Entries by Barry

Lauda beats IAG in battle to buy NIKI

Reuters reports that the administrators of the insolvent airline NIKI have chosen to sell it to the former Formula 1 champion Niki Lauda. The sale was initially agreed with IAG, but bids were reopened when the proceedings were moved toAustria from Germany last week. IAG has told reporters it is ‘disappointed that NIKI will not be able to develop and grow stronger as part of the group‘. 

Air France in talks with Alitalia to acquire carrier

Air France-KLM held discussions with Alitalia about acquiring the Italian flag carrier last week, according to the Financial Times.  The article suggested that a joint bid with easyJet may have been proposed. The article noted that the airline has been under government control since last year, and has been ‘trying to draw out potential buyers’. The paper said Lufthansa […]

‘Drunk’ pilot pulled off BA flight and held by police

British media reported that police had arrested a British Airways pilot at Gatwick after a colleague suggested he may have been drinking last week. A British Airways spokesman said: “We are taking this matter extremely seriously and are assisting the police with their inquiries. We are sorry for the delay to our customers. The aircraft remained at the gate until an alternative third […]

Emirates ensures Airbus A380 survival with 36 plane order

 Emirates Airline has signed a memorandum of understanding to acquire up to 36 additional A380 aircraft.  The deal comes just days after Airbus warned it may have to scrap the programme if it could not complete the signing. The commitment is for 20 A380s and an option for 16 more with deliveries to start in 2020, valued at […]

EU mulls emergency plan to keep UK planes flying after no deal Brexit

UK Telegraph Online writes that the European Union is considering emergency plans to keep British planes flying in the EU after a no deal Brexit.  EU agreements allow airlines to operate and land in other member states of the bloc but Britain will leave those after Brexit, even if there is a deal.  There are fears that British […]

New ultra-long service launches 

The world’s latest ultra-long-haul route is scheduled to take off from Houston on Friday evening, destination Sydney. United Airlines flight 101 leaves at 8pm for the 8,596-mile trip, 18 miles longer than the existing Qantas route from Dallas to Sydney.  The new flight is scheduled for 17 hours 30 minutes. The plane arrives at 6.30am local time, two days after leaving Houston. But […]

The unstoppable growth of International Airlines Group

An editorial in Airways Mag Online discusses IAG’s new airline brand, LEVEL and its purchase of NIKI assets, and describes the airline group’s growth as ‘unstoppable’. The article praises the flexibility and fast movement which allowed LEVEL to be set up so quickly, and notes that IAG is ‘positioning itself nicely into both the premium price market and also the […]

Delta raises profit forecast, shares jump

 Delta Air Lines has reported better-than-expected profit for the fourth quarter, helped by higher business fares and a busy holiday travel season. The airline forecast even better performance in the current quarter on strong demand for seats, and the results sent its shares up 3.5 percent in pre-market trading.  Delta forecast total unit revenue to increase by 2.5 […]

Lufthansa CEO calls for ‘significant’ Alitalia cuts

 Lufthansa sees a need for ‘significant‘ restructuring at Alitalia before the German airline can make a deal to buy it, according to a letter from Lufthansa Chief Executive Carsten Spohr to Italian Industry Minister Carlo Calenda.  He said restructured ‘NewAlitalia‘ would be smaller in terms of both staff and its fleet.  Alitalia, which has made a profit only a few times in its 70-year history, was […]

IAG snaps up Air Berlin’s Niki  

IAG have purchased NIKI from the collapsed Air Berlin airline for a total investment of £32.5m.  It’s reported that IAG will integrate the operation into Vueling and employ some 740 out of 1,000 NIKI staff.   IAG’s chief executive Willie Walsh, said: “NIKI was the most financially viable part of Air Berlin and its focus on leisure travel means it’s a […]