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Airlines Updates

Airlines to collect RM1 Mavcom fee, Dewan Rakyat told

October 23rd 2017 6:03AM
Airlines will now be tasked with collecting the proposed RM1 fee on behalf of the Malaysian Aviation Commission (Mavcom), deputy transport minister ...

Planning a Europe trip? The airlines that are in financial trouble — in one chart

October 23rd 2017 5:52AM
The sector also has endured bankruptcy filings by German budget carrier Air Berlin AB1, -8.00% and Italian flagship airline Alitalia. Plus, the collapse ...

Copa Airlines shores up margins in 2017 as conditions in Latin America slowly improve

October 23rd 2017 4:22AM
Panama's Copa Airlines is close to reaching its historically high margin performance in 2017 as the company's yield, RASM and cost metrics continue ...

Jet fuel, excess capacity could hurt airline profitability: Icra

October 23rd 2017 4:11AM
New Delhi: Increasing jet fuel prices and any excess capacity could be of concern for airline profitability in the ongoing quarter, according to ratings ...

Cargolux Airlines clears 'Enhanced IOSA' audit

October 23rd 2017 4:11AM
October 23, 2017: Cargolux Airlines International SA announced that the airline had passed its sixth IOSA audit with an exceptionally good result.

Outgoing Malaysia Airlines CEO on why he quit: “I just want to balik kampung to my people”

October 23rd 2017 3:37AM
There's been talk of outgoing Malaysia Airlines (MAS) CEO Peter Bellew's abrupt departure and reasons have been varied. Some have said that it was ...

Malaysia Airlines appoints new CEO

October 23rd 2017 3:19AM
Malaysia Airlines appoints new CEO. Published 23 October 2017; Last Updated 23 Oct 2017 08:13. Tags; Aircraft; Airlines; Lessors; Southeast Asia.

Moscow court declares subsidiary of Transaero Airlines bankrupt

October 23rd 2017 3:03AM
MOSCOW, October 23 (RAPSI) – The Moscow Commercial Court has declared Transaero air carrier's subsidiary, Transaero-Finances, bankrupt, the ...

Dr Mahathir contradicting himself on Malaysia Airlines, says outgoing MAS CEO

October 23rd 2017 2:52AM
Tun Dr Mahathir Mohamad's depiction of Malaysia Airlines' downfall in his biography proved he had contradicted himself, said outgoing Malaysia ...

Hainan Airlines' first New York flights take off

October 23rd 2017 2:41AM
Hainan Airlines has launched its first New York service, departing from Chongqing, with its second from Chengdu set to follow suit later this week.

Outgoing Malaysia Airlines CEO says departure not sudden

October 23rd 2017 1:00AM
KUALA LUMPUR -- Outgoing Malaysia Airlines Chief Executive Officer Peter Bellew said his departure from the national carrier was not sudden, as he ...

What Is Priced into American Airlines' Valuation?

October 22nd 2017 11:41PM
Currently, American Airlines (AAL) is trading at a forward EV-to-EBITDA ratio of 6.7x. This is the highest among its major peers and is higher than the ...

How Wall Street Analysts View American Airlines

October 22nd 2017 11:41PM
According to Reuter's consensus, of the 18 analysts tracking American Airlines (AAL), four analysts (22.2%) have a strong “buy” recommendation on ...

A Look at American Airlines' Dividend Payouts

October 22nd 2017 11:41PM
Only four airlines—Delta Air Lines (DAL), Southwest Airlines (LUV), American Airlines (AAL), and Alaska Air Group (ALK)—pay dividends to investors.

American Airlines Stock Recovers in October after Hurricanes

October 22nd 2017 11:41PM
American Airlines (AAL) stock has fallen since mid-July due to several challenges facing the airline industry. These issues include several major ...

Chart in Focus: American Airlines' Debt Levels

October 22nd 2017 11:41PM
American Airlines' (AAL) already-high debt continues to rise. Its total debt has increased from $20.8 billion at the end of 2015 to $24.3 billion at the end ...

American Airlines Increases Its 3Q17 Revenue Guidance

October 22nd 2017 11:41PM
American Airlines' (AAL) 3Q17 revenues are expected to grow 2.7% year-over-year (or YoY) to $10.9 billion, which is lower than the previous estimate ...

Looking ahead to American Airlines' Margins in 3Q17

October 22nd 2017 11:41PM
For 3Q17, American Airlines' (AAL) EBITDA is expected to fall 4.3% YoY (year-over-year) to $2.0 billion, significantly lower than the earlier estimate of ...

Pilot In Nepal Revives Crashed Turkish Airlines Plane As Museum

October 22nd 2017 11:30PM
Kathmandu: A Turkish Airlines plane that crash landed at Kathmandu airport two years ago will be welcoming ticket holders on board again -- not for a ...

Malaysia Airlines picks new CEO after string of departures

October 22nd 2017 10:45PM
Malaysia Airlines is turning to a company insider to tackle one of the toughest jobs in the aviation industry. The struggling airline named former pilot ...
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