Qantas Airways (QUBSF) suspended all flights of Airbus A380s after one of its planes was forced to make an emergency landing following engine failure.
The A380 fleet will remain grounded “until we are confident that Qantas safety requirements have be…
Airlines should not be forced to take full responsibility for extra security measures as governments try to respond to the discovery of bombs in air-cargo shipments last week, the International Air Transport Association said.
Responsibility for new s…
Will airline travel plunge after two bombs were discovered on board cargo planes?
Continue reading Will Air Travel Plunge Following Terror Plot?
Will Air Travel Plunge Following Terror Plot? orig…
Ryanair (RYAAY), Europe’s largest low-cost airline, posted a 32% jump in earnings on higher traffic and prices.
The Dublin-based carrier had profit of 330.3 million euros ($461 million) in the quarter ended Sept. 30, up from 250.5 million euros a year earlier, Bloomberg News reported.
Sales rose 29% from a year earlier to 1.28 billion euros.
The company raised its forecast for…
Continue reading Ryanair Earnings Rise on Higher Fares
Ryanair Earnings Rise on Higher Fares originally appeared on DailyFinance on Mon, 01 Nov 2010 06:58:00.
Filed Under: Company News, Earnings, Retail
Considering how often airline industry executives complain about how hard it is to run a profitable carrier, one might expect their efforts could go unrewarded — at least monetarily. Not so at the new United Continental Holdin…