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Jun 9, 2015

Emirates airline says to submit response soon in Open Skies row

By Victoria Bryan

(Reuters) – The president of carrier Emirates said it will
soon submit to the U.S. government a response to American
rivals’ allegations that it has received illegal subsidies,
which the Gulf airline calls unfounded.

The U.S. airlines want the government to alter its “Open
Skies” agreements with the United Arab Emirates and Qatar,
accusing them of lavishing their airlines with over $40 billion
in subsidies and distorting competition. Emirates, Etihad
Airways and Qatar Airways deny the subsidy claims.

Jun 9, 2015

Airlines weigh up Lufthansa ticket distribution charge

MIAMI, June 9 (Reuters) – Global airlines are considering
whether to copy a move by Lufthansa to slap a 16 euro surcharge
on tickets booked via third-party systems as they try to improve
the amount they earn on ticket sales, executives said at a
meeting in Miami this week.

Lufthansa said last week it was implementing the
surcharge for tickets booked via third-parties on global
distribution systems (GDS), a decision that prompted ire from
providers like Amadeus and Sabre as well as from travel agents.

Jun 9, 2015

U.S. and Middle East airlines trade accusations on subsidy claim

MIAMI, June 8 (Reuters) – U.S. and Middle East airline
chiefs traded accusations on Monday over a campaign by major
U.S. carriers to restrict what they say is heavily subsidized
competition from Gulf counterparts.

In the United States, airlines are trying to persuade the
U.S. government to alter the “Open Skies” agreements with the
United Arab Emirates and Qatar, accusing them of lavishing their
airlines with more than $40 billion in subsidies and distorting
competition. Emirates, Etihad Airways and Qatar
Airways deny the subsidy claims.

Jun 8, 2015

Air France-KLM mulls following Lufthansa’s ticket charge move

MIAMI, June 8 (Reuters) – Air France-KLM is
considering following a move by Lufthansa to levy a charge on
tickets booked via third parties as a way of increasing its
per-ticket earnings, the airline’s chief executive said on
Monday.

Lufthansa said last week it was implementing a 16
euro surcharge for tickets booked via third-parties on global
distribution systems (GDS), a decision that prompted ire from
providers such as Amadeus and Sabre plus travel agents, which
will now have to use a different system to avoid the charge.

Jun 8, 2015

Airlines hit headwinds from investors as they try to capture growth

By Jeffrey Dastin and Victoria Bryan

(Reuters) – Major U.S. airlines’ shares tumbled on Monday amid fears that the carriers are grabbing for market share at the expense of profits.

Shares in Delta Air Lines Inc (DAL.N: Quote, Profile, Research, Stock Buzz) , Southwest Airlines Co (LUV.N: Quote, Profile, Research, Stock Buzz), United Continental Holdings Inc (UAL.N: Quote, Profile, Research, Stock Buzz) and American Airlines Group Inc (AAL.O: Quote, Profile, Research, Stock Buzz) all fell sharply despite a bullish outlook on industry profitability issued Monday by the International Air Transport Association (IATA) at its general meeting in Miami.

Jun 8, 2015

Some airlines taking closer look at A380 than before: Airbus CEO Bregier

MIAMI (Reuters) – Planemaker Airbus’s (AIR.PA: Quote, Profile, Research, Stock Buzz) chief executive said some potential customers were studying its A380 super jumbo more seriously than before, although orders for other widebodies were more likely at this month’s Paris Airshow.

“After some years where people were considering the A380 would not find its place in fleet planning, they are now studying it much more seriously,” Fabrice Bregier told Reuters in Miami on the sidelines of the annual meeting of the International Air Transport Association (IATA).

Jun 8, 2015

Qatar Airways CEO seeks curbs on U.S. rivals’ ‘protectionism’

MIAMI (Reuters) – Qatar Airways’ chief executive officer on Monday called for the aviation industry’s largest trade group to address protectionism, hitting back against U.S. airlines campaigning to restrict what they say is heavily subsidized competition from Gulf carriers.

U.S. airlines are trying to persuade their government to alter the “Open Skies” agreements with the United Arab Emirates and Qatar, accusing them of lavishing their airlines with than $40 billion in subsidies and distorting competition. Emirates [EMIRA.UL], Etihad Airways and Qatar Airways deny the subsidy claims.

Jun 8, 2015

Qatar Airways CEO calls protectionist attacks a ‘risk’ to aviation

MIAMI, June 8 (Reuters) – Qatar Airways Chief Executive
Officer Akbar Al Baker on Monday asked a meeting of the aviation
industry’s largest trade group to reiterate its support of free
and open market access, saying protectionism could lead to
retaliation.

The plea comes as U.S. airlines are trying to persuade their
government to alter the “Open Skies” agreements it has with the
United Arab Emirates and Qatar. The U.S. carriers accuse those
two Gulf states of giving more than $40 billion in subsidies to
their airlines, distorting competition. Emirates,
Etihad Airways and Qatar Airways deny the subsidy claims.

Jun 8, 2015

IATA hikes 2015 global airline profit forecast to $29 billion

MIAMI/PARIS (Reuters) – Global airlines raised their forecast for 2015 industry profits by more than 17 percent to $29.3 billion on Monday, almost doubling from last year and heralding a boom for carriers in North America that stand to reap half the worldwide total.

The International Air Transport Association (IATA), announcing the upgrade during a gathering of 260 member airlines, said lower oil prices were the main factor pushing the industry further into the black. But the windfall could be muted by the rise in the value of the dollar and widespread airline fuel hedging.

Jun 7, 2015

Lufthansa CEO sees good May traffic as new seats lure fliers

MIAMI (Reuters) – A positive trend in April traffic at Germany’s Lufthansa continued in May with new business class and premium economy seats attracting passengers, Chief Executive Carsten Spohr said on Sunday.

Lufthansa said last month its April passenger numbers rose 6.7 percent to 9.14 million, though the load factor, or proportion of seats sold, dropped 1.4 percentage points to 78.1 percent. It is due to publish May traffic figures on Wednesday.

    • About Victoria

      "Based in Frankfurt, covering German companies in the retail, travel and leisure sectors. In my previous Reuters incarnation in London, I focused on green tech firms, utilities and an array of smallcaps that came my way on the Breaking News team. I started my career as a translator with the Financial Times in London before switching into journalism."
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