Markets

Airlines are begging for a bailout, but they have used 96% of their cash on buybacks over the past 10 years. Their plight highlights an ongoing controversy over how companies have been spending their money.

The Trump administration has proposed $US50 billion of emergency aid for airlines ravaged by widespread cancellations amid the coronavirus pandemic. But critics are deriding it as a bailout to an industry that made bad financial decisions. Resistance to the plan emerged among Democrats and even some Republicans. They’re concerned that […]
Airlines are begging for a bailout, but they have used 96% of their cash on buybacks over the past 10 years. Their plight highlights an ongoing controversy over how companies have been spending their money.
News

How Emirates makes 225,000 region-specific meals a day for its passengers

EmiratesFlight Catering in Dubai makes all the snacks, main dishes and desserts served aboard the airline’s 200,000 flights each year. The facility runs 24-7 and dishes out 110 million meals a year. Emirates’ 1,800 chefs from around the world create region-specific menus for each flight. In 2018, Emirates passengers ate […]
How Emirates makes 225,000 region-specific meals a day for its passengers
News

3 Huge Business Mistakes Airlines Are Making Right Now

Three-time Formula One World Champion Niki Lauda shot to stardom in the 1970s as Ferrari’s domineering tactical genius. His racing career was even chronicled by Hollywood in Ron Howard’s Golden Globe-nominated film “Rush.” However, what most people don’t realise is that Lauda has started not one, but two successful airlines. […]
3 Huge Business Mistakes Airlines Are Making Right Now
Lifestyle

American Airlines Cancels Bereavement Fares

American Airlines no longer offers emergency or bereavement fares, it announced quietly on its website, adding that it does “offer customers flexible fare options when booking last minute travel for a variety of reasons.” The new policy took effect February 18. According to Travelocity blog The Window Seat, the American’s […]
American Airlines Cancels Bereavement Fares
Lifestyle

Americans Complained About Airlines A Lot Less In 2013

The U.S. Department of Transportation received 13,168 complaints about airline service in 2013, a 14.1% drop compared to the 15,338 it fielded in 2012. But while the year was good overall, things weren’t so nice once winter set in. According to new numbers from the DOT, December complaints jumped 23.5% […]
Americans Complained About Airlines A Lot Less In 2013
Lifestyle

The World’s Fastest-Growing Plane Market Is About To Go On A Shopping Spree

When the Singapore Airshow opens tomorrow, the attention of the aviation industry will turn to Asia, the fastest-growing market on the planet. Between 2013 and 2032, the Asia Pacific region, including China and India, will demand nearly 13,000 new aircraft worth $US1.9 trillion, according to Boeing’s Current Market Outlook. 36% […]
The World’s Fastest-Growing Plane Market Is About To Go On A Shopping Spree
Lifestyle

Those Terrible Bag Fees Are Keeping The Airline Industry Afloat

The global airline industry should see record-breaking profits in 2014, and the key sources of revenue are the myriad fees that annoy passengers so much. Called ancillary fees, they’re what you pay when you want to check a bag, have extra legroom, or change a reservation. They may seem minor […]
Those Terrible Bag Fees Are Keeping The Airline Industry Afloat
Lifestyle

The Airline Industry Is Expecting Its Best Profits Ever In 2014

The global airline industry should make a all-time high net profit of $US19.7 billion in 2014, according to the latest financial outlookfrom the International Air Transport Association (IATA). That’s thanks in large part to a small drop in jet fuel prices, IATA said in a release accompanying the forecast. Improved […]
The Airline Industry Is Expecting Its Best Profits Ever In 2014
Lifestyle

The Budget Deal Will Make Air Travel More Expensive

The budget deal reached by negotiators in Washington this week is good news for the economy, but not so much for airlines. The deal, which still has to pass both houses of Congress but is supported by the leaders of both parties, would increase the security fees airlines pay to […]
The Budget Deal Will Make Air Travel More Expensive
Lifestyle

The World’s Longest Commercial Flight Has Been Cancelled

On Monday, the world’s longest commercial flight ended its run after nine years of shuttling passengers from Newark International to Singapore’s Changi Airport. According to the International Business Times, Singapore Airlines Flight SQ21 lasted 19 hours and covered nearly 10,000 miles. It operated on an Airbus A340 with only 100 […]
The World’s Longest Commercial Flight Has Been Cancelled
Lifestyle

BOEING: The Middle Eastern Plane Market Is Worth $US550 Billion

According to Boeing, Middle Eastern airlines will need more than 2,600 new planes in the next 20 years, a market worth about $US550 billion. Air traffic in the region is growing much faster than in the rest of the world, and airlines like Etihad, Emirates, and Qatar Airways are more […]
BOEING: The Middle Eastern Plane Market Is Worth $US550 Billion
Lifestyle

Now You Can Text While Flying

Gogo, the company that provides in-flight WiFi to most U.S. airlines, now offers passengers the ability to send and receive text messages while in the air, on their own phones. It’s called the Gogo Text & Talk app, but customers on American commercial flights will not be calling anyone. “The […]
Now You Can Text While Flying
Lifestyle

Airlines Can’t Pick Up Their New Planes During The Shutdown

Since the beginning of the government shutdown on October 1, American airlines have been unable to take delivery of their new planes. That’s because the FAA’s Aircraft Registry office, which approves certificates of registration for new planes, is closed. According to the General Aviation Manufacturers Association (GAMA), if the registry […]
Airlines Can’t Pick Up Their New Planes During The Shutdown
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