Monthly Archives: May 2016

Priority Pass crosses 900 lounges, shows strongest year growth

Priority Pass, world’s largest independent airport lounge access program has crossed 900 airport lounges. It has also shown highest growth in a year by adding 51 lounges so far. Its continued success in Asia Pacific is yet another contributor to its fast growth as the program has added 24 lounges this year alone with a total of 80 since last …

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Air France, Lufthansa and British airways fined

Trio of European airlines were fined by the U.S Department of Transportation (DOT) for inadequate response to complaints lodged by passengers with disabilities. Air France and Lufthansa were each fined $200,000 and British Airways was fined $150,000 and ordered to desist a repeat of the incident. “When air travelers file complaints with airlines, they deserve prompt and complete responses that …

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Boeing delivers 400th 737-800 to Ryanair

American airframer Boeing and Dublin-based low-cost carrier Ryanair celebrated the delivery of airline’s 400th NG 787-800. Taking its first delivery in 1994, Ryanair now operates the largest 787-800 fleet in the world and is the largest European Boeing operator with over 1,800 daily flights carrying 106 million passengers annually to more than 30 countries. The airline has over 130 unfilled orders …

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Lufthansa, Amadeus sign contract to deliver new load control system

German flag carrier Deutsche Lufthansa AG has signed a major framework contract with airline IT company Amadeus to deliver a new load control system. The airline will adopt the Amadeus Altea Departure Control Flight Management (Altea DC-FM) system across its network carriers, starting with Lufthansa, Swiss International Air Lines, Brussels Airlines and Lufthansa Cargo. The system to be adopted will …

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China Eastern finalizes aircraft orders with Boeing and Airbus

China Eastern, one of the nation’s top three airlines has announced aircraft orders with American airframer Boeing and the Europe-based Airbus. Last week, the airline first finalized an order with Boeing for 15 787-9 Dreamliner aircraft valued approximately $4 billion at list prices. The very next day, it announced another big order with Airbus for 20 A350-900 aircraft. This order, valued $6.16 …

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Turkish Airlines to receive 26 new Boeing aircraft

Turkey’s flagship carrier Turkish Airlines announced that it will be receiving 26 new aircraft from American airframer Boeing this year. The order, predicted by Boeing’s Middle Eastern facility for the year is the largest placed by the airline. It is also the largest order placed for Turkey. The order of 26 involves six 777-300ERs and 20 Next-Generation 737-800s. The new aircraft …

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China’s only all-Boeing carrier orders 10 737-800s

XiamenAir, China’s only all-Boeing carrier finalized an order with American airframer Boeing for 10 787-800 aircraft, valued at approximately $ 960 million at current list prices. The airline currently operates a fleet of 135 aircraft that includes 17 737-700s, 108 737-800s, four 757-200s and six 787-8 Dreamliners.

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IndiGo continues to impress with Q4 and full year FY2016 results

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

India’s largest domestic airline Indigo, continued to impress with its fourth quarter fiscal 2016 and full year fiscal 2016 earnings reported last Friday. For the full financial year ending March 2016, Indigo reported: Revenues of Rs 16,601 crore Net profit of Rs 1,990 crore for FY16 (53% increase YOY) Cash on hand: Rs 6,046 crores (Rs 2,262 free cash, balance restricted) …

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