Cobalt has cancelled all flights from midnight on October 17th according to a statement on its website. The carrier, which has operated flights in and out of Cyprus since 2016 – including flying UK holiday-makers to the island – has suspended operations. Local media said Cobalt had failed to reach a deal with a potential new […]
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Entries by Barry
UK media report that the combined £29 million impact from higher fuel costs, a weaker pound and less demand is set to send Flybe spinning to a full-year loss. The airline’s profit warning yesterday immediately sent its shares down by more than a third to a record low. In a trading update, the Exeter-based Flybe said that it expected to […]
Last week Ryanair announced their half year results. The company posted a seven per cent drop year on-year in net profits to €1.3 billion for the half-year to the end of September. The company flew 76.6 million passengers during the half year, up six per cent, and also reported an eight per cent rise in revenues to […]
The rising oil price and the cost of compensating passengers affected by planes being taken out of commission because of faulty engines has cut profits at Norwegian Air Shuttle. However, shares in the airline rose 16 per cent on the Oslo market to NKr211.80 as Norwegian revealed plans for a sale and leaseback joint venture for its […]
The UK press dedicate parts of their budget coverage to criticism from IAG of the Chancellor’s announcement that long-haul Air Passenger Duty will increase. Short-haul APD will be frozen until 2020-21. An IAG spokesperson is quoted as saying: “It’s ironic that this Brexit budget has undermined Britain’s global competitiveness by uppping Air Passenger Duty, the world’s highest […]
Cello Aviation, based in the UK, has ceased trading immediately, according to an announcement made on Friday. The British charter airline was based at Birmingham Airport and primarily operated private and VIP charters with two specially configured aircraft. The airline had a B737 and Avro RJ100. It also operated wet lease and full charter flights […]
Singapore Airlines have launched the world’s longest nonstop passenger flight from Singapore to New York this week. The 10,400-mile flight, that will take up to 19 hours, will be flown by a long-range Airbus A350-900 aircraft with all premium seating.
Primera Air filed for bankruptcy at midnight on 2nd October, leaving between 2,500 and 5,000 customers stranded The airline has blamed late deliveries of A321 aircraft and a range of operational problems, and last night posted a message on its website saying: “On this sad day, we are saying goodbye to all of you.” Simon Calder from the Independent […]
Qantas expects to place an order at the end of next year for aircraft that will be able to fly non-stop from Sydney to London as the Australian airline bets on strong passenger demand for direct routes. Alan Joyce, Chief Executive said Qantas had always specialised ‘in super long-haul’ given its geographic location. “We now have the […]
Nigeria has suspended plans to relaunch its national airline two months after the attempt to revive the carrier was announced. Aviation Minister Hadi Sirika broke the news on Twitter after a cabinet meeting, saying ministers had made ‘the tough decision’ to suspend the project. No reason has been given for the about-turn. The airline, which was set to […]