Qantas planes collide
Two Qantas passenger jets have had an accident on the ground in near Melbourne according to reports.
Two Boeing 747's were damaged whilst being towed at the Avalon airport, which is Qantas' maintaince base which is located outside of Melbourne.
Ironically, one of the jets was the same jet that was involved in a mid-air explosion in July over the Phillipines. A major hole was ripped in the fuselage during that incident.
Local TV reports have shown footage of one of the jets with the nose caved in, allegedly after hitting the left hand wing of the other plane.
Qantas has said that maintenance staff involved have been suspended in light of the situation.
This accident is the latest in a string of unforunate events that affected Qantas, which is bringing their safety record into question.
Thursday 20 November 2008
Tuesday 18 November 2008
TV viewers’ vote BA as their favourite airline
Viewers of the BBC consumer affairs show Watchdog have voted British Airways as their favourite airline.
In a survey of the most loved and hated airlines, BA beat Easyjet, Singapore Airlines, Emirates and Virgin Atlantic into the number one spot for most loved.
Over 25,000 took part in the survey, and over half chose BA for its customer service and on-board facilities.
Over 2,300 viewers also voted BA into the least favourite carrier category.
The least favourite airline was Ryanair, with more than double the amount of votes of BA. Viewers stated that customer service and delays and cancellations were the reason Ryanair scored so low.
In a survey of the most loved and hated airlines, BA beat Easyjet, Singapore Airlines, Emirates and Virgin Atlantic into the number one spot for most loved.
Over 25,000 took part in the survey, and over half chose BA for its customer service and on-board facilities.
Over 2,300 viewers also voted BA into the least favourite carrier category.
The least favourite airline was Ryanair, with more than double the amount of votes of BA. Viewers stated that customer service and delays and cancellations were the reason Ryanair scored so low.
Sunday 16 November 2008
Iberia profits down 98 per cent
Iberia profits down 98 per cent
Iberia has reported a 98 per cent drop in half-year earnings on the back of high fuel prices and the global economic slowdown.
Operating profit at the Spanish carrier for the months of January to September dropped to 8.2 million euros ($10.35 million) and net profit fell to 51.1 million euros compared with 223 million euros a year ago.
Analysts have complimented Iberia on a strong balance sheet but say that, like other airlines, it faces strong economic headwinds and limited benefits from falling oil prices due to its hedging.
The airline also reported its traffic and capacity statistics for October, which showed an 8.6 per cent drop in passenger traffic.
Iberia has reported a 98 per cent drop in half-year earnings on the back of high fuel prices and the global economic slowdown.
Operating profit at the Spanish carrier for the months of January to September dropped to 8.2 million euros ($10.35 million) and net profit fell to 51.1 million euros compared with 223 million euros a year ago.
Analysts have complimented Iberia on a strong balance sheet but say that, like other airlines, it faces strong economic headwinds and limited benefits from falling oil prices due to its hedging.
The airline also reported its traffic and capacity statistics for October, which showed an 8.6 per cent drop in passenger traffic.
Friday 14 November 2008
Bank warns of recession into 2009
Bank warns of recession into 2009
The UK probably entered a recession in the middle of 2008 and is likely to continue to contract well into 2009, the Bank of England has said.
In its quarterly inflation report, the Bank warned that the economic landscape had changed dramatically since August.
It said that the UK economy could shrink by two per cent over the next year, much worse than its previous forecast.
Bank governor Mervyn King said: “[It is] very difficult to know precisely how long we'll be in recession. I think we probably are in recession now.
“This is a difficult and unprecedented time, but we will come through this. We will come out of recession and get back to a period of low and steady inflation and economic growth.”
Germany has also confirmed that it has entered a recession after government figures showed the country’s economy contracted by 0.5 per cent in the third quarter.
And in further bad news for the economy, BT says it expects to have cut 10,000 jobs by the end of the March.
The UK probably entered a recession in the middle of 2008 and is likely to continue to contract well into 2009, the Bank of England has said.
In its quarterly inflation report, the Bank warned that the economic landscape had changed dramatically since August.
It said that the UK economy could shrink by two per cent over the next year, much worse than its previous forecast.
Bank governor Mervyn King said: “[It is] very difficult to know precisely how long we'll be in recession. I think we probably are in recession now.
“This is a difficult and unprecedented time, but we will come through this. We will come out of recession and get back to a period of low and steady inflation and economic growth.”
Germany has also confirmed that it has entered a recession after government figures showed the country’s economy contracted by 0.5 per cent in the third quarter.
And in further bad news for the economy, BT says it expects to have cut 10,000 jobs by the end of the March.
Wednesday 12 November 2008
Cathay Pacific confirms freeze
Cathay Pacific confirms hiring freeze
Cathay Pacific Airways has confirmed a hiring freeze for the airline and its unit, Hong Kong Dragon Airlines, as part of its cost-cutting measures to deal with reduced demand.
Cathay Pacific chief executive Tony Tyler recently said in a staff newsletter the hiring suspension took effect at the end of October. He added the airline aims to adjust its operating plan for next year in anticipation of a weak market for air travel.
However, he said: “I remain unashamedly optimistic about the future of aviation in Asia – just think of the potential in China and India alone.”
The airline’s plans to cut costs include the removal of five Boeing 777-200 passenger aircraft from service over the next two years, as well as returning two of Dragonair’s Airbus A330 aircraft to their owners when the leases expire in June.
Tyler said the removal of the 777-200s, which include the first ever 777 ever built, will help Cathay Pacific simplify its fleet structure, adding “if we do manage to sell them, the cash will come in very useful.”
Cathay Pacific Airways has confirmed a hiring freeze for the airline and its unit, Hong Kong Dragon Airlines, as part of its cost-cutting measures to deal with reduced demand.
Cathay Pacific chief executive Tony Tyler recently said in a staff newsletter the hiring suspension took effect at the end of October. He added the airline aims to adjust its operating plan for next year in anticipation of a weak market for air travel.
However, he said: “I remain unashamedly optimistic about the future of aviation in Asia – just think of the potential in China and India alone.”
The airline’s plans to cut costs include the removal of five Boeing 777-200 passenger aircraft from service over the next two years, as well as returning two of Dragonair’s Airbus A330 aircraft to their owners when the leases expire in June.
Tyler said the removal of the 777-200s, which include the first ever 777 ever built, will help Cathay Pacific simplify its fleet structure, adding “if we do manage to sell them, the cash will come in very useful.”
Monday 10 November 2008
Strike delays Boeing 787 launch
Strike delays Boeing 787 launch
Boeing has delayed the first flight of its 787 aircraft until 2009, previously scheduled for the end of 2008.
It is the fifth substantial delay to the Dreamliner’s first flight, which was originally planned for summer 2007.
Boeing has blamed the delay on a 58-day machinists’ strike, which finally ended on Sunday.
It also blamed a problem with the installation of the fasteners that hold the aircraft together.
A company spokesman said that inspections had found about three per cent of the fasteners on the four test jets had been incorrectly installed by suppliers, either by being placed too far apart or too close together.
A new launch timetable will be announced once the problems have been fully assessed.
The project has been plagued by delays due to problems with supplier and shortages of parts.
Some airlines have been told they will have to wait two years longer for their aircraft than had originally been promised.
The Dreamliner is a key plank of Boeing’s strategy and is the first airliner to be made from a mixture of carbon fibre and plastic.
The materials make a lighter and more fuel-efficient than other aircraft, and allows it to travel further without refuelling.
Boeing has delayed the first flight of its 787 aircraft until 2009, previously scheduled for the end of 2008.
It is the fifth substantial delay to the Dreamliner’s first flight, which was originally planned for summer 2007.
Boeing has blamed the delay on a 58-day machinists’ strike, which finally ended on Sunday.
It also blamed a problem with the installation of the fasteners that hold the aircraft together.
A company spokesman said that inspections had found about three per cent of the fasteners on the four test jets had been incorrectly installed by suppliers, either by being placed too far apart or too close together.
A new launch timetable will be announced once the problems have been fully assessed.
The project has been plagued by delays due to problems with supplier and shortages of parts.
Some airlines have been told they will have to wait two years longer for their aircraft than had originally been promised.
The Dreamliner is a key plank of Boeing’s strategy and is the first airliner to be made from a mixture of carbon fibre and plastic.
The materials make a lighter and more fuel-efficient than other aircraft, and allows it to travel further without refuelling.
Saturday 8 November 2008
Cathay Pacific expects disappointing 2008 results
Cathay Pacific expects disappointing 2008 results
Cathay Pacific Airways has said it expects “disappointing” 2008 results from weak passenger revenue and substantial losses from fuel hedging contracts.
The Hong Kong based airline said yesterday the recent decline in fuel prices has resulted in HK$2.8 billion (£227.6m) in mark-to market losses on its fuel hedging contracts.
The loss amounts to about 40 per cent of its 2007 net profit of HK7.02 billion (£570.7m), but the actual loss for this year will depend on the movement of fuel prices.
“Corporate travel volumes in all classes are of concern as corporate clients begin to impose stricter travel polices on their employees,” Cathay Pacific said.
The company reported a first-half net loss of HK$663 million (£53.9m), its first since 2003, compared with a net profit of HK$2.58 bn (£209.7m) a year earlier.
But despite fears of a global recession next year, analysts said they expect Cathay Pacific to benefit from a sustained decrease in fuel prices and improved demand for passenger services to China.
UBS analyst Damien Horth said he believes Cathay Pacific’s acquisition of China-focused Hong Kong Dragon Airlines in 2006 has “materially improved the competitive position of the Hong Kong hub, relative to previous downturns”.
Cathay Pacific Airways has said it expects “disappointing” 2008 results from weak passenger revenue and substantial losses from fuel hedging contracts.
The Hong Kong based airline said yesterday the recent decline in fuel prices has resulted in HK$2.8 billion (£227.6m) in mark-to market losses on its fuel hedging contracts.
The loss amounts to about 40 per cent of its 2007 net profit of HK7.02 billion (£570.7m), but the actual loss for this year will depend on the movement of fuel prices.
“Corporate travel volumes in all classes are of concern as corporate clients begin to impose stricter travel polices on their employees,” Cathay Pacific said.
The company reported a first-half net loss of HK$663 million (£53.9m), its first since 2003, compared with a net profit of HK$2.58 bn (£209.7m) a year earlier.
But despite fears of a global recession next year, analysts said they expect Cathay Pacific to benefit from a sustained decrease in fuel prices and improved demand for passenger services to China.
UBS analyst Damien Horth said he believes Cathay Pacific’s acquisition of China-focused Hong Kong Dragon Airlines in 2006 has “materially improved the competitive position of the Hong Kong hub, relative to previous downturns”.
Thursday 6 November 2008
Pegasus doubles Boeing Order
Pegasus doubles Boeing Order
Turkish Low Cost carrier Pegasus has announced that it will buy 24 planes from Boeing, rather than 12 agreed under a previous deal. Boeing was scheduled to deliver the 12 planes, bought for $800 million USD by 2012, under a deal signed in 2005, Pegasus claims that its new generation Boeing 737-800 planes will make it the private airline with the largest fleet in Turkey.
www.reuters.com
Turkish Low Cost carrier Pegasus has announced that it will buy 24 planes from Boeing, rather than 12 agreed under a previous deal. Boeing was scheduled to deliver the 12 planes, bought for $800 million USD by 2012, under a deal signed in 2005, Pegasus claims that its new generation Boeing 737-800 planes will make it the private airline with the largest fleet in Turkey.
www.reuters.com
Wednesday 5 November 2008
Buenos Dias Buenos Aires
Buenos Dias Buenos Aires
British Airways is increasing the frequency of it flights from Heathrow to Buenos Aires from this winter schedule which takes affect when the clocks change. From October 26th, BA will add three additional 747 flights per week to the existing timetable, maning that flights to the Argentinian capital will now depart daily. Furthur expanding it winter schedule, the firm also plans to intordice a new three-times weekly direct service to Rio de Janeiro using a Boeing 777, with flights to both destinations via Sao Paulo.
www.ba.com
British Airways is increasing the frequency of it flights from Heathrow to Buenos Aires from this winter schedule which takes affect when the clocks change. From October 26th, BA will add three additional 747 flights per week to the existing timetable, maning that flights to the Argentinian capital will now depart daily. Furthur expanding it winter schedule, the firm also plans to intordice a new three-times weekly direct service to Rio de Janeiro using a Boeing 777, with flights to both destinations via Sao Paulo.
www.ba.com
Tuesday 4 November 2008
EU rules warning on Alitalia deal
EU rules warning on Alitalia deal
The rescue deal for the Italian airline Alitalia must not breach European Union competition rules, the carrier’s bankruptcy administrator has been warned.
An investment group, the Compagnia Aerea Italiana (CAI), made an offer of £789 million (1bn euros) on Friday, despite the lack of agreement with some unions.
About 3,000 workers will lose their jobs under the rescue plan. The CAI hopes to link Alitalia with a major European airline, but a decision is not expected for several weeks.
Air France-KLM, Lufhansa and British Airways have all been courted as possible partners for Alitalia.
The rescue offer from the CAI came after lengthy talks with Alitalia’s trade unions, which broke down on several occasions.
Alitalia’s bankruptcy administrator, Augusto Fantozzi will study the offer this week, but has said any deal must not violate EU competition rules.
The unions had accepted the CAI’s takeover of Alitalia in principle but the airline’s pilot and flight staff unions have not agreed to the CAI’s detailed terms.
Without a binding rescue offer, Alitalia would have been forced to seek new funding within weeks to keep itself going or risk bankruptcy.EU rules warning on Alitalia deal
The rescue deal for the Italian airline Alitalia must not breach European Union competition rules, the carrier’s bankruptcy administrator has been warned.
An investment group, the Compagnia Aerea Italiana (CAI), made an offer of £789 million (1bn euros) on Friday, despite the lack of agreement with some unions.
About 3,000 workers will lose their jobs under the rescue plan. The CAI hopes to link Alitalia with a major European airline, but a decision is not expected for several weeks.
Air France-KLM, Lufhansa and British Airways have all been courted as possible partners for Alitalia.
The rescue offer from the CAI came after lengthy talks with Alitalia’s trade unions, which broke down on several occasions.
Alitalia’s bankruptcy administrator, Augusto Fantozzi will study the offer this week, but has said any deal must not violate EU competition rules.
The unions had accepted the CAI’s takeover of Alitalia in principle but the airline’s pilot and flight staff unions have not agreed to the CAI’s detailed terms.
Without a binding rescue offer, Alitalia would have been forced to seek new funding within weeks to keep itself going or risk bankruptcy.
The rescue deal for the Italian airline Alitalia must not breach European Union competition rules, the carrier’s bankruptcy administrator has been warned.
An investment group, the Compagnia Aerea Italiana (CAI), made an offer of £789 million (1bn euros) on Friday, despite the lack of agreement with some unions.
About 3,000 workers will lose their jobs under the rescue plan. The CAI hopes to link Alitalia with a major European airline, but a decision is not expected for several weeks.
Air France-KLM, Lufhansa and British Airways have all been courted as possible partners for Alitalia.
The rescue offer from the CAI came after lengthy talks with Alitalia’s trade unions, which broke down on several occasions.
Alitalia’s bankruptcy administrator, Augusto Fantozzi will study the offer this week, but has said any deal must not violate EU competition rules.
The unions had accepted the CAI’s takeover of Alitalia in principle but the airline’s pilot and flight staff unions have not agreed to the CAI’s detailed terms.
Without a binding rescue offer, Alitalia would have been forced to seek new funding within weeks to keep itself going or risk bankruptcy.EU rules warning on Alitalia deal
The rescue deal for the Italian airline Alitalia must not breach European Union competition rules, the carrier’s bankruptcy administrator has been warned.
An investment group, the Compagnia Aerea Italiana (CAI), made an offer of £789 million (1bn euros) on Friday, despite the lack of agreement with some unions.
About 3,000 workers will lose their jobs under the rescue plan. The CAI hopes to link Alitalia with a major European airline, but a decision is not expected for several weeks.
Air France-KLM, Lufhansa and British Airways have all been courted as possible partners for Alitalia.
The rescue offer from the CAI came after lengthy talks with Alitalia’s trade unions, which broke down on several occasions.
Alitalia’s bankruptcy administrator, Augusto Fantozzi will study the offer this week, but has said any deal must not violate EU competition rules.
The unions had accepted the CAI’s takeover of Alitalia in principle but the airline’s pilot and flight staff unions have not agreed to the CAI’s detailed terms.
Without a binding rescue offer, Alitalia would have been forced to seek new funding within weeks to keep itself going or risk bankruptcy.
Sunday 2 November 2008
Virgin sacks 13 over Facebook use
Virgin Atlantic has sacked 13 cabin crew staff after they criticised the airline's safety standards and insulted passengers on a social networking website, it has been revealed. Skip related content
The airline said the employees' behaviour was "totally inappropriate" and "brought the company into disrepute".
In a statement, the airline said: "Virgin Atlantic can confirm that 13 members of its cabin crew will be leaving the company after breaking staff policies due to totally inappropriate behaviour.
"Following a thorough investigation, it was found that all 13 staff participated in a discussion on the networking site Facebook, which brought the company into disrepute and insulted some of our passengers.
"It is impossible for these cabin crew members to uphold the high standards of customer service that Virgin Atlantic is renowned for if they hold these views."
A spokesman for the airline said: "There is a time and a place for Facebook. But there is no justification for it to be used as a sounding board for staff of any company to criticise the very passengers who ultimately pay their salaries.
"Virgin Atlantic staff are known for their world-class customer service and there is no place in our business for anyone who behaves otherwise.
"We have numerous internal channels for our staff to feed back legitimate and appropriate issues relating to the company."
In a statement, the airline said: "Virgin Atlantic can confirm that 13 members of its cabin crew will be leaving the company after breaking staff policies due to totally inappropriate behaviour.
"Following a thorough investigation, it was found that all 13 staff participated in a discussion on the networking site Facebook, which brought the company into disrepute and insulted some of our passengers.
"It is impossible for these cabin crew members to uphold the high standards of customer service that Virgin Atlantic is renowned for if they hold these views."
A spokesman for the airline said: "There is a time and a place for Facebook. But there is no justification for it to be used as a sounding board for staff of any company to criticise the very passengers who ultimately pay their salaries.
"Virgin Atlantic staff are known for their world-class customer service and there is no place in our business for anyone who behaves otherwise.
"We have numerous internal channels for our staff to feed back legitimate and appropriate issues relating to the company."
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