Transportinfo.org.uk - today's transport news in the uk, hand picked for you each morning

Thursday, 11 December 2014

Financial Times

• Airlines on course for record profitsIata says improved profitability is good news for consumers as lower costs are passed on

The Guardian

• Air fares set to fall in 2015Savings made on plummeting oil prices will be passed on to passengers, say carriersFlying could get cheaper next year as airlines say they will finally start passing on some of the savings made on plummeting oil prices.Carriers are forecasting record profits for 2015 due to cheaper fuel and rising demand and they expect to cut the average ticket price by 5%, excluding surcharges and taxes. Continue reading...

The Telegraph

• Mystery as Qatar Airways postpones delivery of Airbus A350 jet The much-heralded introduction into service of Airbus’s new A350XWB passenger jet with Qatar Airways has been cancelled after hitting last-minute turbulence. The first jet was due to be delivered to launch customer Qatar Airways on Friday with a VIP flight to Doha but this has been cancelled without explanation.

Aviation Industry

• Boeing: Demand for new commercial aircraft in 2015 ‘healthy, balanced’Boeing is forecasting strong demand for new commercial aircraft in 2015, resulting in nearly $124 billion in deliveries across the industry, double the amount from 2010, according to Boeing’s Current Aircraft Finance Market Outlook for 2015. read more
• Virgin Atlantic embarks on new four-year strategyVirgin Atlantic is expecting to turn a profit this year, after completing its two-year recovery plan, and is now working to deliver on its strategy for the period to 2018. read more
• Delivery of first Airbus A350 to Qatar Airways postponedQatar Airways announced Wednesday that delivery of its first Airbus A350-900 XWB, originally planned for this weekend, has been postponed. No new date for the delivery or reasons for the delay were given; Qatar is the launch customer for the all-new widebody. read more
• Air fares to drop 5% in 2015 - IATAIATA predicts fares to decline as falling oil prices boost airline profits