billion of debt and on course to rack up $3 billion in annual losses. But aviation-industry experts say any celebration is premature.
Appeals Court sides with Unions in Airline Dispute
A U.S. appeals court ruled on Friday that a hotly disputed change in federal labor law making it easier for unions to organize is lawful.
Thanksgiving 2011 Travel Forecast: Fewer Travelers, Crowded Planes, Higher Fares
Though there are less people traveling over the 2011 Thanksgiving holiday period, they will experience more crowded planes and higher fares.
Barf Bag? Airline Industry is Sick of Obama’s Proposed Tax Hike
The airline industry is handing out barf bags to passengers and lawmakers as part of a major advertising campaign against Obama’s proposed airline tax hikes.
Obama's Proposed Airline Tax Bump Puts Jobs at Risk
Obama new deficit plans targets the travel industry with already soaring ticket prices.
Google Fixes World Trade Center Flight Blunder
Google's new airline search engine, which aggregates flight information from desired destinations, showed the World Trade Center as an airport option for New York City.
Indian Low-Cost Air Lines Take Price War to Overseas Routes.
India's full service airlines, buffeted by high fuel costs and intense competition, face new headwinds on their lucrative international routes as budget carriers launch services with rock-bottom fares.
Paris Air Show 2011:Updates, Big Sales, and What's to Come
Asian-Pacific Countries dominate at this year's Paris Air Show, while older markets make less of a showing.
Southwest Airlines Promotes Sustainability on its 40th Anniversary
Southwest in talks for biofuel use while it celebrates its 40th Birthday by giving back across the nation.
China air passenger growth to lead global market - IATA
The number of international air passengers from mainland China will rise by an average of 10.8 percent per year through to 2014, making it the world's fastest-growing market, industry association IATA forecast.
Global airline profits likely to drop in 2011; but number of passengers to surge by 800-mln in 2014
The global airline industry will also likely see 800-million more travelers by 2014, and more than a quarter of them will come from China.
Stanford ties up with IATA to offer aviation management program through distance learning
The Center for Professional Development at Stanford University has signed an agreement with the International Air Transport Association (IATA) to offer a unique distance learning program combining aviation training and management fundamentals.
IATA raises airline industry’s 2010 profit forecast, but warns of tough conditions next year
The International Air Transport Association (IATA) estimated that airlines will earn net profit of $15.1-billion this year – a 70 percent jump from its previous forecast made only three months ago when it forecast profits of $8.9-billion. But the group warned that net profit margins in the airline industry are pathetic
Obama, Clinton ask TSA to make body screening less invasive
U.S. President Barack Obama and Secretary of State Hillary Clinton have asked the department of Transportation Security Administration (TSA) to look for less intrusive body screening rules.
Service a Casualty of U.S. Airline Recovery
As frustrated as travelers may be with crowded planes and delayed flights, these are the realities of the leaner U.S. airline industry as it claws its way back to profitability after a brutal years-long slump.