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Archive for 2008/07/21


Can Asian airline profits continue in 2008?

Asian carrier profits reached another peak last year as rising fares and surcharges offset higher fuel prices. Analysts expect the profit streak to continue…

Turkish CAA suspends Ankair over insufficient fleet

Turkey’s civil aviation administration has suspended flights by carrier Ankair because, it says, the airline is operating fewer than the minimum number of aircraft required.
Airlines in Turkey need to operate a minimum of three aircraft, and Ankair has only two following the loss of a Boeing MD-83, on lease to Atlasjet, last November.
Ankair […]

End of the party for European airline profits

European carriers collectively had a strong year in 2007 but the region’s airlines are now facing an uphill struggle against slowing demand, rising fuel…

Latin airline profits remain strong

Latin carriers continued to benefit from the region’s strong economy last year, and there was plenty of action in Brazil as Gol struggled to bring its acquisition…

Comment: Could Gulf carriers become serious predators?

When it comes to big aircraft order splashes at air shows, Gulf carriers are the current masters. But as these fledgling nations incubate carriers aimed…