$500m Priceline Ctrip investment
A Priceline Ctrip investment worth $500 million has been announced by the American online travel group and China’s largest online travel company.
Priceline Group Inc.,...
Delta won best airline in the US
Delta won best airline in the US for 2014 – it had the fewest flight cancellations, lost the least amount of luggage, and gained...
TUI travel Q3 profit jumped 21 percent
TUI Travel Q3 profit increased by 21% to ₤92 million ($154 million) on a like-for-like basis. The largest tour operator in Europe by revenue...
IAG Q2 results pleased investors
With operating profit increasing to €380 million compared to €245 million in Q2 2013, IAG Q2 results pleased investors. Revenue for the quarter rose...
Virgin America IPO planned
The long-awaited Virgin America IPO (initial public offering) announcement was made by the airline that is partly owned by British billionaire Sir Richard Branson...
Huge Ryanair profit jump raises forecast
A Ryanair profit jump of 152% to €197 million in the Q1 2014 compared to €78 million in the same quarter last year triggered...
Air France-KLM Q2 profits nearly tripled
Thanks to an effective cost-cutting program, Air France-KLM Q2 profits nearly tripled to €238 million compared to €84 million in the second quarter of...
Commercial sales boosted Boeing Q2 2014 net profit by 52 percent
Strong commercial sales boosted Boeing Q2 2014 net profit by 52 percent to $1.653 billion compared to $1.088 in Q2 2013. Revenue rose 1% to...
Airbus unveils A330 Family enhancements
At the Farnborough Airshow in England today, Airbus unveiled its medium-range widebody A330 Family enhancements. The A330neo program consists of two versions – the...
American Airlines CFM International order for $2.6bn
An American Airlines CFM International order worth $2.6 billion has been announced by the two companies to provide the advanced LEAP-1A engines for 100...