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Delta to Return More Than $1 Billion to Shareholders

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Delta to Return More Than $1 Billion to Shareholders

Balanced capital deployment creates up to $5 billion of value for shareholders through further debt reduction, return of cash to shareholders, and management of pension liability In a broad financial plan released today, Delta Air Lines announced a balanced capital deployment program aimed at creating up to $5 billion of value for shareholders, including returning […]

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United Airlines Employees March for Healthy Babies

Employees raise more than $200,000 for March of Dimes More than 1,000 employees of United Airlines – the Official Airline of March of Dimes National Ambassador Program and a national sponsor of March for Babies – showed their commitment to healthy moms and babies at dozens of March for Babies walk events during the past […]

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Delta Names Richard B. Hirst Executive VP and Chief Legal Officer

Delta Air Lines  has promoted Richard “Ben” Hirst to the position of executive vice president and chief legal officer, effective immediately. In his new role, Hirst will continue reporting to Delta CEO Richard Anderson. Reporting to Hirst will be Andrea Newman, senior vice president – Government Affairs, Robert Rivkin, senior vice president and deputy general […]

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United to Add 30 New Embraer to UE Fleet

United purchasing aircraft that a United Express partner will operate United Airlines today announced an agreement to add 30 Embraer 175 regional jets to the United Express fleet. Under an agreement with Embraer, United will purchase the aircraft with deliveries in 2014 and 2015. These aircraft will be operated by a United Express partner to […]

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Ethiopian Leases Two New Boeing 777- 300ERs

Ethiopian Leases Two New Boeing 777- 300ERs from Air Lease Corporation Ethiopian has signed a lease agreement with Air Lease Corporation for two new Boeing 777-300ER aircraft, both on lease for twelve years. The aircraft are scheduled for delivery in May and June 2015. “We are very happy to finalize this deal with our strong partner, Air […]

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Airlines to Increase Minimun Delays For Flight Compensation

REFUND.ME and Various Consumer Organisations Question Motives Behind Increase to Minimum Delays for Flight Compensation Under the proposed revision of EU regulation 261/2004, the minimum delay for flight compensation would increase from three to five, nine or even twelve hours. By some measures a majority of passengers currently eligible for compensation for flight delays, cancellations […]

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European Airlines Struggling with Restructuring Programs

Frost & Sullivan’s Lida Mantzavinou comments on Lufthansa grounded by trade union strike Lufthansa’s union strike is impacting 98 per cent of the carrier’s flights, with cancellations hitting both short- and long-haul destinations. The half-day strike in March, had affected 40 per cent of the carrier’s flights with cancellations of 700 flights. The union’s reaction […]

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Ethiopian Signs Agreement with Djibouti Airport for Sea – Air Transport

Ethiopian Airlines, the fastest growing airline in Africa, signed a Memorandum of Understanding (MoU) with Djibouti International Airport for the provision of sea-air and air-sea cargo transport of goods in East Africa. The MoU was signed at Ethiopian Airlines headquarters on Monday, 22 April 2013, between Mr. Tewolde Gebremariam, CEO of Ethiopian, and Mr. Mohamed […]

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Ethiopian Graduates 202 Technicians and Cabin Crew

Ethiopian Graduates 202 Technicians and Cabin Crew Ethiopian Aviation Academy graduated 135 aviation maintenance technicians and 67 cabin crew at a ceremony held at Ethiopian Airlines headquarters on Thursday, 18 April 2013. At the graduation ceremony, Ethiopian CEO, Ato Tewolde Gebremariam, said, “Ethiopian Aviation Academy has grown from an annual intake capacity of just 200 students to 1000 at […]

Qatar Celebrates Qatar’s National Sports Day

Qatar Airways Group Marks Qatar`s National Sports Day With a Host of Activities Qatar Airways Group celebrated Qatar’s National Sports Day with fun and excitement attracting more than 1,500 staff and their families for a range of sporting activities. The event brought smiles and camaraderie all round making the special occasion a great fun day […]