Sunday 30 August 2015
 
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Yuan depreciation hits China airline, oil shares

China's surprise decision to allow its currency to fall hit the shares of airlines and oil on Tuesday, threatening to boost their fuel costs and dragging stock market indexes lower. Exporters surged, however, on expectations t

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Rethinking airline loyalty points strategy

Earning and using airline miles used to be simple. Fly 25,000 miles and earn a free flight. It is not so simple anymore. The process of redeeming miles is changing in a way that makes it more difficult for all but elite flyers to

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Consumer choice, innovation 'key drivers of aviation sector'

Consumer choice and innovation are the fundamental drivers of competition in the international airline industry, said Etihad Airways president and CEO James Hogan at the 2015 Global Business Travel Association (GBTA) Convention in Florida (US).

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Consumer choice, innovation 'key drivers of aviation sector'

Consumer choice and innovation are the fundamental drivers of competition in the international airline industry, said Etihad Airways president and CEO James Hogan at the 2015 Global Business Travel Association (GBTA) Convention in Orlando, Flori

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Global airlines' profit expectations decline

Global airlines are not expecting to see significant improvements in key profitability drivers, likely reflecting concerns over weakness in the global business environment and emerging market economies. In a quarterly survey conducted t

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German carrier Lufthansa eyes Luxair stake sale

Lufthansa is considering to sell its 13 per cent stake in Luxair and has been in touch with other shareholders, including the Luxembourg government, to discuss the matter. Lufthansa, which has held a 13 per cent stake in flag carr

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Qatar Airways wins top Skytrax awards

Qatar Airways has won three of the top aviation accolades at the annual Skytrax World Airline Awards, winning ‘Airline of the Year’ for the third time, a statement by the airline said. The airline also collected two ot

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Lufthansa sees good May traffic as new seats lure fliers

A positive trend in April traffic at Germany's Lufthansa continued last month as well with new business class and premium economy seats attracting passengers, said its chief executive Carsten Spohr. Lufthansa said last month i

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Saudia to add over 80 planes in major expansion

National carrier Saudi Arabian Airlines (Saudia) plans to add more than 80 planes to its fleet by 2020, expanding its size by over two-thirds, a top executive was quoted as saying by state news agency SPA. Director-general Saleh b

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US airlines receive benefits worth $71bn: study

US airlines have received benefits valued at $71.48 billion, more than $70 billion of which has been since 2000, enabling the nation's three largest carriers to transition from the verge of bankruptcy to today’s industry leaders, each

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