Airline industry
Jun 12, 2020 15:00
The government’s plan “will have a devastating effect on British tourism and the wider economy and destroy thousands of jobs,” the airlines said Friday in an emailed statement. They’ve asked for their judicial review to be heard as soon as possible. read more
May 27, 2020 22:07
The collapse in air travel sparked by the coronavirus pandemic has sapped demand for jetliners, forcing Boeing to scale back its commercial business, Chief Executive Officer Dave Calhoun said Wednesday in a message to employees. read more
May 16, 2020 17:13
The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months, Southwest Airlines Co Chief Executive Officer Gary Kelly said. read more
May 09, 2020 18:38
The airlines industry warned of a debilitating effect of the measure. Ministers and health officials previously claimed checking and quarantining visitors had a marginal effect, but the new plan led many to demand why now, after over 31,000 people have died in the UK. read more
May 05, 2020 09:41
Imports were negligible in April due to a nationwide lockdown which has rippled through the country’s economy, shuttering many industries. read more
Apr 28, 2020 06:15
Even before Covid-19 broke out, Boeing was already under pressure after two crashes of its 737 MAX killed 346 people, leading to its global grounding since March 2019. read more
Apr 26, 2020 09:16
A seismic shift is underway as the world’s airlines reassess their operations and how they will look emerging from the crisis. At eerily empty airports, mask-wearing and social distancing already show a behavioural change among the few staff and travellers left. read more
Dec 13, 2019 17:45
Airline industry profits will come in lower than forecast this year as passenger numbers and cargo volumes are held back by slowing economic growth and global trade wars, the International Air Transport Association said. read more
Dec 12, 2019 12:23
With Boeing 737 Max expected to return to service next year, overall aircraft deliveries are likely to increase in 2020 and this will continue to keep airfares under pressure, said a senior official of global airlines body IATA on Wednesday. read more
Aug 03, 2019 13:35
The pricing models use a combination of AI techniques -- machine learning and deep neural networks -- to track and assign a level of demand on an individual customer’s flight preferences, the researchers said. read more
Nov 17, 2018 10:19
A draft of the charter said passengers could cancel tickets free of charge as long as this was done within 24 hours of booking and at least four days ahead of the scheduled departure. It also allowed them to make corrections in the name on the ticket... read more
Jun 15, 2018 08:16
A government charter on passenger rights proposed a full refund of cancelled tickets within 24 hours of booking, among other proposals, which airlines say will upset the pricing strategy. read more
Apr 19, 2018 13:57
The government had last month floated a preliminary information memorandum inviting bidders to buy 76 per cent stake in loss-making Air India along with transfer of management control. read more
