Global airlines slash profit outlook as fuel costs jump

By Victoria Bryan and Byron Kaye SYDNEY, June 4 : Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of geopolitical tensions would add to operating risks. The International Air Transport Association (IATA), which represents about 280 carriers, […]

Four years on, MH370 families await report as search ends for missing plane

By Rozanna Latiff KUALA LUMPUR, May 29 : Malaysia’s new government has promised to release a long-awaited report into the disappearance of Malaysia Airlines flight MH370 as a privately funded underwater search ended on Tuesday. Flight MH370, carrying 239 people, vanished enroute from Kuala Lumpur to Beijing on March 8, 2014, becoming one of the […]

Australian agency believes it can locate MH370 with ‘unprecedented precision’

By Tom Westbrook and Rozanna Latiff SYDNEY/KUALA LUMPUR, Aug 16 : Australia’s main scientific agency said on Wednesday it believed with “unprecedented precision and certainty” that a missing Malaysia Airlines aircraft crashed into the sea northeast of an area scoured in a fruitless two-year underwater search. The agency’s assertion is based on satellite pictures taken […]

US issues revised security directive to airlines worldwide

By David Shepardson WASHINGTON, Jul 14 : The US Department of Homeland Security has issued a revised directive to airlines around the world in response to requests that it clarify aviation security measures scheduled to begin taking effect next week, the agency said today. “This clarifying update will strengthen global aviation security and is a […]

EU demands urgent talks with Washington over airline laptop ban

By Julia Fioretti BRUSSELS, May 11 : The European Union has demanded urgent talks with the United States over a possible extension of a ban on passengers taking laptops into the cabins of commercial aircraft to include some European countries, saying any threats faced are common. The Trump administration is likely to extend the ban […]