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Lufthansa posts first quarter losses

16 Apr 2019

Lufthansa reported an operating loss of 336 million euros ($380 million) for the first quarter of the year, hurt by rising fuel costs and overcapacity in Europe, sending its shares down 5 per cent in pre-market trade. Germany’s biggest airline said late on Monday

Turkish Airlines adds Sharjah service

11 Apr 2019

The Sharjah Airport on Thursday received Turkish Airlines’ inaugural flight from Istanbul. Starting in April, the airline will operate a daily flight to Sharjah from Istanbul’s new airport. The aircraft was welcomed with a traditional water salute, and a reception was held for the airline’s officials in the presence of Ali Salim Al Midfa, Chairman of Sharjah Airport Authority,

Cathay Pacific to buy budget airline HK Express for $628 mn

27 Mar 2019

Hong Kong flag carrier Cathay Pacific announced on Wednesday that it will buy budget airline HK Express for US$628.15 million, as it moves to counter competition from the increasing number of low-cost carriers in the region.

Qantas wants to buy planes for record-breaking flights

04 May 2019

Qantas Airways, which hopes to buy planes this year for record-breaking 21-hour flights between Sydney and London has two hurdles left to overcome: getting pilots and Australia’s aviation regulator to agree to unprecedented duty times. Airlines around the world are planning

Norwegian Air reports rise in load factor and yield

07 May 2019

Norwegian Air filled more seats on its planes and earned higher revenues per customer in April while dealing with the grounding of its 18 Boeing 737 MAX aircraft, it said, sending the company’s shares sharply higher in early trade. The company said last month that the global grounding of 737 MAX jets,

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