Airline Fees And Common Sense: Prohibiting Ancillary Charges Would Not Benefit Passengers
While few people like paying the various ancillary fees that most airlines assess in some way these days, virtually no one will like the ultimate outcome if the government were to prohibit or control them, which would be higher overall ticket prices and fewer flights. Fees added onto the actual cost of the ticket are […]
Boeing to Acquire Leading Aerospace Parts Distributor KLX Inc. to Enhance Services Business Growth
Boeing [NYSE: BA] announced today it has entered a definitive agreement to acquire KLX Inc. [NASDAQ: KLXI] to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion of net debt, totaling $4.25 billion. Boeing’s acquisition of KLX Inc. will include KLX Inc.’s […]
Boeing Reports Strong First-Quarter Results; Raises Cash Flow and EPS Guidance
The Boeing Company [NYSE: BA] reported first-quarter revenue of $23.4 billion reflecting higher commercial deliveries and mix, defense contract volume and services growth (Table 1). GAAP earnings per share increased to $4.15 and core earnings per share (non-GAAP)* increased to $3.64 reflecting strong performance across the company. The company’s cash flow guidance is increased to […]
Longtime Airlines for America SVP and General Counsel Announces Retirement
After a career spanning more than three decades, tackling issues that ranged from taxation and regulation to protecting the safety of airline passengers and crewmembers, David Berg, Airlines for America"™s senior vice president, general counsel & secretary announced his intent to retire at the end of June. During his career at A4A, Berg managed industry […]
Japan"™s Leading Low-Cost Airline Details Plan to Accept Bitcoin
Japan"™s leading low-cost airline, Peach Aviation, has been working to implement a bitcoin payment system. Recently, there were reports that the company may be rethinking its bitcoin strategy following the recent hack of a major Japanese cryptocurrency exchange. Peach Aviation and its bitcoin exchange partner have clarified their position. Peach Aviation has recently clarified its […]
American Airlines saw 15 percent surge in cargo traffic in 2017
January 24, 2018: American Airlines witnessed an overall cargo traffic growth for 2017, up 15 percent compared to previous year. This significant improvement followed a year-long effort to continue streamlining the customer experience with the introduction of new self-service tools to automate and improve the booking process, besides implementation of new services like proactive shipment […]
American Airlines is first retrofit customer for Airbus"™ new Airspace XL luggage bins on its A321 fleet
American Airlines (AAL) has chosen Services by Airbus to provide cabin upgrades for 202 of its A321s in-service "“ the largest retrofit project in Airbus history. The airline will be the first retrofit customer for Airbu"™ new Airspace XL bins. The larger bins provide a 40 percent increase in storage space for carry-on bags, reducing […]
Air Canada Cargo to cut freighter operation
Air Canada Cargo has confirmed that after a year and a half it will cut its freighter operation to the US, Mexico, Europe and South America. The Canadian airline confirmed that it would axe its B767-300F freighter partnership with lessor Cargojet at the end of this year. Air Cargo News first reported that the partnership […]
Curaçao Airport focuses on non-aero revenues with Concessionaire Analyzer+
Curacao Airport Partners NV (CAP), operators of Curaçao International Airport, have chosen the Concessionaire Analyzer+ (CA+) software solution to assist in improving the management of its non-aeronautical sector. The solution will focus on automating the collection of detailed sales data from concessions, whilst providing a centralised platform for contracts management, as well as facilities for […]
Airports (Like Carriers) Use Twitter to Ease Travelers"™ Concerns
Before arriving at Phoenix Sky Harbor International Airport, Joe Carella, the assistant dean of executive education at the Eller College of Management at the University of Arizona"™s Phoenix campus, checks the airport"™s Facebook page. The airport also has a Twitter handle, @PHXSkyHarbor, with more than 21,000 followers. That account toggles between passenger needs and promotion […]
