Entries by Barry

Another spanner in Rolls’ works

The pressure on Rolls-Royce over its troubled Trent engines increased yesterday when Singapore Airlines revealed that it had grounded two Boeing 787-10s, report The Daily Telegraph and The Times. Articles cite engines wearing out faster than expected as the reason for Singapore’s decision, adding to Rolls’ woes. Rolls has put a £1.5bn price tag on resolving problems with […]

Flybe cancels dozens of flights

Regional carrier Flybe has cancelled dozens of flights this morning for what it describes as “operational reasons”. The airline reports that five flights from Belfast City Airport and four from Birmingham are among those affected, along with departures from Southampton, Aberdeen, Edinburgh and Newcastle. The airline said it would like to “sincerely apologise for any […]

Latest Air France news

Au revoir to Air France’s Joon? The new boss of Air France-KLM may consider closing Joon, the group’s newest airline, reports Reuters. The article, also published on ThePointsGuy blog, quotes an Air France source as saying CEO Benjamin Smith “has made clear he doesn’t understand the positioning or identity of Joon”. Joon was launched last year aimed at […]

IT outage causes hundreds of US flights to be delayed

Hundreds of flights were delayed and tens cancelled as Southwest, Delta, United, JetBlue and Alaska Airlines were impacted by the outage. The issue stems from a computer program called AeroData, which is used to calculate the weight and balance of flights before takeoff to determine flight plans and make fuel calculations, according to the Federal […]

Ryanair ‘the new coal’ as airline enters Europe’s pollution top 10

Ryanair has become the first non-coal company to join Europe’s top 10 carbon emitters, according to EU figures. The Irish airline, which transports 130 million people a year, declared 9.9 megatonnes of greenhouse gas emissions in 2018, up 6.9% on last year and 49% over the last five years, according to raw data in the […]

Emirates profits slide

Emirates has posted an 86% fall in profits, following rising oil prices and currency devaluations. The Dubai-based carrier recorded a profit of just $62m in the six months to 30 September, compared with $452m in the same period last year.

Virgin pilots balloted over industrial action

The Financial Times reports that Virgin Atlantic’s largest pilots’ union — which the airline has yet to recognise — has started to ballot its members about industrial action that could lead to strikes over Christmas. The Professional Pilots Union said anger at the airline’s recent review of pilot benefits was “merely a symptom” of its dissatisfaction […]

Oil price drops

The price of oil [has fallen] below $60 a barrel for the first time in more than a year amid fears that the world is facing a supply glut,” and that the drop “has confounded the expectations of experts, who barely two months ago were contemplating the prospect of supply shocks sending oil back to […]

The latest on the situation at Flybe

Flybe shares soar on talk of buyout The media’s financial writers continue to focus on the future of Flybe, with many claiming IAG has joined the race to buy the regional carrier. Reports focus on the Exeter-based airline’s share performance over the past few days which has seen sharp increases as buyout speculation continues. IAG […]

UK signs ‘open skies’ deal with US

Willie Walsh, chief executive of parent company IAG, has hailed a new ‘open skies’ agreement with the US. A number of outlets have reported the pact, which will allow airlines to continue transatlantic flights without interruption after Brexit, when the current US-EU agreement ends. Willie Walsh told the Financial Times: “It’s critical that Britain maintains full access to international aviation […]