SQ business at economy fares

December 9, 2014 by  
Filed under Aviation, News

SINGAPORE, 9 December 2014: Singapore Airlines said Monday it would honour hundreds of business-class tickets sold wrongly at economy fares to ensure travellers’ plans are not disrupted.

The airline said in a statement it was investigating the cause of the erroneous sales, which saw “business-class booking able to be made at an out-dated economy-class fare level”.

The tickets involved 900 ticketed segments — or journeys between two airports — sold by Australian travel agents.

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Dutch reconstruct MH17 wreckage

December 9, 2014 by  
Filed under Aviation, News

THE HAGUE, 9 December 2014: Wreckage from Malaysia Airlines flight MH17 will arrive from Ukraine at a Dutch air force base on Tuesday where the plane will be reconstructed as part of probe into the crash.

The convoy of lorries carrying pieces of wreckage from Ukraine is due to arrive at the Gilze-Rijen airbase in the south of the country at around 2 pm (1300 GMT), the Dutch Safety Board (OVV) said in a statement on Monday.

The Malaysia Airlines Boeing 777 was blown out of the sky 17 July over rebel-held territory in eastern Ukraine, killing all 298 people on board, two-thirds of them Dutch.

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Changi launches Jewel

December 8, 2014 by  
Filed under Aviation, News, Singapore

SINGAPORE, 8 December 2014: Construction teams started work on Jewel Changi Airport, Friday.

The mixed-use complex is a joint venture between Jewel Changi Airport Trustee Pte Ltd, Changi Airport Group and CapitaMalls Asia.

Once completed it will feature retail space, a hotel and facilities for airport operations, which will be developed in front of Terminal 1.

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IATA monitors upturn

December 8, 2014 by  
Filed under Aviation, News

MONTREAL, 8 December 2014: Worldwide airline share prices rose 14% in November, supporting by continued decline in the price of crude oil and jet fuel, IATA reported Monday.

The monthly IATA monitor said crude oil prices dropped 36% since the mid-year peak, reflecting appreciation of the US dollar as well as continued growth in supply, particularly in the US.

Airlines during the third quarter enjoyed fiscal improvements in the US, but it was partially offset by weakness in other regions.

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MH hires CEO offshore

December 8, 2014 by  
Filed under Aviation, Malaysia, News

KUALA LUMPUR, 8 December 2014: Troubled Malaysia Airlines has picked the head of Irish flag carrier Aer Lingus, Christoph Mueller, as its future CEO as the airline struggles to recover from its two devastating disasters this year, it was announced late last week.

Mueller will take over in mid-2015, said an announcement by Khazanah Nasional, the Malaysia state investment fund that controls the ailing airline.

German citizen Mueller took the helm of Aer Lingus in 2009 and initiated a turnaround strategy that involved hefty job cuts. He previously occupied top positions at German flag carrier Lufthansa and the former Belgian carrier Sabena.

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QF in turnaround

December 8, 2014 by  
Filed under Aviation, News

SYDNEY, 8 December 2014: Embattled Australian carrier Qantas said Monday it had turned the corner after a major shake-up to stem losses, forecasting a swing back into the black in upbeat half-year profit guidance.

Record fuel costs and fierce competition saw the carrier post an underlying loss before tax — its preferred measure of financial performance — of AUD252 million (USD209 million) in the six months to 31 December, 2013.

But in a market update, Qantas said it expected an underlying profit of between AUD300 million and AUD350 million in the same six months this year.

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MH to suspend shares

December 8, 2014 by  
Filed under Aviation, News

KUALA LUMPUR, 8 December 2014: Malaysia Airlines said its shares will be suspended from the country’s stock exchange, 15 December, under a government plan to rescue the beleaguered carrier after two devastating aviation tragedies this year.

The national flag carrier, whose loss of both flight MH370 and MH17 compounded years of hefty financial bleeding, said the stock’s final day of trading would be 12 December, followed three days later by the full suspension.

The airline made the announcement in a filing with Kuala Lumpur’s stock exchange late on Thursday.

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Christmas cheer at airports

December 4, 2014 by  
Filed under Aviation, News

SINGAPORE, 4 December 2014: If you needed a guide to airports that are in a festive mood this Christmas, Wego a travel search site in the Asia Pacific and Middle East has done its homework on the best spots to be delayed in over Christmas or  to catch Santa for a cuddle.

London Heathrow Airport

The UK’s capital airport is spreading the Christmas cheer across all terminals with select restaurants offering free meals for kids, arts and crafts, visits from Pingu, The Snowman and Peppa Pig, with Santa and his elves distributing lollies to those who have been good this year (or maybe very well behaved passengers!).

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Finnair buys more Airbus 350s

December 4, 2014 by  
Filed under Aviation, News

HELSINKI, 4 December 2014: Finnair has added another eight Airbus A350-900 to a previous order from the European aerospace giant, bringing the total to 19 aircraft, the companies announced Wednesday.

The estimated value of the transaction, calculated from catalogue prices, amounts to 1.9 billion euros (USD2.4 billion).

“Finnair was launch customer of the A350, and in 2007 placed an order for 11 A350-900s, including an option for further eight. This agreement brings the total committed order to 19 A350-900s,” Airbus said in a statement.

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LH hit by 11th strike

December 4, 2014 by  
Filed under Aviation, EUROPE, News

BERLIN, 4 December 2014: Europe’s biggest airline, Germany’s Lufthansa, is set to be hit by its 11th pilots’ strike of the year from Thursday after a leading union called for another stoppage to long-haul flights.

The Vereinigung Cockpit union scheduled the new strike to start at 0399 (0200 GMT) on Thursday and end at one minute to midnight (2259 GMT).

The announcement was made just as a 36-hour strike that began Monday was coming to an end. That stoppage caused more than one thousand flights to be scrapped, disrupting services to and from Germany’s busy Frankfurt hub, and causing disruption at Lufthansa destinations including London, Buenos Aires, Dubai, Seoul and Tel Aviv.

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