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Friday, 29 August 2014

BBC News

• Ryanair confirms Prestwick servicesBudget airline Ryanair confirms it will continue flying from Prestwick Airport next summer, with a total of 16 routes.
• Malaysia Airlines expects more lossesMalaysia Airlines says the full financial impact of the two tragedies to hit the company will be seen in the second half of the year.
• Virgin Australia trebles lossesVirgin Australia posts an after-tax loss of A$355.6m ($332.6m; £200.5m) for the full year ending in June, triple the firm's previous year's losses for the period.

Financial Times

• Qantas posts record $2.6bn lossThe Australian airline says a recovery is in sight, predicting it will return to an underlying profit before tax in the first half of 2015
• Malaysia Airlines cleared for revampGovernment approves plan aimed at restoring national carrier’s fortunes, proposing to cut about a quarter of staff and some long-haul routes
• Germanwings pilots set to to go on strikeLufthansa’s low-cost airline cancels 116 flights on Friday after pilots failed to reach a deal in a dispute over early retirement benefits

The Guardian

• Second plane diverts after passenger dispute over reclining seatAllegedly disruptive passenger charged after American Airlines flight from Miami to Paris is diverted to Boston Continue reading...

The Herald

• O'Leary warning on airport tax as Prestwick flights cut by thirdRYANAIR chief Michael O'Leary warned Air Passenger Duty was strangling growth at Prestwick Airport as the airline unveiled plans to slash its summer schedule at the hub by a third.

The Mirror

• Iceland volcano Badarbunga: Watch live as fears grow of 'big eruption' causing travel chaos Iceland's Met Office says it cannot not rule out a 'big eruption', amid concerns that ash from Badarbunga could cause disruption to air travel

Manchester Evening News

• Manchester Airport braced for busiest day of the yearWith families returning from holidays ahead of the school term and other travellers taking advantage of cheaper rates, numbers will peak.

Aviation Industry

• Qantas suffers record $2.8bn lossResult blamed on $2.6bn write-down on its fleet