A collapse of the euro zone would have a crippling impact on Europe’s airlines and hotel groups, as consumers and businesses would slash their travel budgets and prices would plummet, market researcher Euromonitor International said.
A group of passengers from a JetBlue flight that was forced to make an emergency landing in March after the pilot suffered a midair meltdown filed a lawsuit on Wednesday against both the airline and the pilot, according to court papers.
Qantas Airways has tapped Macquarie Group to defend the Australian airline against a possible takeover and find ways to shore up its share price, a source with knowledge of the matter said, after the carrier lost a third of its value last week because of a profit warning.
Airbus A380 superjumbo jets could be out of service for several weeks when they undergo permanent repairs to address wing cracks, the company said on Monday.
Global airlines are bracing for Europe’s debt crisis to worsen during the year, warning it would wipe out the benefit to the industry of lower fuel prices.
US Senate lawmakers and the Obama administration stiffened their opposition to a European law that targets emissions from commercial airliners and applied new pressure on Brussels and the United Nations to resolve global concerns.
A solar energy plane has landed in Morocco, completing the world’s first intercontinental flight powered by the sun to show the potential for pollution-free air travel. The Solar Impulse took off from Madrid at 0322 GMT on Tuesday and landed at Rabat Airport after a 19-hour flight. Shortly before Swiss pilot Bertrand Piccard landed in …
Abu Dhabi’s rapidly-growing Etihad Airways has bought a four percent stake in Virgin Australia, its fourth overseas deal since December as the airline tries to compete with Gulf rivals. The airline, founded eight-years ago, has already bought stakes in three other carriers in a push to chase the big Gulf state-backed airlines, Qatar Airways and …
AUSTRALIANS can expect more cheap flights to Asia following the announcement of new routes by budget airline Scoot.
TOURISM Australia has ditched the Lara Bingle-style bikini babe and Paul Hogan-esque Aussie larrikin and gone upmarket for its new $250 million marketing campaign.