Aviation Sector

Airlines To Maintain High Fares

Even when the oil companies have reduced the price of the aviation turbine fuel (ATF) by almost 16% mainly due to fall in international ATF prices, it seems domestic air travel is not willing to reduce their fares. Other than now, the prices of ATF fell in the month of February this year.

An important announcement by Indian Oil was made on Sunday that where earlier domestic airlines were paying Rs 71.02 a litre for ATF, now from September they will have to pay Rs 59.65 litre only. Airlines in Chennai too will pay Rs 65.49, down from Rs 77.66 a litre. In Mumbai, where airlines were spending Rs 73.67 per litre, now will spend only Rs 61.83 a litre.

Australia air-safety watchdog barks at Qantas

Australia air-safety watchdog barks at QantasSydney - Qantas Airways Ltd failed to meet its own maintenance performance targets, Australia's Civil Aviation Safety Authority (CASA) said Monday.

CASA decided to investigate the carrier after a run of technical hitches that saw an emergency landing, bits falling off planes and ground crew forgetting to empty toilet tanks.

German report: Airbus to extend A380 to carry 1,000 passengers

German report: Airbus to extend A380 to carry 1,000 passengers Berlin - Airbus SAS is considering an extended 1,000-passenger version of the A380 aircraft, Louis Gallois, chief executive of Airbus's parent company, the European Aeronautic Defence and Space Company (EADS) NV, told a German newspaper in an interview to be published Friday.

The airlines, Deutsche Lufthansa AG and Air France-KLM SA, were both interested in the extended version of the A380, Gallois told the Dresden-based Saechsische Zeitung.

Spanish holiday jet turns back over "technical problem"

Spanish holiday jet turns back over "technical problem"

SkyEurope losses widen on fuel costs

Vienna  - SkyEurope's losses more than tripled in the latest quarter as record fuel prices wiped out rising passenger revenue, the low-cost airline said Thursday.

SkyEurope, which uses Bratislava, Slovakia, as its hub, lost a net 16.8 million euros (24.7 million dollars) in the three months ending June 30, compared to a 5.1-million-euro loss a year earlier.

"We have been forced to increase fares and cut capacity to eliminate poor performing routes," the Austria-based airline said in a statement. "Our results have been significantly impacted by the high fuel prices."

Air Berlin boosts turnover, cuts loss in first half

Berlin - Air Berlin plc Thursday posted a reduced loss in the first half of the year on increased turnover and higher passenger numbers.

The loss before interest and tax (EBIT) at Germany's second- largest airline after Lufthansa came in at 53.9 million euros (80 million dollars), from a loss of 66.3 million euros in the first half last year.

The net loss at the airline, with its subsidiaries LTU and Belair, was 50.8 million euros, compared with red-ink of 60.4 million in 2007.

The company's share rose almost 4 per cent on the news to trade at around 4.00 euros at mid-morning.

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