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Friday, 20 February 2015

BBC News

• Air France profits hit by strikeAir France-KLM says it plans to speed up cost cutting and reduce investment as it reports a drop in earnings following last year's pilots' strike.

Financial Times

• Air France-KLM to step up cost cuttingPilots’ strike and intensifying competition in long-haul market weigh on airline’s earnings|

Aviation Industry

• Climate change committee: is airport expansion viable when emissions are capped?The Committee on Climate Change (CCC) has written to the Airports Commission in response to the recent consultation on shortlisted expansion options at Heathrow and Gatwick. The letter reiterates the Committee’s earlier recommendation that the Airports Commission’s economic analysis of …
• Air France-KLM narrows full-year net lossAir France-KLM reported a full-year net loss of €198 million ($225.5 million), a marked improvement on a €1.2 billion net loss for 2013, boosted by the completion of Transform 2015. read more
• Irish lessor acquires three Bombardier Q400 NextGensLessor Elix Aviation Capital has acquired three Bombardier Q400 NextGen aircraft. read more
• Eurowings operating costs may be 30%-40% lower than legacy carriersSunExpress, a joint venture of Lufthansa and Turkish Airlines, is on track to start long-haul operations for Eurowings in November from Cologne. read more
• Delta CEO apologizes for terrorist remark Delta Air Lines has issued an apology after remarks made by its CEO about Gulf carriers seemed to suggest they or the United Arab Emirates (UAE) governments were linked to the 9/11 terrorists. read more
• Lufthansa to Exit JetBlue Stake in Convertible Debt BuybackThe exit plan, through an early redemption of Lufthansa bonds convertible into JetBlue shares, will help strengthen the German carrier's balance sheet as it faces competition abroad and in Europe as well as crippling strikes by pilots. Lufthansa became JetBlue's largest investor in 2007 and holds two board seats.
• Air France-KLM steps up cost cutting as pilots’ strike hits profitsA 14-day strike last year cost the airline €425 million

EIN News Subscription

• Which airport do flyers like best? … passenger satisfaction. Conducted by the Airports Council International, based in Montreal, the Airport … access, check-in, security, airport facilities, dining and retail. “Airports are more … Sacramento 5. Ottawa Best in Europe: 1. Keflavik (Iceland) 2. …