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Daily Archives: February 6, 2009

EASA validation of FAA certification of Boeing 777 Freighter

Click on image for high resolution image The announcement from Boeing says it all. The newest member of the Boeing [NYSE: BA] 777 family, the 777 Freighter, today received its formal stamp of approval from the European Aviation Safety Agency (EASA). EASA validated the U.S. Federal Aviation Administration’s (FAA) Feb. 3 type certification of the 777 Freighter. The certification formally …

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Delta slashes fares in an effort to save Cincinnati

Delta Air Lines (NYSE: DAL) today lowered business and leisure fares in domestic markets served from its Cincinnati hub. The reductions offer more than 80 percent of customers flying to or from Cincinnati a significant savings on advance-purchase leisure and business fares to the hub’s most popular destinations, including select cities in Florida, the Northeast and along the West coast. …

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Supreme Court gives interim relief to Bengaluru airport’s duty free shops

The Supreme Court today stayed the Karnataka High Court judgement that quashed the decision of Bangalore International Airport Ltd. (BIAL), operator of the Bengaluru International Airport at Bangalore, to award the duty-free shops contract to Nuance Group AG of Switzerland and Shoppers Stop. On December 19 2008, on a plea by Flemingo Duty Free Shops Pvt. Ltd., the Karnataka High …

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British Airways performance reflects global meltdown in manufacturing ouput

British Airways released it performance figures for January 2009. In the month, passenger capacity, measured in Available Seat Kilometres (ASKs), was 2.6 per cent below January 2008. Traffic, measured in Revenue Passenger Kilometres (RPKs), fell by 1.3 per cent. This resulted in a passenger load factor increase of 1 per cent, to 73.2 per cent. Reflecting the deepening impact of …

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All Nippon Airways slashes capacity, gears-up for 2010 ‘big-bang’

All Nippon Airways (ANA) of Japan, is planning strategies similar to their world-wide airline counterparts in these times of global recession. Suspending operations, reducing flights and switching to smaller aircraft, essentially slashing capacity to keep passenger load factors high, in an effort to keep the business going this year. India is one of the more badly affected countries by ANA’s …

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