Royal Jordanian shares dropped by 0.6% on Tuesday (30-Nov-2010). On the same day the carrier signed a five-year agreement to migrate to the SITA Airfare Insight platform. Royal Jordanian is the third major Middle Eastern airline to introduce SITA's pricing software.
LCCs had a mixed day’s trading on Tuesday. While US LCCs closed lower, the picture across Europe and Asia was more varied. In key European LCC news, flybe, Europe’s largest regional airline, confirmed plans to go public by the year’s end.
Delta Air Lines (-3.3%) led North and South American airline stocks lower on Tuesday (30-Nov-2010). The decline was despite CEO Richard Anderson stating, in the long-term, the carrier hopes to work with China Eastern Airlines and China Southern Airlines to establish a JV company. “China is the world...
Boeing Commercial Airplanes President and CEO, Jim Albaugh, confirmed that B787 initial deliveries will miss the mid-Feb-2011 target, due to the fire on a test aircraft this month.
Finnair (-1.0%) fell with the majority of other carriers on Tuesday (30-Nov-2010) after Finnish cabin crew union SLSY commenced strike action involving Finnair and Blue1, after efforts to resolve the issue of night shift and days off, failed on the evening of 20-Nov-2010.
Shanghai Airport Authority (-2.8%) stated there has been noticeable increases in travel from Shanghai to Hong Kong since mid-Nov-2010, with outbound travel from Shanghai Pudong Airport and Shanghai Hongqiao Airport to Hong Kong increasing 34.7% year-on-year to 21,100 between 15-Nov-2010 and 29-Nov-2010...
Tiger Airways and South East Asian Airlines (SEAIR) in Nov-2010 announced that SEAIR has become Tiger Airways' first partner airline in the region through a marketing arrangement with "tigerairways.com". The Singapore Airlines-backed LCC added that it plans to pursue further marketing agreements with...
Qantas reported that total domestic (Qantas, QantasLink and Jetstar Domestic operations) yield excluding foreign exchange for the financial year to Oct-2010 increased 0.6% year-on-year. Total International (Qantas and Jetstar International operations) yield excluding foreign exchange for the four months...
