Passenger Transportation Services

Venezuela has revoked the operating rights of six major international carriers that suspended flights into the country after a warning by the U.S. Federal Aviation Administration. The Civil Aviation Authority revoked the permits of Iberia and TAP. Avianca and Latam Colombia were also affected. Turkish Airlines, Gol and Turkish Airlines are no longer allowed to fly into and out of this Caribbean nation. This further reduces their connectivity and fulfills their threats from last week. Caracas issued a statement in which it said that the airlines had "joined the actions of state terror promoted by the United States", by "unilaterally...

CNBC reported Tuesday that the U.S. Federal Aviation Administration has opened an investigation into Amazon after one its delivery drones damaged a cable in central Texas, last week. The spokesperson for the Federal Aviation Administration (FAA), who was quoted by CNBC, said this. CNBC was informed by the e-commerce giant that the incident occurred after the drone clipped the internet cable. The drone then performed a safe contingent landing. The network reviewed video footage of one of Amazon's MK30 Drones as it was ascending out of a customer yard. One of the six propellers got entangled with a utility wire....

Workday's third-quarter subscription revenues were in line with Wall Street expectations on Tuesday. This signaled a softer market and sent its shares down by nearly 7% during extended trading. A sluggish higher education market, which heavily relies on federal funding, also affected the forecast for subscription revenue in the fourth quarter of this human resources software provider. Workday is a payroll provider that competes with Oracle and SAP. Customers include United Airlines, Visa, and FedEx. Some customers, in an uncertain economic climate, are reassessing their budgets and timing. They may also reduce spending on Workday. According to data compiled and...

Sean Duffy, the U.S. Transportation secretary, wants airlines to replace salty pretzels with healthier alternatives. "I'd love to have some better snacks." Duffy, in an interview posted on Blaze News Tuesday, said, "I would love to have a healthier snack while flying." He added that it would be better "if I did not get the really fattening cookies full of sugar, butter and crap." Or that snack pack of pretzels." Airlines for America is a trade association that represents American Airlines, Delta Air Lines and Southwest Airlines. United Airlines was also represented. Duffy launched a new campaign last week to...

London's FTSE 100 dipped on Monday as industrials and consumer staples stocks weighed. Investors awaited this week's much-anticipated budget from the British government. The blue-chip index ended down by 0.1% while the midcap FTSE 250 gained 0.2%. This was its first positive movement in over two years. As peace talks to end Ukraine's war progressed, stocks of aerospace and defence fell by 1.7%. BAE Systems dropped 3.6% and Babcock International fell 1.6%. Diageo fell 2.2%. Beverage stocks dropped 1.8%. Sub-indexes for personal care, drugs and groceries fell by 1.2%. Marks & Spencer dropped 2.6%. Utilities lost 1.3%. Banking stocks, on...

Three international airlines canceled flights from Venezuela on the morning of Saturday. The U.S. Federal Aviation Administration had warned major airlines about a "potentially dangerous situation" while flying over the nation. Flightradar24, the official website for Simon Bolivar International Airport, and Brazil's Gol and Colombia's Avianca all reported that three international airlines canceled their flights from Caracas, Venezuela, on Saturday. Aeronautica Civil de Colombia stated in a press release that there are "potential risks", when flying in Maiquetia, "due the deterioration in security conditions and the increased military activity in this region." TAP confirmed that it has canceled flights for...

The U.S. Federal Aviation Administration on Friday warned major airlines of a "potentially dangerous situation" while flying over Venezuela, and encouraged them to exercise caution. The FAA's notice noted the "worsening situation in security and increased military activity around Venezuela", and warned that threats at any altitude could be dangerous to aircraft. In recent months there has been an enormous American military buildup, including the largest aircraft carrier of the U.S. Navy, as well as at least eight warships and F-35 planes. The Trump administration has bombed boats that were allegedly transporting drugs and had left the shores of Venezuela...

On Friday, a group of U.S. House members called on the Trump Administration to enforce key provisions in a rule that was issued by former president Joe Biden's government and which requires new consumer protections when disabled passengers use wheelchairs. The letter was signed by 14 Democrats from the House Transportation and Infrastructure Committee, including Greg Stanton and Rick Larsen. Airlines for America, a trade association of United Airlines, Delta Air Lines and Southwest Airlines, as well as JetBlue Airways, filed a lawsuit in February against the rule that sets stricter standards for accommodating wheelchair-bound passengers. In September, the U.S....

The Indian Air Force confirmed that a Tejas fighter plane, manufactured in India, crashed during a display at the Dubai Air Show on Friday and killed its pilot. Witnesses report that the fighter was at a low level at 2:15 pm (1015 GMT), before it came down in a fireball. Black smoke was seen rising behind an airstrip fence in footage from the scene. In a press release, the IAF stated that a court of inquiry was being formed to determine the cause of this accident. The crash is India's second known crash. It is important for India to modernise...

National Transportation Safety Board reported on Thursday that the pilots of a United Airlines aircraft, which was struck by a weather balloon on an October 16 flight near Moab in Utah, were pelted with glass before landing on an emergency basis. WindBorne Systems said last month that it believed one of its weather balloons had cracked the windshield on United Flight 1093. This Boeing 737 MAX. The NTSB stated that the radar trace of the balloon was in line with the United aircraft that was hit. The NTSB stated that "both pilots were showered with glass pieces as a result...

The Federal Communications Commission (FCC) voted unanimously on Thursday in favor of plans to auction off key wireless spectrum that is crucial for advanced technologies. This vote aims to avoid another conflict between airlines and telecoms companies. The FCC announced that it would consider whether proceeds from the C-Band auction should be used by airlines to replace radio altimeters which could suffer interference during flight due to spectrum usage. Concerns that 5G could interfere with plane altimeters - which give data about a plane's elevation above the ground and are vital for landing in bad weather - led to some...

The 2026 FIFA World Cup could give the U.S. a boost in international tourism after a slowdown in 2025. Visitors stayed away due to unease about President Donald Trump's policies on trade and fears of tougher border controls. Visa data from the National Travel and Tourism Office shows that foreign visits to the U.S. have declined by 4% since the beginning of the year. Tourism Economics, a travel data company, predicts a 6.3% decline in the full year of 2025. Next year, the biggest sporting event in the world is expected to attract over one million visitors. It will be...

The Dutch parliament approved on Thursday a plan for a tax increase on private jet travel starting in 2030. The rules will be applicable to aircraft that have 19 seats or less. Passengers on flights up to 2,000 kilometers (1,243 miles), will be charged 420 euros (486 dollars). The fee for those travelling between 2,000 km and 5,500km is 1,015 euro, while journeys over that distance are charged 2,100 euros. Private jets will be taxed based on distance in 2027, when all aviation taxes will move to a weight-based system. Between 2027 and 2030 the taxation of private jets will...

British Airways' owner IAG submitted a formal statement of interest to buy a minority stake (up to 5%) in Portugal's flag airline TAP. However, it said that some issues needed to be resolved before the company would consider investing. IAG has become the third airline in Europe to express interest in privatising TAP. It joins Air France-KLM, and Germany's Lufthansa. A spokesperson for IAG confirmed on Friday that the airline had submitted a declaration of interest to the state-owned holding Parpublica "in accordance with the process of the government for the partial privatisation of TAP". The spokesperson said that "However,...

Boeing will not use this week's Dubai Airshow to announce new orders, but rather to outline the certification path for its long-delayed mini-jumbo 777x programme. Boeing announced last month a new delay, and took a $4.9billion charge for its biggest twin-engined aircraft, pushing delivery to 2027, which is seven years later than initially planned. Stephanie Pope, CEO of Boeing Commercial Airplanes, said that she would not be placing orders in the next 2 to 3 days. Pope said, "It is about being transparent and engaging with our customers. We will highlight the progress...and any concerns or issues they may have."...

Boeing's top executive in jet manufacturing said that the company aims to stabilize aircraft production levels at present before moving on to new industrial milestones, while implementing safety and quality improvements. Boeing Commercial Airplanes' CEO Stephanie Pope said it was still too early to predict when Boeing will increase 737 jet production to 47 per month. The regulators had recently cleared Boeing to achieve 42 per month following the lifting of temporary output limits. Pope told a press conference ahead of the Dubai Airshow that "getting it right at (the correct) pace is more important than speeding up." PRODUCTION MILESTONES...

B&M, a British discount retailer, reported a weak start for the crucial Christmas quarter on Thursday, sending its share price to a new record low. However, its CEO is hopeful that a strong position with festive gifts and decorations can improve their performance. Helen Cowing, an experienced finance executive, was appointed interim finance director a month following the disclosure of an accounting mistake that resulted in a profit warning as well as the departure of their previous finance chief. Five months after taking on the position, CEO Tjeerd Gegen has already laid out a turnaround plan that focuses on reducing...

Air France-KLM announced third-quarter results that were in line with expectations on Thursday. It also confirmed its outlook for 2025, despite some expenses increases and expensive challenges faced by its Dutch subsidiary KLM. As the summer travel season is lucrative and busy, the third quarter of the year is typically the most profitable for European airlines. Travel from Europe to the United States is down under U.S. president Donald Trump. His policies are seen by many as anti-foreigner, anti-trade and anti-foreigner. Analysts polled by LSEG had predicted an operating profit of 1,27 billion euros (1,48 billion dollars) for the airline...

Safran, the French aerospace company, raised its full-year revenue forecasts after reporting higher than expected third-quarter revenues led by its core Jet Engine division. The company, who co-produces LEAP engines with GE Aerospace via their CFM venture said that it had "strongly caught up" on late deliveries in the third quarter, shipping more than any other quarter. Airbus and Boeing have delayed their jet deliveries and caused congestion in maintenance centres, which has led to a strong demand from engine manufacturers for spare parts. In the engine industry, there is a tug-of-war between aircraft manufacturers and airlines that need spare...

Air France-KLM CEO said that on Monday, western European airlines needed more favorable regulation as the requirement to fly around Russian airspace places them at a disadvantage compared to their Chinese competitors. Ben Smith, CEO of Air France-KLM, said in an interview with the German newspaper Frankfurter Allgemeine Zeitung as well as with French newspaper Les Echos and Lufthansa Group CEO Carsten Schohr that having to avoid Russia adds two to two-and-a half hours to flights from Europe to Asia. All costs associated with the extra flight time are to be paid by the customer. Smith added that customers don't...

IndiGo, India's budget carrier, announced on Friday that it had signed a contract confirming the conversion 30 of its 70 A350-900 purchase rights into firm orders. This doubled its widebody order list to 60 from 30, and increased its total number of A350-900s ordered. This move is part of India's strategy to increase its long-haul services and capture more international traffic away from Gulf carriers like Emirates. According to government and industry data, India's international air traffic is expected to grow from 64 million passengers in 2019 to 160 million passengers by 2030. However, the majority of this traffic will...

Air India has been in discussions with Airbus and Boeing about adding more wide-body aircraft to its planned purchase of up to 300 aircraft. This is a sign that the turnaround for the Tata Group's Air India has accelerated. Sources say that the negotiations include 80 to 100 wide body jets in addition to 200 narrow body jets and 25-30 large-body aircraft previously reported. Airbus stated that it "does not comment on confidential conversations, which may or might not happen with customers." Air India and Boeing didn't immediately respond to requests for comments. Air India had been reported to be...

Boeing said that it delivered 55 jets to customers in September. This is up from 33 in September of last year, when the production was curtailed by a strike by some 33,000 workers at its Northwest factories. The total is broadly stable from August's 57 deliveries Boeing delivered 87 aircraft in September 2018, its best month since 2018. However, it still lags behind rival Airbus which delivered 73 planes last month. Airbus delivered 507 aircraft to Boeing's 440 in the first nine-month period of this year. Last month, Boeing delivered 40 737 MAX jets, including 10 to Ryanair. One of...

Spirit Airlines, in an effort to optimize its fleet, will not purchase 52 Airbus aircraft and its options on 10 more. AerCap will take over the aircraft orders. The agreement between Spirit and AerCap was approved by the U.S. Bankruptcy Court of the Southern District of New York on Friday as part of a settlement of disputes. Spirit's second bankruptcy was triggered by a dispute with the largest aircraft leasing company in the world. AerCap abruptly cancelled the lease agreements of 36 Airbus A320neo jets scheduled to be delivered to Spirit in 2027-2028. The company also claimed that Spirit had...