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Lagos, July 28: Arik Air, Nigeria's largest commercial airline, is set to suspend operations to Monrovia in Liberia and Freetown in Sierra-Leone following the first Ebola virus death officially confirmed here.
July has been a dangerous month for airline passengers. The month hasn't quite ended and there's already been three major crashes, resulting in 464 deaths, flights to Tel Aviv were cancelled because of safety concerns over the fighting in Gaza and, on Friday, F-16 jets were scrambled to escort a Sunwing Boeing 737 back to Toronto after a passenger allegedly made threats to flight safety.
Emirates will stop flying over Iraq due to concerns over jihadist missile attacks following the MH17 air disaster in Ukraine, the airline's president Tim Clark told The Times on Monday.Almost 300 people aboard Malaysia Airlines flight MH17 died when it came down in eastern Ukraine nearly two weeks ago, with Washington and Europe claiming it was shot down by a Russian-made surface-to-air missile fired by pro-Moscow militants."This is a political animal but...
Bangkok--28 Jul--TQPR Thailand Jet Airways, India’s premier international airline, and Etihad Airways, the national airline of the United Arab Emirates, have outlined plans to reinforce their long-term commitment to the growth of India’s economy and aviation industry, including a major new turnaround strategy for Jet Airways to return to profitability in three years.
Once the most vilified airline in the skies, Ryanair (RYA) has adopted a more customer-friendly approach in recent times, and the results are paying off. First-quarter profit smashed City forecasts, and chief executive Michael O'Leary has upgraded full-year forecasts and announced a €520 million (£412 million) special dividend. But he was uncharacteristically cautious, too, so what to make of prospects?Well, these are terrific numbers.
An airline will stop flying over Iraq for fear Islamist terrorists ISIS have weapons capable of shooting their planes down.Emirates Airlines will not fly over Iraqi airspace, a detour which could add 45 minutes to flights, following claims the Islamist sect which has seized large parts of the country, has a stockpile of rockets in neighbouring Syria that it can use to shoot down commercial planes, long thought to be beyond the range of all but well-equipped militaries.
Ryanair has set out plans for expansion in Europe after more than doubling its first quarter earnings. Shares (Frankfurt: DI6.F - news) at the no-frills rose 5% following the announcement that revenues rose 11% to €1.34bn (£1.06bn). Profit during April, May and June soared 152% compared with the same time last year. But, Europe's biggest budget airline did acknowledge a slight distortion with the timing of Easter, which fell within that period this year but didn't in 2013.
By Sara Sjolin, MarketWatch LONDON (MarketWatch) — Ryanair Holdings PLC jumped to the top of the Stoxx Europe 600 index on Monday after Europe’s largest discount airline reported a 152% surge in first-quarter profit. Shares of the carrier /quotes/zigman/441183/delayed IE:RY4B +4.30% climbed 3.9%, setting them on track for the first rise in four days.
Bangkok--28 Jul--TQPR Thailand The world’s newest airliner, the Airbus A350-900, has taken off this morning for the final stage towards certification. These Route Proving tests are designed to demonstrate readiness for airline operations and will include high airfield performance, auto-landing trials, and airport turnaround and handling services. Some flights will have passengers on board.
Virgin America Inc., the U.S. airline partly owned by U.K. billionaire Richard Branson, plans an initial public offering to finance growth. Stock will be offered by Cyrus Capital Partners LP as well as by employee and holding companies, the Burlingame, California-based company said today in a Securities and Exchange Commission filing. The number of shares on offer and the price have yet to be determined, Virgin America said.