Hong Kong-based Cathay Pacific Airways increased net profit last year to HK$2.62 billion, largely thanks to a HK$2.3 billion saving in fuel costs and a 1.8 per cent improvement in premium passenger yields, it says.
Germany's Lufthansa has named Karl Ulrich Garnadt, its current cargo chief, to head the group's passenger airline business replacing Carsten Spohr, who will become group ceo in May.
Satellites have now joined the search for the missing Malaysia Airlines flight MH370, joining 43 ships and 40 aircraft searching for the missing airliner.
In Ireland, Dublin Airport Authority is seeking an injunction against the Siptu union to block a planned strike at Dublin and Cork airports, saying the strike is unlawful.
Deutsche Post DHL has reported a 43.5 per cent rise in Q4 2013 profit, mainly as a result of lower financial charges after revenues were hit by negative currency movements.
European express air cargo company Farnair has acquired a 45 per cent stake in Thai cargo airline K-Mile Air, taking over the stake held by Malaysia's Transmile Group.
The Ukraine crisis and problems elsewhere in the world have prompted the International Air Transport Association (IATA) to downgrade the industry's likely 2014 profit from US$19.7 billion to US$18.7 billion.
The US Department of Transportation’s Federal Aviation Administration (FAA) has granted the Republic of Azerbaijan a Category 1 rating, signifying it complies with international safety standards set by the International Civil Aviation Organization (ICAO) and meaning its air carriers can add flights and services to the United States and carry the code of US carriers.
USA carrier American Airlines is making more than US$425 million selling takeoff and landing slots at New York's LaGuardia Airport and Reagan National Airport, Washington.
Hong Kong-based Cathay Pacific Airways increased net profit last year to HK$2.62 billion, largely thanks to a HK$2.3 billion saving in fuel costs and a 1.8 per cent improvement in premium passenger yields, it says.
Germany's Lufthansa has named Karl Ulrich Garnadt, its current cargo chief, to head the group's passenger airline business replacing Carsten Spohr, who will become group ceo in May.
Satellites have now joined the search for the missing Malaysia Airlines flight MH370, joining 43 ships and 40 aircraft searching for the missing airliner.
In Ireland, Dublin Airport Authority is seeking an injunction against the Siptu union to block a planned strike at Dublin and Cork airports, saying the strike is unlawful.
Deutsche Post DHL has reported a 43.5 per cent rise in Q4 2013 profit, mainly as a result of lower financial charges after revenues were hit by negative currency movements.
European express air cargo company Farnair has acquired a 45 per cent stake in Thai cargo airline K-Mile Air, taking over the stake held by Malaysia's Transmile Group.
The Ukraine crisis and problems elsewhere in the world have prompted the International Air Transport Association (IATA) to downgrade the industry's likely 2014 profit from US$19.7 billion to US$18.7 billion.
The US Department of Transportation’s Federal Aviation Administration (FAA) has granted the Republic of Azerbaijan a Category 1 rating, signifying it complies with international safety standards set by the International Civil Aviation Organization (ICAO) and meaning its air carriers can add flights and services to the United States and carry the code of US carriers.
USA carrier American Airlines is making more than US$425 million selling takeoff and landing slots at New York's LaGuardia Airport and Reagan National Airport, Washington.