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Airline stocks, profits soar thanks to oil plunge

2014-12-16 21:44:54| Airlines - Topix.net

Fuel is the largest expense for airlines, accounting for more than a quarter of their operating expenses. While drivers are excited about gas at $2 a gallon, their savings are likely to come to just $10 a week.

Tags: oil stocks airline profits

 

India's newest airline Vistara gets permit to fly

2014-12-16 13:30:50| Airlines - Topix.net

Vistara, jointly owned by Singapore Airlines and the Mumbai-based Tata conglomerate, said it would soon make an announcement on the start of sales, routes and schedules. "Vistara has received the Air Operator Permit from the regulatory authority," airline spokeswoman Bhakti Arora said in an email.

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Converged Payments Solution minimizes airline complexities.

2014-12-11 14:30:49| Industrial Newsroom - All News for Today

Delivered as end-to-end platform, Converged Payments Solution securely and seamlessly processes passengers' mobile payments and digital transactions, regardless of mobile device or disparate array of underlying data sources and mobile payment technologies, including ApplePay, PayPal, MCX, and credit-debit cards. Solution helps airlines minimize dependency on payment service providers while maintaining secure and user-friendly digital experience for passengers.

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Airline profits 'to hit record'

2014-12-10 13:05:18| BBC News | Business | UK Edition

Profits for the global airline industry will reach a record $25bn next year, the International Air Transport Association (Iata) has said.

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Mueller Gets Hardest Airline Job at Malaysia Air: Southeast Asia

2014-12-08 11:04:03| Airlines - Topix.net

Christoph Mueller will embark on one of the toughest jobs in aviation, turning around an airline that has lost two jets and 537 lives this year. The 52-year-old outgoing chief executive officer of Dublin- based Aer Lingus Group Plc has been named to lead Malaysia Airlines amid a slump in traffic and widening losses.

Tags: air job asia malaysia

 

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